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Athenahealth sale highlights EHR consolidation trend
Modern Healthcare: Facing an increasingly saturated electronic health records market, software vendors like Athenahealth are under increasing pressure to consolidate and seek out new avenues for revenue and growth.
Most healthcare organizations already have EHRs in place, and vendors can no longer count on major growth from new installations alone. That's spelled lower bookings year over year for some. Ever since Athenahealth began reporting quarterly bookings, it's reported lower year-over-year booked business. And in the second quarter of the year, Allscripts also had a dip—32%—in booked business.
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