Skip to content
Subscriber Only

Athenahealth to Acquire App-Maker Epocrates for $293 Million

Athenahealth Inc., a provider of online services to doctors and hospitals, said it is acquiring Epocrates Inc. for about $293 million to gain a leading iPhone app and expand in electronic records.

Athenahealth will pay $11.75 a share for San Mateo, California-based Epocrates. The cash offer, which exceeded Epocrates’ Jan. 4 closing price by 22 percent, was approved by both companies’ boards, Athenahealth said.