May 17, 2020

President & CEO of athenahealth steps down with immediate effect

healthcare
USA
Catherine Sturman
2 min
Leading provider of network-enabled services for hospital and ambulatory customers, athenahealth, has announced that President & CEO Jonathan Bush i...

Leading provider of network-enabled services for hospital and ambulatory customers, athenahealth, has announced that President & CEO Jonathan Bush is to step down with immediate effect. The athenahealth board is now set to look at identifying qualified candidates.

The company’s Board of Directors is also set to explore strategic alternatives, including a sale, merger or further transaction.

Recent processes will therefore support the company’s operations as it works to ensure that

Jeff Immelt, Chairman of athenahealth, can assume greater operational responsibilities in his new appointment as Executive Chairman. Marc Levine, Executive Vice President, Chief Financial Officer, Chief Accounting Officer and Treasurer will also work to gain further oversight of the business.

Amy Abernethy, M.D., Ph.D., will also be advising the Executive Leadership Team on data strategy within her role as a director.

See also

"athenahealth is the most universally connected healthcare network in the country, and we believe there remains significant, unrealised value in the company.  To ensure athenahealth maximises shareholder value and is best positioned to realise the full potential of its premier healthcare technology platform, the Board has authorised a thorough evaluation of strategic alternatives, including a potential sale or merger or continuing as an independent company under new leadership,” explained Immelt.

“We approach this process with an open mind and a commitment to continuing to strengthen the company - including its rich data asset, platform strategy, and culture of innovation. We are fully focused on serving the best interests of our shareholders, employees and clients."

“The Board and Jonathan agree that this change in leadership is appropriate as athenahealth turns to its next chapter," he added.

Lazard and Centerview Partners will act as the Company's financial advisors, and Weil, Gotshal & Manges LLP is legal counsel to the Company. 

Share article

Jun 17, 2021

Check Point: Securing the future of enterprise IT

HOOPP
Checkpoint
3 min
Erez Yarkoni, Global VP, explains how a three-way partnership between Check Point, HOOPP, and Microsoft is yielding optimum cloud security

Cybersecurity solutions provider Check Point was founded in 1993 with a mission to secure ‘everything,’ and that includes the cloud. Conscious that nothing remains static in the digital world, the company prides itself on an ability to integrate new technology with its solutions. Across almost three decades in operation, Check Point, with its team of over 3,500 experts, has become adept at protecting networks, endpoints, mobile, IoT, and cloud.

“The pandemic has been somewhat of an accelerator in the evolution of cyber risk,” explains Erez Yarkoni, Global VP for Cloud Business. “We had remote workers and cloud adoption a long time beforehand, but now the volume and surface area is far greater.” Formerly a CIO for several big-name telcos before joining Check Point in 2019, Yarkoni considers the cloud to be “part of [his] heritage” and one of modern IT’s most valuable tools.

Check Point has three important ‘product families’, Quantum, CloudGuard, and Harmony, with each one providing another layer of holistic IT protection:

  • Quantum: secures enterprise networks from sophisticated cyber attacks
  • CloudGuard: acts as a scalable and unified cloud-native security platform for the protection of any cloud
  • Harmony: protects remote users and devices from cyber threats that might compromise organisational data

 

However, more than just providing security, Yarkoni emphasises the need for software to be proactive and minimise the possibility of threats in the first instance. This is something Check Point assuredly delivers, “the industry recognises that preventing, not just detecting, is crucial. Check Point has one platform that gives customers the end-to-end cover they need; they don't have to go anywhere else. That level of threat prevention capability is core to our DNA and across all three product lines.”

In many ways, Check Point’s solutions’ capabilities have actually converged to meet the exact working requirements of contemporary enterprise IT. As more companies embark on their own digital transformation journeys in the wake of COVID-19, the inevitability of unforeseen threats increases, which also makes forming security-based partnerships essential. Healthcare of Ontario Pension Plan (HOOPP) sought out Check Point for this very reason when it was in the process of selecting Microsoft Azure as its cloud provider. “Let's be clear: Azure is a secure cloud, but when you operate in a cloud you need several layers of security and governance to prevent mistakes from becoming risks,” Yarkoni clarifies. 

The partnership is a distinctly three-way split, with each bringing its own core expertise and competencies. More than that, Check Point, HOOPP and Microsoft are all invested in deepening their understanding of each other at an engineering and developmental level. “Both of our organisations (Check Point and Microsoft) are customer-obsessed: we look at the problem from the eyes of the customer and ask, ‘Are we creating value?’” That kind of focus is proving to be invaluable in the digital era, when the challenges and threats of tomorrow remain unpredictable. In this climate, only the best protected will survive and Check Point is standing by, ready to help. 

“HOOPP is an amazing organisation,” concludes Yarkoni. “For us to be successful with a customer and be selected as a partner is actually a badge of honor. It says, ‘We passed a very intense and in-depth inspection by very smart people,’ and for me that’s the best thing about working with organisations like HOOPP.”

 

Share article