Athenahealth, a company based in Watertown, Mass., announced that it would be relocating to Atlanta’s Ponce City Market, bringing 500 new jobs with it.
The health care IT firm formally announced the move Monday.
Athenahealth offers cloud-based services for physician practice management and electronic medical records. The company currently has about 100 employees in Alpharetta. Those employees will relocate to the new office in Ponce City Market. The company plans 400 additional jobs over five years.
“The Athenahealth win is huge for the city, our residents and the Ponce de Leon corridor,” said Mayor Kasim Reed. “The company’s commitment to our city continues Atlanta’s successful string of attracting major operations and headquarters of sought-after companies.”
In the past year, Invest Atlanta has worked to bring several headquarters and expansions to the city, including PulteGroup, ExactTarget and Carter’s.
“The city of Atlanta’s ability to attract a company such as Athenahealth is a testament to the strides we are making to position Atlanta as an innovation hub and global city,” said Brian P. McGowan, president and CEO of Invest Atlanta. “Jobs such as the ones Athenahealth will bring to Atlanta enable the city to provide great opportunities for our highly skilled and competitive work force.”
Invest Atlanta will make a grant to Athenahealth from city’s Economic Opportunity Fund. The grant is subject to approval by Atlanta City Council. The state of Georgia also will provide an economic incentive.