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  "documentTitle": "athenahealth, Inc. (ATHN)",
  "authorId": "02_Elliott_Management",
  "authorName": "Jesse Cohn",
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  "presentationDate": "2018-05-07 00:00:00",
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      "text": "This stock-price underperformance is a direct result of athenahealth's inability to execute across a range of strategic and operational issues.",
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      "text": "Executive turnover: athenahealth's leadership team has lacked stability... Operating Effectiveness: athenahealth has long been unable to drive any operating leverage.",
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      "text": "Total Shareholder Return: (82%)",
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      "text": "The above table represents athenahealth's relative performance through today. Note that this table includes the meaningful outperformance that athenahealth enjoyed in response to the disclosure of Elliott's investment.",
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      "text": "Source: Bloomberg as of May 4, 2018. (1) Reflects average of AKAM, MDRX, ANSS, CVLT, COTV, FTNT, HMSY, HUBS, LOGM, MDSO, NOW, ULTI, TRIP, VRNT, W, WDAY. (2) Reflects average of CERN, CPSI, MDRX, MCK, QSII, UNH (Optum), WKL (UpToDate).",
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      "text": "TSR performance table for YTD, 1, 2, 3, 4, 5 years against NASDAQ, S&P500, Proxy Peers, and 10-K Peers.",
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      "text": "Relative Total Shareholder Return",
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      "kind": "title",
      "text": "Inability to execute",
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