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Athenahealth may have tipped its hand to a future sale, based on a recent filing with the U.S. Securities and Exchange Commission.
On Friday, the EHR vendor disclosed that its board of directors approved a “change in control severance plan” this month for the company’s top executives, including CEO Jonathon Bush. According to the , company executives will be compensated if they're terminated from three months before to 12 months after a sale.
Bush, for example, would receive his normal payroll for 24 months along with his annual bonus, while several other executives would receive 12 months compensation. In 2016, Bush made $590,000 in base salary with an annual bonus of $690,000.
The disclosure comes a week after the company said it plans to trim...