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Athenahealth Acquires Epocrates Mobile Provider

Cloud-based electronic health record and practice management company athenahealth has acquired Epocrates, a mobile health provider.

athenahealth paid $293 million in cash, or $11.75 per share, for Epocrates, according to the release.

The acquisition will help athenahealth expand its network of providers by more than 330,000 and provide more comprehensive billing and practice assistance. The deal is expected to close in the second quarter of 2013, according to the release.

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