Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Former GE CEO Jeff Immelt will lead Athenahealth's board. Photo: Chip Somodevilla / Getty Images
Jeff Immelt, the former CEO of General Electric, has been named the board chairman of health care IT company Athenahealth. He'll be paid about $400,000 a year to hold the position.
The bottom line: Immelt, who was considered a CEO candidate at Uber, takes the chair role from Jonathan Bush, the outspoken CEO and co-founder of Athenahealth and cousin of George W. and Jeb Bush. Athenahealth, which sold $1.2 billion worth of electronic health records and billing software to doctors and small hospitals last year, has been under pressure from Paul Singer's hedge fund to improve profits and cut costs.