Athenahealth Inc. shares surged 4.2% in morning trade Tuesday after the company announced a slate of changes as part of a strategic review, including about $100 million in cost-saving opportunities. Athenahealth also plans to create a president role and separate the roles of chairman and CEO. The company said it would provide more information about cost-saving opportunities, including plans to “significantly” increase operating margins in 2018 and afterwards, by its third quarter earnings release, which is scheduled for October. Athenahealth shares have surged 37.3% year-to-date, compared with a 10.4% rise in the S&P 500 .
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