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Here's why athenahealth gained nearly $1B in market cap Thursday

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Share prices of athenahealth were up 23 percent by close of the market Thursday, after the company reaffirmed that it expected to be a $1 billion company by the end of 2016 and set the earnings bar high for earnings in 2017. The company (Nasdaq: ATHN) said at its annual Investor conference that it expected 2016 revenues to finally exceed $1 billion for the first time in its history — specifically between $1.08 billion and $1.11 billion by the end of 2016. That figure is up 19 percent over last…

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