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Athenahealth taps new COO, CTO, biz dev head

June 4, 2010 by MassDevice staff

Athenahealth Inc. names a new COO, CTO and business development head.

ATHN logo

Athenahealth Inc. (NSDQ:ATHN) made a series of internal promotions as its COO and one of its business development executives leave the company.

The Watertown, Mass.-based electronic medical records provider tapped chief technology officer Ed Park to replace outgoing COO David Robinson, who's resigning "in keeping with the anticipated length of service under his employment agreement," according to a press release. AthenaNet Intelligence senior vice president Jeremy Delinsky will succeed Park as CTO.

Athenahealth wins patent for practice management system

May 19, 2010 by MassDevice staff

The U.S. Patent & Trademark Office grants Athenahealth Inc. a patent for "Automated Configuration of Medical Practice Management Systems."

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Athenahealth Inc. (NSDQ:ATHN) acquired a patent for its web-based electronic medical record system.

The patent, for "Automated Configuration of Medical Practice Management Systems," represents a new system that will work with the web-based features in the Watertown, Mass.-based firm's pre-existing practice management software.

Blumenthal: Evidence of adverse events with EMRs "anecdotal and fragmented"

April 30, 2010 by MassDevice staff

The National Coordinator for Health Information Technology at the U.S. Dept. of Health and Human Services tells a Boston audience that the agency is still investigating reports of deaths associated with EMR failures.

EMR

President Barack Obama's top doctor in charge of implementing a nationwide push to adopt electronic medical records said reports of deaths from EMR malfunctions may be more sizzle than steak.

Dr. David Blumenthal, the National Coordinator for Health Information Technology at the U.S. Dept. of Health and Human Services, told a crowd in Boston April 29 that his agency has concluded a preliminary investigation into reports of some 260 HIT-related adverse events over two years, including 44 reported injuries and six deaths.

EMR adoption incentives start to kick in

April 27, 2010 by MedCity News

Federal and state incentives aimed at increasing the adoption of electronic medical records by doctors and hospitals are beginning to trickle in, with much more — $22 billion more — to follow.

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By Mary Vanac

Billions of federal stimulus dollars are beginning to flow to organizations that are getting hospitals and doctors’ offices ready to adopt electronic medical records.

Athenahealth's Q4, 2009 profits fall as it restates financials

March 16, 2010 by MassDevice staff

Athenahealth Inc. restates its financial results going back to 2005 as fourth-quarter and full-year 2009 profits slide.

ATHN logo

A change in the way it accounts for revenues forced Athenahealth Inc. (NSDQ:ATHN) to restate its financial results dating back to 2005, as it posted full-year and fourth-quarter declines in net income.

The Watertown, Mass.-based physician practice software provider posted net income of $4.3 million, or 12 cents per diluted share, during the three months ended Dec. 31, 2009, down 83.9 percent compared with $26.8 million (77 cents per share) during Q4 2008. Revenues for the quarter rose 33.4 percent to $54.4 million, compared with $40.8 million during the last three months of 2008.

Athenahealth partners with U.S. Bancorp on physician payment processing

March 2, 2010 by MassDevice staff

Watertown, Mass.-based electronic medical records maker Athenahealth Inc. says its new system will speed payments for physician practices using its billing and practice management software.

ATHN logo

Athenahealth Inc. (NSDQ:ATHN) entered into a strategic partnership with U.S. Bancorp (NYSE:USB) and its subsidiary, Elavon, to launch a payment processing service for physicians using Athenahealth's web-based billing and practice management software.

Watertown, Mass.-based Athenahealth said it will integrate U.S Bancorp's services into its athenaCollector and athenaNET software programs, which provide billing management assistance to physicians by flagging medical bill errors, up-to-date insurance rules and claims submissions.

Athenahealth partners with online doctor community to gauge sentiment on EMRs

March 1, 2010 by MassDevice staff

Electronic medical records provider Athenahealth Inc. forms a partnership with social media platform Sermo to increase use of EMRs and teases a study showing that 80 percent of docs feel that electronic medical records have improved patient care.

ATHN logo

Athenahealth Inc. (NSDQ:ATHN) formed a partnership with Sermo, an online physician's community to "help gauge and amplify" physician's opinions on electronic medical records.

The collaboration was announced to coincide with this week's HIMSS10 conference in Atlanta, where the companies also released a survey of some 1,000 physician members that shows while a majority of the docs think EMRs improve care, most find them costly and a bit clunky.

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