To reach its awards conclusions, KLAS surveys hospital and clinic
executives, administrators, physicians, nurses, and other directors and
managers with business responsibilities regarding their experience with
health information technology. KLAS routinely surveys approximately
5,000 hospitals and nearly 3,000 ambulatory organizations annually.
“While our web-based revenue cycle management service is designed for
medical groups of any size, we are especially pleased to see athenaCollectorSM continue its market leadership position in the small physician practice
market given our new virtual implementation, training, and support
model that is specifically designed to meet the needs of small
practices,” said Rob Cosinuke, athenahealth’s Chief Marketing Officer.
As part of its athenaCollector service, athenahealth has built a
patented knowledge-base of payer reimbursement process rules, athenaNet rules engine,
which is designed to enforce medical provider office workflow
requirements and is updated continuously by athenahealth staff.
athenahealth’s rules engine acts as a proactive utility that guides
clinic staff away from making billing mistakes that impact operational
performance and the overall patient experience.
In November 2009, the U.S. Patent and Trademark Office issued
athenahealth a patent entitled, ‘Practice Management and Billing
Automation System’ for its athenaNet rules engine. The patent addresses
athenahealth’s technology for managing a medical practice’s insurance
claims by storing and modifying claim rules based on ongoing
interactions with claim messages received from payers on submitted
claims, enabling the system to automatically produce cleaner and more
accurate claims.
About KLAS
KLAS is a research firm specializing in monitoring and reporting the
performance of healthcare vendors. KLAS's mission is to improve
delivery, by independently measuring vendor performance for the benefit
of our healthcare provider partners, consultants, investors, and
vendors. Working together with executives from over 4,500 hospitals and
over 2,500 clinics, KLAS delivers timely reports, trends, and
statistics, which provide a solid overview of vendor performance in the
industry. KLAS measures performance of software, professional services,
and medical equipment vendors. For more information, go to www.KLASresearch.com, email marketing@KLASresearch.com, or call 1-800-920-4109 to speak with a KLAS representative.
About athenahealth
athenahealth, Inc. is a leading provider of Internet-based business
services for physician practices. athenahealth's service offerings are
based on proprietary web-native practice management and electronic
health record (EHR) software, a continuously updated payer
knowledge-base, integrated back-office service operations, and
automated and live patient communication services. For more information
visit www.athenahealth.com or call (888) 652-8200.
This press release contains forward-looking statements, which are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, including statements regarding the
anticipated benefits of athenahealth's service offerings. These
statements are neither promises nor guarantees, and are subject to a
variety of risks and uncertainties, many of which are beyond our
control, which could cause actual results to differ materially from
those contemplated in these forward-looking statements. In particular,
the risks and uncertainties include, among other things: the risk that
our service offerings will not operate in the manner that we expect due
to design flaws, security breaches, or otherwise; potential
interruptions or delays in our internet-based services offerings; our
reliance upon third parties, such as computer hardware, software,
data-hosting, and internet infrastructure providers, which reliance may
result in failures or disruptions in our service offerings; errors or
omissions included in our payer and clinical intelligence rules engine
and database; and the evolving and complex government regulatory
compliance environment in which we and our clients operate. Existing
and prospective investors are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date
hereof. athenahealth, Inc. undertakes no obligation to update or revise
the information contained in this press release, whether as a result of
new information, future events, or circumstances or otherwise. For
additional disclosure regarding these and other risks faced by
athenahealth, Inc., see the disclosure contained in our public filings
with the Securities and Exchange Commission, available on the Investors
section of our website at http://www.athenahealth.com and on the SEC's website at http://www.sec.gov.
Media
athenahealth, Inc.
John Hallock, 617-402-1428
Director, Corporate Communications
media@athenahealth.com
or
Investors
athenahealth, Inc.
Jennifer Heizer, 617-402-1322
Senior Manager, Investor Relations
investorrelations@athenahealth.com