athenahealth Launches Enhanced E-Prescribing Capability Across its National Physician Network to Drive Increased Revenue for Medical Groups
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Additional Surescripts certification and New athenaClinicalsSM Services Enable Physicians to More Easily Participate in HITECH Act and Medicare e-Prescribing Incentive Program CHICAGO--(Business Wire)-- athenahealth, Inc. (NASDAQ: ATHN), a leading provider of internet-based business services to physician practices, today announced at the Annual Healthcare Information and Management Systems Society (HIMSS) Conference in Chicago, that the electronic prescribing, or "e-prescribing," service component of athenahealth`s centrally-hosted electronic health record (EHR), athenaClinicalsSM, has received additional Surescripts® certification for Prescription Benefit and Prescription History information (from payers) and Prescription Routing of new prescriptions to mail order pharmacies. Surescripts operates the country's largest national electronic prescribing network. The recently passed HITECH Act will require "meaningful use" of an EHR including more robust e-prescribing and electronic data exchange. More of Surescripts network functionality is now seamlessly tied to athenaClinicals existing e-prescribing features allowing for exchange of prescription benefit, and prescription history at the point of care and an expanded choice of pharmacies for prescription routing in addition to athenaClinicals` ability to route new prescriptions and manage prescription renewals with retail pharmacies. athenahealth`s enhanced e-prescribing capability is now fully-integrated across its entire national physician network, athenaNet, allowing athenaClinicals users to more easily participate in Medicare`s current e-prescribing incentive program. Launched in 2009, physicians receive increased reimbursement for using a certified e-prescribing system to report specific use of e-prescribing technology. "With all of our clients sharing the same centrally-hosted practice management and EHR platform, we feel our enhanced e-prescribing capability will allow our athenaClinicals clients to more easily access a patient`s prescription history, and their prescription benefit, allowing them to prescribe medications that are on formulary, thereby reducing the cost to the patient and number of authorizations the medical provider has to sign for off formulary," said Susan Harmon, Director of Clinical Product Management for athenahealth. "Aside from improving patient care and office workflow, these new e-prescribing capabilities will also drive additional revenue opportunities for our clients with the current Medicare e-prescribing incentive programs and ensuing HITECH Act." As part of its Surescripts certification, athenaClinicals users will experience a reduction in the work associated with traditional e-prescribing systems due to new advanced reporting services specifically designed to allow for easier clinical reporting associated with Medicare`s incentive program as well as other state and commercial payer e-prescribing initiatives. athenahealth`s athenaClinicals Document Services Team expects to process fewer prescription authorization documents because of alternative medication choices, or authorizations completed at the point of care. Even if an authorization is generated by the pharmacy, athenahealth`s document service capability makes the approval workflow seamless by queuing up the document to the provider for fast and easy sign off. For additional information on specifics around the HITECH Act and athenahealth`s EHR and e-prescribing service offering please visit: www.athenahealth.com/HITECHAct About Surescripts Surescripts is the result of a 2008 merger between the country`s two leading health information networks: RxHub and SureScripts. Surescripts gives healthcare providers secure, electronic access to prescription information that can save their patients` lives, improve efficiency and reduce the cost of healthcare for all. Available during emergencies or routine care, the Surescripts network is used every day by thousands of physicians, physician assistants, nurse practitioners and other prescribers across all 50 states. The Surescripts network connects these prescribers to all of the nation`s major chain pharmacies, the nation`s leading payers and independent pharmacies nationwide. For more information, go to www.surescripts.com. About athenahealth athenahealth is a leading provider of internet-based business services for physician practices. The Company`s service offerings are based on proprietary web-native practice management electronic health record (EHR) software, a continuously updated payer knowledge-base and integrated back-office service operations. 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. Surescripts Rob Cronin, 917-414-5289 rob.cronin@surescripts.com or athenahealth, Inc. John Hallock (Media), 617-504-0958 Director, Corporate Communications media@athenahealth.com or athenahealth, Inc. Jennifer Heizer (Investors), 617-402-1322 Senior Manager, Investor Relations investorrelations@athenahealth.com Copyright Business Wire 2009
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