Wayne State University Physician Group Selects Athenahealth's Centrally-Hosted Practice Management Services
Posted on: Thursday, 5 June 2008, 09:01 CDT
athenahealth, Inc. (Nasdaq: ATHN), a leading provider of Internet-based business services to physician practices, today announced that Wayne State University's Physician Group (WSUPG) has selected athenahealth's centrally-hosted, on-demand practice management and billing service, athenaCollector(SM). WSUPG has a network of over 400 medical providers. WSUPG physicians deliver care in some of the area's most respected medical institutions, including the Barbara Ann Karmanos Cancer Institute, the Kresge Eye Institute, and the hospital and clinical systems associated with the Detroit Medical Center, Oakwood Healthcare System, and Crittenton Hospital Medical Center.
"athenahealth's centrally-hosted platform will allow WSUPG and their physician members to experience a 'network effect' in which shared knowledge from across athenahealth's entire national client base can enable them to improve their operational efficiency and outcomes through greater transparency into their practices' financial and overall physician performance," said Jonathan Bush, Chairman and CEO of athenahealth.
As part of athenahealth's software-enabled service (SeS), athenaCollector, athenahealth has built in a proprietary knowledge-base of payer reimbursement process rules, athenaRules(SM), which is designed to enforce medical provider office workflow requirements, and is continually updated with payer-specific coding and documentation information by athenahealth staff. athenaRules acts as a proactive utility that guides clinic staff away from making billing mistakes that impact operational performance and the overall patient experience.
About Wayne State University's Physician Group
As academic physicians, the Wayne State University Physician Group's members provide world-class medical care while conducting groundbreaking research and teaching the next generation of first-rate doctors. Their research and education mission keeps them current on the latest in health care and enhances the quality of care they provide during the nearly one million patient visits they conduct annually.
Members of the Wayne State University Physician Group are known for their innovation and abilities in treating some of the toughest medical cases in the area. WSU physicians were among the first to perform fetal surgeries, an extraordinarily delicate and complex procedure that requires the utmost precision. They remain leaders in this area, as well as other areas of women's and children's health, cancer and the neurosciences. Many of WSUPG's patients travel from around the world to our clinics in Detroit to participate in unique clinical trials and other complex medical procedures, such as genetic testing and leading-edge cancer therapies, as well as treatment for other non-routine medical conditions including multiple sclerosis, pediatric epilepsy, hemophilia and trauma.
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 and electronic medical record (EMR) 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 Private Securities Litigation Reform Act of 1995, including statements regarding the benefits of the Company'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 services 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.
Source: Business Wire
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