WATERTOWN, Mass. and NEW PROVIDENCE, N.J., May 6, 2014 (GLOBE NEWSWIRE) -- athenahealth, Inc.(Nasdaq:ATHN), a leading provider of cloud-based services for electronic health record (EHR), practice management, and care coordination, and Summit Health Management ("Summit"), a provider of innovative management services for Summit Medical Group (SMG) and mid- to large-sized physician practices across the U.S., today announced that Summit will leverage athenahealth's EHR, patient portal, and population health services for use across its growing team of more than 350 health care practitioners.
Headquartered in Berkeley Heights, New Jersey, SMG is the largest and oldest physician-owned multispecialty practice in the state, serving more than 200,000 patients across more than 75 medical specialties and services. Since 2011, SMG has used athenaCollector®, athenahealth's cloud-based medical billing and practice management service, to improve revenue cycle management. The decision to add athenahealth's EHR, patient portal, and population health services will enable SMG to standardize its growing team of providers on a single instance, future-proof set of cloud-based services that can help advance care coordination and patient engagement, as well as support continued change and the growing list of regulatory mandates required across health care.
"athenahealth has earned its place as a proven, trusted health IT partner and cloud visionary; we are pleased to expand our work together," said Jeffrey LeBenger, M.D., chairman and CEO, Summit Health Management and Summit Medical Group. "Our team conducted a thorough industry evaluation to find the best set of software and services to support our rapid growth and population health initiatives. Ultimately, we determined that athenahealth's nimble, advanced set of cloud-based services will serve us best as we continue to open new satellite locations and shift to value-based care. Also, with athenahealth, we know that we will be able to stay ahead of regulatory change, and drive performance across the business, all while delivering the highest patient satisfaction, provider loyalty, and quality care possible."
"We have been very pleased with results we have achieved since making the move onto athenaCollector," said Robert Booth, CFO, Summit Health Management and Summit Medical Group. "The fiscal vitality of any organization is cash flow, and we have experienced acceleration in the revenue cycle's ability to convert claims into cash in the first two months following submission. athenahealth has tremendous credibility with Summit and SMG's leadership. The decision to add their broader suite of services, including population health, will enable us to work smarter and more efficiently across our business."
"Summit brings a novel approach to health care, and we are energized to be a part of their growth story," said Jonathan Bush, chairman and CEO, athenahealth. "As the industry moves from fee-for-service to value-based reimbursement, Summit is leveraging the power of athenahealth's cloud-based services to improve outcomes both for SMG as a business and as a provider of care. Putting our services to work, SMG will have a strong finger on the pulse of how their providers are performing and be able to maximize the impact of their already highly successful population health initiatives."
For more information on athenahealth's Best in KLAS suite of services, please visit www.athenahealth.com. For more information about Summit Health Management and Summit Medical Group, please visit summithealthmanagement.com and www.summitmedicalgroup.com.
About athenahealth, Inc.
athenahealth is a leading provider of cloud-based services for electronic health record (EHR), practice management, and care coordination. athenahealth's mission is to be caregivers' most trusted service, helping them do well doing the right thing. For more information, please visit www.athenahealth.com.
About Summit Health Management
Summit Health Management (SHM) provides innovative management services for Summit Medical Group and mid-to-large size physician practices. SHM's practice management services are focused in five discrete but inter-related categories essential to running a successful, enterprise-scale medical group. For more information, visit www.summithealthmanagement.com.
About Summit Medical Group
Summit Medical Group (SMG) is the largest privately held multispecialty medical practice in New Jersey. SMG maintains a 42-acre healthcare campus in Berkeley Heights and 37 additional practice locations in Essex, Hudson, Morris, Somerset, and Union counties. As an East Coast premier multispecialty group, SMG has provided exceptional primary and specialty care since 1929. For more, visit www.summitmedicalgroup.com.
CONTACT: Holly Spring athenahealth, Inc. (Media) firstname.lastname@example.org 617-402-1631 Dana Quattrochi athenahealth, Inc. (Investors) email@example.com 617-402-1329 Maureen Bennett Summit Health Management MBennett@smgnj.com 908-277-8834
Source: athenahealth, Inc.; Summit Health Management