ATHENAHEALTH CO-FOUNDER APPOINTED CHIEF TECHNOLOGY OFFICER FOR U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES
As a Requirement of Government Service, Todd Park to Resign from athenahealth’s Board of Directors
WATERTOWN, Mass (August 03, 2009) – athenahealth, Inc. (NASDAQ: ATHN), a leading provider of internet-based business services to physician practices, today announced that Todd Park, athenahealth co-founder and current Board Director, has been appointed Chief Technology Officer (CTO) for the U.S. Department of Health and Human Services (HHS). To meet requirements for government service, Park will resign from his position as a Board Director for athenahealth effective August 10, 2009, and will also be required to divest his stock position in athenahealth and certain other financial interests. Park co-founded athenahealth in 1997 with current Chairman and CEO Jonathan Bush.
In his role as HHS CTO, Park will report to Deputy Secretary of Health and Human Services William Corr. Park will be responsible for working with HHS leadership and agencies across the department on the innovative and creative use of information and technology to improve the health of Americans. Park will begin work in his new position later this month. As CTO, he will have recusal obligations from certain matters, including those involving athenahealth, stemming from his service in the private sector.
“My entire professional career has focused on developing technologies and services that can help our health care system work the way it should,” said Park. “I am extremely excited about the opportunity to help the Administration explore and catalyze new ways to improve the health status of the United States through the power of data, technology, and innovation.”
“Todd is a lifelong friend and has been instrumental in every facet of athenahealth’s development, most recently as a member of our Board,” said Jonathan Bush. “We are thrilled for him as he takes on this remarkable opportunity to help the country harness the power of disruptive innovation for the good of every American.”
Source: ATHENAHEALTH