ATHENAHEALTH COMPLETES ACQUISITION OF MEDICALMESSAGING.NET ASSETS

WATERTOWN, Mass. (September 08, 2008) – athenahealth, Inc. (NASDAQ: ATHN), a leading provider of internet-based business services for physician practices, today announced that on September 5th the Company completed its acquisition of the assets of Crest Line Technologies, LLC (d.b.a. MedicalMessaging.net). As originally announced on August 4th, consideration for the acquisition was $7.7 million in cash, a portion of which will be paid over time based on the achievement of certain milestones.

“We are extremely pleased to have completed the purchase of the MedicalMessaging.net business, since we have already begun to see the tremendous value that its patient communication services brings to our medical practice clients,” said Jonathan Bush, Chairman and CEO of athenahealth. “Having begun the process of integrating the MedicalMessaging.net services into the athenahealth network, we feel this combined service offering will allow us to deliver value to medical groups in ways that are currently unavailable in the market.”

Like athenahealth’s electronic medical record (EMR), practice management and billing services, the MedicalMessaging.net services are on-demand, are centrally-hosted and enable automated and live call or e-mail communication services between patients and physician practices. Running off a web-based patient portal platform, these services allow physician practices to better communicate with patients regarding appointment reminders, test results, drug recalls, collections, prescription refills and other compliance driven initiatives. Designed as a service rather than as software functionality, the MedicalMessaging.net services augment medical practices’ patient communications to improve practice revenue as well as patient care, satisfaction and compliance.

Source: ATHENAHEALTH