athenahealth Introduces athenaClaritySM

Cloud-based Service Converts Revenue Cycle, Clinical, and Paid-Claims Data into Actionable Insight to Manage Caregiver Networks and Patient Populations for Success Under Any Payment Scenario

WATERTOWN, Mass. (February 28, 2013) – athenahealth, Inc. (NASDAQ: ATHN), a leading provider of cloud-based services for electronic health record (EHR), practice management and care coordination today announced athenaClaritySM, a new cloud-based analytics service for medical groups and health systems to improve visibility into and management over the complex data that exists across caregiver networks and patient populations. Unlike traditional business intelligence tools or health information exchange (HIE) capabilities, athenaClarity:

  • Harmonizes data across disparate practice management, clinical, and claims systems;
  • Provides a single, cloud-based platform to develop insight from that data; and
  • Guides action at the point of care that aligns with revenue goals and care outcomes.

With athenaClarity, providers, medical groups, and health systems can be prepared to thrive under any reimbursement scenario, ranging from traditional fee-for-service (FFS) to shared savings and global-risk models. athenaClarity helps to guide providers’ performance by benchmarking their productivity under a FFS contract or by measuring adherence to network-wide cost and quality measures for a shared savings contract. Regardless of clinical or practice management system vendor, athenaClarity provides a clear view on the performance of financial operations under different payment scenarios.

“Our mission is to be medical caregivers’ most trusted service, helping them do well doing the right thing. As part of this, we work continually to identify ways to free up providers’ time so they can focus on patients, perform at the top of their license and leave the administrative and ‘busy work’ to us,” said Jonathan Bush, CEO and Chairman, athenahealth. “athenaClarity is a natural extension to the services we deliver; it helps providers thrive under new models of revenue by making data across networks of caregivers, populations of patients, and disparate systems accessible and actionable. As part of athenaClarity, we provide more than a dashboard, we partner with our clients to track and identify key metrics that will help them achieve clinical and operational insight that hasn’t been possible to date.”

In support of population health management workflows, athenaClarity converts claim and clinical data from across a care network into a single consolidated view, making it easy to understand network performance down to the patient and provider level. This helps with: quality measurement; population health outreach; utilization; tracking care trends over time and against budget; and provider-administrator alignment. And, with a consolidated view on practice management data, it becomes simple to understand activity related to collections, referrals, denials, days in account receivables (DAR) to maximize performance on the FFS contracts.

“At the New England Quality Care Alliance (NEQCA), we have found the ability to harmonize data across otherwise disparate systems is invaluable; with athenaClarity, doors will open in countless ways for improved clinical and financial performance,” said Betsey Eltonhead, Chief Operating Officer of NEQCA. “Through more-informed, data-driven decisions, physician practices and hospitals are better positioned to thrive in a marketplace that is increasingly requiring greater transparency of performance and alignment of risks and incentives.”

“Across care environments providers are being challenged to transition from the fee-for-service status quo to a variety of shared-savings and risk-based models,” said Todd Rothenhaus, Chief Medical Officer, athenahealth. “This shift in mindset requires health care leaders to re-focus on network strategies that address the entire continuum of care, including productivity, overall utilization, population-based quality, and care management. athenaClarity is designed to integrate with and work seamlessly alongside existing EHR and practice management systems and is equally deployable in offices without EHRs, making clinical integration across care networks possible without forcing providers into a single EHR biosphere.”

athenaClarity was created by combining resources and expertise from across athenahealth and from Anodyne Health and HDS, two acquisitions athenahealth made to accelerate its delivery of comprehensive data analysis and workflow tools. For more information on athenaClarity, please visit: http://www.athenahealth.com/clarity

About athenahealth

athenahealth, Inc. is a leading provider of cloud-based Best in KLAS electronic health record (EHR), practice management, and care coordination services to medical groups and health systems. athenahealth’s mission is to be the most trusted service to medical care givers, helping them do well by doing the right thing. For more information, please visit www.athenahealth.com or call 888-652-8200.

Source: athenahealth