|Video Release -- athenahealth and Beth Israel Deaconess Medical Center Announce Collaboration on Cloud-Based Electronic Health Record|
athenahealth Purchases BIDMC's Clinical Applications and EHR System
"The culture of Beth Israel Deaconess has always been to challenge the status quo, to be a first mover focused on value – the highest quality at the lowest cost," said
athenahealth's access to the webOMR technology will accelerate athenahealth's ability to support the full spectrum of the hospital and health system market, an effort begun earlier this year when athenahealth announced its acquisition of RazorInsights and entered the 50-bed-and-under inpatient care space.
Developed over the past three decades, webOMR is recognized as one of the first hospital-built, inpatient and outpatient EHR systems, as well as the first self-built EHR system to achieve Meaningful Use Certification by the federal government. By leveraging webOMR's proven technology to gain insight into the complex modalities, rules, clinical content, algorithms, and workflows associated with a large, multi-site health system, athenahealth will speed its entry into the 100-bed-and-over hospital market, which accounts for approximately 48 percent of all hospitals in
"There's nothing more exciting than the union of clinical passion and expertise with that of innovation.
BIDMC is in the community with Beth Israel Deaconess Hospital-Milton, Beth Israel Deaconess Hospital-Needham, Beth Israel Deaconess Hospital-Plymouth,
About athenahealth, Inc.
athenahealth is a leading provider of cloud-based services for electronic health records (EHR), revenue cycle management and medical billing, patient engagement, care coordination, and population health management, as well as Epocrates and other point-of-care mobile apps. We connect care and drive meaningful, measurable results for more than 59,000 health care providers in medical practices and health systems nationwide. For more information, please visit www.athenahealth.com.
This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the anticipated benefits of access to the webOMR technology to accelerate our entry into the hospital and health system market, our progress towards connecting care, and statements regarding the health care industry and our positioning to lead such changes. The forward-looking statements in this release do not constitute guarantees of future performance. 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: our fluctuating operating results; our variable sales and implementation cycles, which may result in fluctuations in our quarterly results; risks associated with the acquisition and integration of companies and new technologies to achieve expected synergies, including those related to our ability to successfully use the webOMR technology to accelerate the development of our service offerings and integrate RazorInsights' service offerings and realize the expected benefits; risks associated with our expectations regarding our ability to maintain profitability; the impact of increased sales and marketing expenditures, including whether increased expansion in revenues is attained and impacts on margins and profitability; changes in tax rates or exposure to additional tax liabilities; the highly competitive industry in which we operate and the relative immaturity of the market for our service offerings; and the evolving and complex governmental and regulatory compliance environment in which we and our clients operate. Forward-looking statements may often be identified with words such as "we expect," "we anticipate," "upcoming," "aim," or similar indications of future expectations. 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. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake 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 us, please see the disclosures contained in our public filings with the