Press Release - July 30, 2008 - Business Wire
RediClinic to Leverage athenahealth’s EMR and Practice Management Services for its National Retail Clinic Network
HOUSTON & WATERTOWN, Mass.--(BUSINESS WIRE)--athenahealth, Inc. (NASDAQ: ATHN), a leading provider of internet-based business services to physician practices, today announced that RediClinic LLC, a leading operator of retail healthcare facilities, has selected athenahealth’s on-demand business services. RediClinic will use athenaCollectorSM at each of its locations for revenue cycle management. A select number of RediClinics will also use athenahealth’s electronic medical record (EMR) service, athenaClinicalsSM.
“We feel athenahealth’s technology solutions are uniquely positioned to help us deliver the best patient experience possible,” said Web Golinkin, CEO of RediClinic. “athenahealth’s on-demand business services will allow RediClinic to optimize clinical and operational workflows across clinic locations, resulting in improved processing of patients in the clinic and a better connection with our managed care partners.”
“RediClinic locations will now benefit from the collective payer and clinical knowledge of the thousands of medical providers currently using athenahealth’s national network, while also gaining a powerful new operational and clinical service as part of their expanding clinic infrastructure,” said Jonathan Bush, Chairman and CEO of athenahealth. “It is exciting to see an organization like RediClinic recognize the value of services delivered over a centralized network like athenaNet in order to deliver an enhanced consumer experience along with achieving improved financial and clinical outcomes for their clinics.”
RediClinics are in-store healthcare facilities that offer consumers convenient access to high-quality health services at affordable prices. The clinics are staffed by certified nurse practitioners who work with local physicians to diagnose, treat and prescribe medications for common conditions, such as earaches, strep throat and upper respiratory infections. RediClinic clinicians also administer a wide range of preventive services, including health screenings, flu shots and other vaccinations, and back-to-school physical exams. RediClinic visits are covered by the four largest commercial health insurance carriers – Aetna, CIGNA, Humana and UnitedHealthcare – as well as by Medicare and a growing number of Blue Cross and Blue Shield plans.
RediClinic currently operates 20 locations in H-E-B stores in Houston and Austin, TX; 15 locations in Wal-Mart stores in Tulsa, OK, Fayetteville and Rogers, AK, Atlanta, GA, and Richmond, VA. Additional RediClinics are scheduled to open in 2008 and 2009.
About RediClinic LLC
Since 1989, RediClinic has provided people with easy access to high-quality, affordable healthcare in retail outlets and at employer worksites. Today the company is the nation’s largest independent operator of retail-based, ‘convenient care’ clinics. For more information, visit www.rediclinic.com.
About athenahealth
athenahealth is a leading provider of internet-based business services for physician practices. The Company’s service offerings are based on proprietary web-native practice management electronic medical record (EMR) software, a continuously updated payer knowledge-base and integrated back-office service operations. For more information visit www.athenahealth.com or call (888) 652-8200.
This press release contains forward-looking statements which are made pursuant to the safe harbor provisions of Private Securities Litigation Reform Act of 1995, including statements regarding the benefits of the Company’s service offerings. 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: the risk that our services offerings will not operate in the manner that we expect, due to design flaws, security breaches or otherwise; potential interruptions or delays in our internet-based services offerings; our reliance upon third parties, such as computer hardware, software, data-hosting and internet infrastructure providers, which reliance may result in failures or disruptions in our service offerings; errors or omissions included in our payer and clinical intelligence rules engine and database; and the evolving and complex government regulatory compliance environment in which we and our clients operate. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. athenahealth, Inc. undertakes 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 athenahealth, Inc., see the disclosure contained in our public filings with the Securities and Exchange Commission.
Contacts
For RediClinic
Fleishman-Hillard
Katie Brazel, 404-739-0150
katie.brazel@fleishman.com
or
athenahealth, Inc.
John Hallock (Media), 617-402-1428
Director, Corporate Communications
media@athenahealth.com
or
athenahealth, Inc.
Carl Byers (Investors), 617-402-1113
Chief Financial Officer
investorrelations@athenahealth.com
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