WATERTOWN, Mass., Jan. 21, 2014 (GLOBE NEWSWIRE) -- athenahealth, Inc. (Nasdaq:ATHN), a leading provider of cloud-based services for electronic health record (EHR), practice management, and care coordination, today announced that Medical Professional Services, Inc. (MPS) will use athenahealth's cloud-based Population Health Management offering to improve care quality and coordination across MPS' growing network of providers and patients, in both fee-for-service and risk-based payment scenarios.
MPS, founded in 1986, is one of Connecticut's largest multi-specialty Independent Physician Associations (IPA), with over 450 physician and mid-level providers, including primary care physicians, medical and surgical specialists, and hospital-based physicians. By partnering with athenahealth, MPS will gain needed access to important clinical and financial information that has historically lived in disparate health information systems. This information will enable MPS to better understand patient activity and proactively coordinate care across its network. MPS will also gain the unique ability to harmonize clinical, financial, and operational data, which will empower the MPS physician leadership and care coordination teams to guide actions that directly align with revenue and quality goals.
Drew Edwards, M.D., Chief Medical Officer, MPS, said, "Working with athenahealth will enable us to develop the information and analytics we need to help MPS physicians deliver the best, most appropriate patient care in the most cost effective way. The insight and capabilities we will derive from this partnership will also directly support our ACO efforts as part of the Medicare Shared Savings program, as well as help to advance our work with multiple commercial insurers surrounding population health management through shared savings contracts."
MPS' subsidiary, MPS ACO Physicians LLC, was selected as an Accountable Care Organization (ACO) to participate in the Medicare Shared Savings Program effective July 2012. Further expanding its work with value-based reimbursement models, MPS is also developing shared-savings health contracts with large insurers, including Anthem, Aetna, Cigna, and others, that will cover tens of thousands of patients across Connecticut.
Doug Arnold, Chief Executive Officer, MPS, said, "Transitioning to value-based reimbursement models is a complex process. To achieve such advanced care coordination, it was clear that we needed a population health management tool to integrate data across different systems successfully, as well as an expert partner on value-based contracts. With athenahealth's Population Health Management service, we will gain an understanding of where our care services are being delivered and insight into the health of large populations of MPS physicians' patients. This is an exciting time in health care delivery, where care teams, technology, and incentives align."
Todd Rothenhaus, M.D., Chief Medical Officer, athenahealth, said, "Health care is rapidly migrating toward new payment models—provider organizations everywhere are going with the option to take on responsibility for the total cost and quality of the population of patients under their care. With athenahealth, MPS can be proactive in accounting for each and every one of their patients, knowing where they go to receive care and any cost associated with that care. What's more, our Population Health Management service delivers the necessary insight, as part of the clinical workflow, to influence patient activity that most effectively meets clinical quality goals, reduces costs, and improves outcomes."
About athenahealth
athenahealth is a leading provider of cloud-based services for electronic health record (EHR), practice management, and care coordination. athenahealth's mission is to be caregivers' most trusted service, helping them do well doing the right thing. For more information, please visit www.athenahealth.com.
About Medical Professional Services, Inc.
Medical Professional Services, Inc. (MPS) is one of Connecticut's largest multi-specialty independent Physician Associations (IPA). MPS has over 450 physician and mid-level providers as members, including primary care, medical and surgical specialists, and hospital-based physicians who are dedicated to providing exceptional medical and surgical care to residents throughout Connecticut. To learn more, visit: http://www.mpsphysicians.com/.
CONTACT: athenahealth, Inc.
Holly Spring
athenahealth, Inc. (Media)
media@athenahealth.com
617-402-1631
Dana Quattrochi
athenahealth, Inc. (Investors)
investorrelations@athenahealth.com
617-402-1329
MPS, Inc.
Doug Arnold
Medical Professional Services, Inc. (Media)
darnold@mpsphysicians.com
860-358-6990
