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athenahealth's Population Health Service Selected by SMG

athenahealth, Inc.ATHN recently announced that its cloud-based population health service - athenaCommunicator Enterprise - has been selected by Summit Medical Group ("SMG") to improve care coordination and population health management. Management Service Organization - Summit Strategic Solutions ("SSS") - will supply athenahealth's services.

As per the newly inked deal, SMG and SSS will join forces to integrate athenaCommunicator Enterprise's patient engagement, analytic, and care management solutions within SMG's quality-based workflow.

With the help of athenaCommunicator Enterprise, SSS will look to improve the care provided to SMG patients. The population health service is also expected to help SMG retain its national quality scores and established record in risk management.

We feel the partnership stands in good stead for athenahealth as it will increase the visibility of the company's services and thereby help achieve greater market traction. This should eventually translate into top-line growth.

athenahealth thrives on customer wins and strategic partnerships. The company's cloud-based solutions have been chosen by a number of healthcare providers, of late.

In Jul 2015, athenahealth's cloud-based services were picked by NewYork-Presbyterian to expand and develop technology infrastructure for physician practices. The partnership is expected to improve athenahealth's market penetration.

In June, athenahealth's patient access services were selected by the University of Alabama at Birmingham, which houses the UAB Health System, to enhance care coordination in the ambulatory care space. Per the agreement, UAB Medicine will deploy athenaCoordinator Enterprise patient access services to care transitions and patient referrals at the Kirklin Clinic of UAB Hospital in Birmingham, AL.

We believe that these alliances will boost athenahealth's physician base in 2015 and beyond.

Zacks Rank & Key Picks

Currently, athenahealth carries a Zacks Rank #3 (Hold). Better-ranked stocks in the medical sector are Masimo MASI , Thoratec THOR and NuVasive NUVA with a Zacks Rank #1 (Strong Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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