athenahealth’s More Disruption Please (MDP) Program Launches ‘MDP Labs’ to Accelerate Health Innovation & Entrepreneurs onto National Cloud Platform

WATERTOWN, Mass., May 18, 2017 -- athenahealth, Inc. (NASDAQ:ATHN), a leading provider of network-enabled services for hospital and ambulatory clients nationwide, today announced the launch of MDP Labs, a new innovation program hosted in the company’s San Francisco office, and invites all entrepreneurs with novel technologies that can help fix what is broken in healthcare to apply.

“In 2011, we launched the athenahealth Marketplace wherein we opened a door for entrepreneurs to deliver new innovations to thousands of providers via our national cloud platform,” said Jonathan Bush, chief executive officer at athenahealth. “We are now supersizing our efforts—committing to fill 200 seats of our San Francisco office with the next generation of doers and big thinkers —and ushering in the next stage of the healthcare internet. By consolidating fresh talent, we can help fast track innovative solutions to market, making healthcare IT much more relevant, valuable, and ‘shop-able’ for providers and their patients.”

MDP Labs is open to all healthcare and technology entrepreneurs, from seed-stage startups to mature companies. Companies will be evaluated based on their team, business model, stage of development, demonstrated traction, and strategic fit with athenahealth’s service portfolio and business model. Unlike many accelerator and incubator programs, MDP Labs will not take equity in participating companies.

MDP Labs participants will have access to:

• Workspace and Community – Office space in athenahealth’s downtown San Francisco (SoMA) location with a welcoming community of like-minded entrepreneurs.
   
• Tailored Programming – Internal R&D and business experts to help design a program catered to your company’s needs.
   
• Mentorship – Ongoing, dedicated mentorship and feedback from athenahealth’s product teams, senior leadership, super users, and curated network of advisors.
   
• Partnerships and Funding Opportunities – Opportunities to fast track an athenahealth partnership or investment.
   
• Exposure to Clients – Broad exposure to the athenahealth provider network and beta programs.

Join athenahealth and Elevar at the San Francisco athenahealth office on June 13, 2017, for Reverse Pitch Day®, where athenahealth CEO Jonathan Bush will call on the startup community to solve some of healthcare’s most pressing pain points.

"Elevar is proud to support athenahealth’s vision to build a game-changing digital health ecosystem nationwide," said Chris Edell, chief executive officer of Elevar. "Entrepreneurs interested in making a positive impact in the lives of patients and physicians are encouraged to apply."

To learn more about MDP Labs, Reverse Pitch Day or to submit an application, please visit:  https://www.athenahealth.com/more-disruption-please/labs. Applications for MDP Labs close July 7.

About ‘More Disruption Please’
The athenahealth More Disruption Please (MDP) partnership and innovation program brings together entrepreneurs, investors, clinicians and industry experts who share the company’s vision of disrupting the status quo in healthcare. Through collaboration and seamless integration on athenahealth’s open cloud platform, MDP provides easy access to the world’s most innovative thinking, offering solutions to help healthcare professionals thrive in the face of industry change and pressure. For more information, please visit: https://www.athenahealth.com/more-disruption-please/more-disruption.

About athenahealth, Inc.
athenahealth partners with hospital and ambulatory clients to drive clinical and financial results. We offer medical record, revenue cycle, patient engagement, care coordination, and population health services. We combine insights from our network of 99,000 providers and 88 million patients with deep industry knowledge and perform administrative work at scale. For more information, please visit www.athenahealth.com.

About Elevar
Elevar was founded on the belief that long-standing healthcare challenges can be solved in new and unique ways by entrepreneurs, with the guidance of industry experts. Our mission is to bring visionaries front-and-center to these challenges to improve the collective healthcare experience. We want to see the most innovative minds build projects that matter. Our unique Elevar Labs® builds partnerships between enterprise and top startups, creating solutions aligned to specific industry needs. As pioneer of Reverse Pitch Day® (RPD), Elevar flips the script by having healthcare executives pitch their problems to the startup community. Rather than spending precious time, money and resources building a product that there may, or may not be a market for helping startups to validate business models and enterprise to identify potential solutions (early on). At Elevar, we connect today’s leading enterprises to tomorrow’s innovations.

Press Contacts:

Holly Spring
athenahealth, Inc. (Media)
617-402-1631
[email protected]

Dana Quattrochi
athenahealth, Inc. (Investors)
617-402-1329
[email protected]