By leveraging athenahealth's athenaCollector service, which unlike traditional software-only models does not require cumbersome start-up costs for software licensing or hardware investments, LMA doctors will now have the opportunity to efficiently assess, plan, and improve practice performance as well as increase their revenues.
"Of all the practice management tools and services we considered, we felt none could achieve athenahealth's ability to provide real-time updates, via the Internet, about payers, procedures, diagnoses and more, a level of insight that will immensely impact our business in a positive way," said Reginald J. Blaber, M.D., F.A.C.C., President of LMA. "We feel the capability of athenahealth's revenue cycle management service to bring together thousands of doctors to create a network that harnesses the power of their collective practice management knowledge and makes updates to billing and payment requirements will help our association and our physicians grow by reducing administrative headaches, ultimately freeing up time to allow us to provide better care to our patients."
"The healthcare billing system in our country is a daunting maze of rules, codes, and regulations, all of which are continually changing and are nearly impossible for healthcare providers to navigate painlessly," said Jonathan Bush, Chairman and CEO of athenahealth. "With athenaCollector, however, we have proven that our web-based service model can help alleviate the burden of dealing with administrative red-tape since it has the ability to get smarter and more knowledgeable each time one of the thousands of doctors in our network submits a claim and then shares that knowledge in real-time with every other provider across the country. The success of our network effect allows us to continue to demonstrate our role as doctors' most trusted business partner to practices and hospitals across the country looking for ways to improve their organization and quality of care."
About Lourdes Medical Associates
Lourdes Medical Associates is a professional association of primary care and specialty physicians integrated into a healthcare network of hospital and outpatient services dedicated to serving patients seeking high quality, compassionate, and affordable care. The group seeks to develop a highly integrated network of physicians and healthcare facilities that will provide high quality, readily available, and affordable health care to patients across a broad geographic service area.
About athenahealth
athenahealth, Inc. is a leading provider of Internet-based business services for physician practices. athenahealth's service offerings are based on proprietary web-native practice management and electronic health record (EHR) software, a continuously updated payer knowledge-base, integrated back-office service operations, and automated and live patient communication services.
