athenahealth Names Prakash Khot as Chief Technology Officer

WATERTOWN, Mass., Feb. 01, 2016 -- athenahealth, Inc. (NASDAQ:ATHN), a leading provider of cloud-based services and mobile applications for medical groups and health systems, today announced the appointment of Prakash Khot as Chief Technology Officer (CTO), effective January 25, 2016. He will report directly to Jonathan Bush, athenahealth’s CEO.

Mr. Khot will be responsible for leading all aspects of athenahealth’s technology vision and development. As CTO, his primary focus will be advancing the overall direction and development of athenahealth’s core technology platform, athenaNet. Software development, user experience design, technology infrastructure, and data analytics will all fall under Mr. Khot’s purview.

“Sustaining athenaNet as an open platform is critical for enabling innovation in the health care cloud,” said Jonathan Bush, CEO of athenahealth. “The importance of our technology platform cannot be overstated for our business and health IT as a whole, and Prakash’s combination of technology expertise, leadership experience, and an entrepreneurial approach are exactly what we need to execute the roadmap that will make this possible.”

“This strategic hire also represents our commitment to continuously enhancing leadership talent by drawing from internal and external sources, which we believe is very important for our long-term growth. I am confident that Prakash will be a force from whom we can learn and be inspired. Importantly, the addition of Prakash permits other members of our senior leadership team to focus on expanding their responsibilities and positions us for our ultimate goal of becoming the backbone of the healthcare Internet.”

The addition of Mr. Khot will allow Chief Operating Officer Ed Park, who was athenahealth’s CTO from 2007 to 2010, to re-focus his energy on delivering and improving athenaNet’s existing services. Chief Product Officer Kyle Armbrester will remain focused on identifying and developing new services and products.

“I am extremely pleased to have the opportunity to lead the development of a transformative cloud platform leading the health care IT revolution,” said Mr. Khot. “In my career, I’ve had the pleasure of working with many impressive technology visionaries, but the uniquely dynamic and mission-driven team at athenahealth is one I’m very excited to join.”

As a senior technology executive and serial entrepreneur, Mr. Khot brings 24 years of technology industry experience and success to athenahealth, including delivering cloud-based big data, analytics, collaboration and IT management solutions. Prior to joining athenahealth, he served as the Chief Technology and Product Officer of Kaseya, Inc. where he was the chief technology and product officer and was responsible for the delivery of Kaseya’s cloud-based IT Management platform. Additionally, Mr. Khot previously served as the Senior Vice President of Engineering at salesforce.com where his role included management of the company’s big data and analytics platform and real-time collaboration efforts. Earlier, he was the founding CTO of Dimdim and Automated Industrial Machinery, Inc., which were acquired by salesforce.com and Computer Associates, Inc., respectively.

About athenahealth, Inc.
athenahealth is a leading provider of cloud-based services for electronic health records (EHR), revenue cycle management and  medical billing, patient engagement, care coordination, and population health management, as well as Epocrates and other point-of-care mobile apps. We connect care and drive meaningful, measurable results for more than 72,000 healthcare providers in medical practices and health systems nationwide. For more information, please visit www.athenahealth.com.

Forward-Looking Statements
This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. 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. 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 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, please see the disclosure contained in our public filings with the Securities and Exchange Commission (SEC), available on the Investors section of our website at http://www.athenahealth.com and on the SEC's website at www.sec.gov.

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

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