Athenahealth (ATHN) Offers FY18 Guidance

athenahealth, Inc. (NASDAQ: ATHN) (“athenahealth” or “we”), a leading provider of network-enabled services for hospital and ambulatory clients nationwide, will host its 2018 Investor Summit tomorrow, Thursday, February 15, 2018, at 8:30 a.m. Eastern Time. We will provide an overview of our strategies and growth initiatives and share our outlook for future financial and operational performance.

“We have made significant progress on our strategic initiatives to create a more focused and efficient company,” said Marc Levine, chief financial officer, athenahealth. “In the year ahead, we plan to build on this success as we work to create healthcare’s first true platform. At our upcoming Investor Summit, we look forward to sharing our product strategy roadmap and our plans to drive strong revenue and earnings growth in fiscal year 2018.”

Fiscal Year 2018 Guidance

athenahealth management expects to achieve the following results for fiscal year ending December 31, 2018. Our fiscal year 2018 guidance is prior to the impact of any new accounting standards, including ASC 606, to allow for comparability against historical results.

As part of our fiscal year 2018 performance, we expect to:

• Drive strong revenue growth in our core services and build on our progress in our network services;
• Balance service automation with investments in our client work reduction efforts;
• Invest in research and development to support our product, technology, and platform strategies;
• Improve efficiency and increase scale in all other areas of the business; and
• Increase operating margin and operating cash flow.

(Street sees FY revenue of $1.36 billion)

2018 Investor Summit Webcast Information

A live webcast of the Investor Summit can be accessed via the Investors section of our website at http://www.athenahealth.com. A replay of this webcast will be available on the website within 24 hours following the event and will remain available through February 14, 2019.

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