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Athenahealth CEO on 4Q Earnings, Outlook

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    Athenahealth CEO Jonathan Bush on the company’s outlook for growth.

  • Duration 4:13
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Well I think you know health pulling slightly enough -- trading following its fourth quarter earnings him with an exclusive -- in -- Is Jonathan bush she's at the that helped chairman CEO and president to do everything over -- -- -- -- event having.

-- everything it's heard though there's a -- The list of let's talk about these numbers you know that the stock -- -- moderating in the after hours session what do you think is in there that they weren't totally in love with -- what do you think they do really like.

Well.

I guess what I like is -- -- nothing worse than a plan that you hit all love.

Because you begin I'm no I'm Iraqi theater but -- like that nobody.

You wanna have everybody -- run like health and fall down and scrape their legs and a couple people bust through the ribbon and a couple people out way ahead.

And a couple people asking why.

And now we ended just like that we had a great year.

We set out to grow 30% we grew 30%.

We set out to grow big grow bookings.

35%.

We got 88% of that goal.

So pretty good year note no complaints -- not sure how many other.

Companies in our shoes are growing organically 30% well but I'll -- and you know they were looking for another 100% of the bookings -- only got 88% of the I don't have -- You should know better you know that's what have you done for me lately -- of them but at the white house on the revenue -- -- what could what can you do to avoid that the current quarter what what is happening in the current quarter where you're excited you feel that.

We might see some better numbers here.

Well we at the company party last night most importantly of course I didn't -- yeah because the revenue -- a lot.

-- feel like our our you know the business conditions are ripe for us and that we have a cause that's worth doing we know why we go to work.

As well as what we do and how we do it.

And that nation is not connected clinically at all.

So there's only 4% of doctors on at the Internet the idea that we should stop shooting for 30% growth because -- only got 88% of the -- one year.

Is is ridiculous to me and and I'm glad to say that all 2400 people and six offices at the party last night.

Following only agreed and they hadn't even had that many cocktails and that hasn't -- up.

You know this year is starting well energy is high we're gonna keep trying to grow this -- 30% a year and tell the nation is connected and -- even close yet.

Jonathan your energy is high there's no doubt about that listen you know the cloud based service.

Does the new healthcare little impact -- -- dole either positively or negatively.

Yeah -- Texas positively or negatively amazingly.

You know that there's kind of one rule maker crowding out all the other rule makers in the form of Uncle Sam.

But -- and that means there's less creativity and less dynamism.

But it does mean there's an easy benchmark to compare yourself against.

And some meaningful use is the order of the day and did you -- federal meaningful use status and here we are in year two of this federal program.

And now we've gotten over 1985%.

Of our clients on Athena chronicles.

Medical record service.

At attainment of meaningful -- and the nation is well below fifty and so it's a differentiator we wish there were more -- different efforts at improving quality.

They just in Washington but anyway it's a good way to show that we're different.

Okay we've got about twenty seconds left and I would just simply say that that the EU there's so much opportunity here but only 4% of doctors are you -- the sort of in the system yet.

There are many disparate efforts out here competitors if you will how do you maintain a leadership position here Jonathan.

Well we're -- luckily not the leader where at where the cover you know there's a lot of bigger older established companies.

That were written in software whose code stopped being used when I was watching one -- plow the -- old so all we got to do is keep -- new and fresh and use -- development against the old software.

And I'm sure will win.

Mod Squad I got tottering ensemble what I said is -- -- The classics.

Jonathan bush have a feeling you the live -- at the party last night Athena.

Health chairman CEO president Jonathan thanks so much thank you thank you actually thank you is okay --

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