8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 29, 2014

athenahealth, Inc.

(Exact name of registrant as specified in its charter)

Delaware	001-33689	04-3387530
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

311 Arsenal Street, Watertown, MA	02472
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: 617-402-1000

________________________________________________________________________________
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
	[   ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	[   ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	[   ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	[   ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 29, 2014, Timothy M. Adams announced his intention to resign from his positions as Chief Financial Officer (“CFO”) and Senior Vice President of athenahealth, Inc. (“athenahealth”), effective immediately. Mr. Adams indicated that he will remain with athenahealth through the end of May 2014, after which he will take on a paid advisory role throughout the months of June and July to ensure a seamless transition of his responsibilities, and to help vet and hire athenahealth’s next CFO.

On May 1, 2014, the Board of Directors of athenahealth appointed Karl Stubelis, age 48, to serve as athenahealth’s acting CFO. Mr. Stubelis has served as athenahealth’s Vice President and Corporate Controller since September 2013. Prior to joining athenahealth, he served as Vice President, Corporate Controller, and Chief Accounting Officer at Sapient Corporation, a leading provider of services to today’s evolving financial and commodity markets, and Director of Financial Operations from November 2004 to September 2009. In addition, Mr. Stubelis brings more than 20 years of experience in finance and operations across various size companies. He will serve as athenahealth’s principal financial officer and principal accounting officer in his role as acting CFO. athenahealth is not making any changes to the current compensation arrangements for Mr. Stubelis in connection with his appointment.

On May 1, 2014, athenahealth issued a press release regarding the resignation of Mr. Adams and appointment of Mr. Stubelis. A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
99.1	Press release issued by athenahealth, Inc. on May 1, 2014, furnished herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	athenahealth, Inc.
	(Registrant)
May 1, 2014	/s/ DANIEL H. ORENSTEIN
	Daniel H. Orenstein
	SVP, General Counsel, and Secretary

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press release issued by athenahealth, Inc. on May 1, 2014, furnished herewith.

EX-99.1

EXHIBIT 99.1

athenahealth Names Karl Stubelis Acting Chief Financial Officer

Current CFO, Tim Adams, Steps Down; Company Announces Formal Search for Next General and Administrative Division Leader

WATERTOWN, MA – May 1, 2014 –athenahealth, Inc. (NASDAQ: ATHN), a leading provider of cloud-based services for electronic health record (EHR), practice management, and care coordination, today announced the appointment of Karl Stubelis, currently athenahealth’s vice president and corporate controller, to the position of acting chief financial officer (CFO), effective immediately. Tim Adams has informed the company of his intention to step down as CFO after serving in the position for almost five years. athenahealth will conduct a conference call tomorrow, Friday, May 2, 2014, at 8:00 a.m. Eastern Time to provide remarks and address any questions on this news.

“Tim has been a great partner and leader in helping to guide athenahealth through its past and current phases of growth. He set us up to operate incredibly efficiently over the years, leaving a strong team of accounting, business analysis, and investor relations experts who work seamlessly across all financial processes. I’m grateful for his many contributions and, while we’re sad to see Tim leave, we’re excited at the opportunity to find a new chief financial officer for athenahealth,” said Jonathan Bush, CEO, athenahealth. “As we progress forward with our current and future stages of growth, we’ll look for a dynamic business and financial leader who can help us meet our revenue, growth, and profitability goals.”

In taking on the role of acting CFO, Stubelis will draw from more than 20 years of experience in finance and operations across various size companies, including Sapient. Adams will remain with the company through the end of May 2014, after which he will take on a paid advisory role throughout the months of June and July to ensure a seamless transition of his responsibilities and to help vet and hire athenahealth’s next CFO. Adams has accepted a position as CFO of Demandware, Inc. (NYSE: DWRE).

“This has been a tough decision because athenahealth is such a great, high-growth company; one with an incredible culture and well on its way to fulfilling its vision to become the country’s health information backbone. athenahealth is a game-changer for health care, with proven successes in innovation, client services, and care coordination; I look forward to transitioning into the role of advisor and shareholder,” said Tim Adams. “As a next step in my career, with Demandware, I’ve decided to move back into a CFO role with international business responsibilities, one

within the digital commerce space. It’s been a privilege working at athenahealth and being part of such a talented team.”

Conference Call Information

athenahealth will hold a live conference call on Friday, May 2, at 8:00 am ET to provide remarks and address questions with the investor community regarding this announcement. Please dial (877) 853-5645 (or (408) 940-3868 for international calls), using conference code No. 41200090 to join. A replay will be available for one week following the conference call at 855-859-2056 (and 404-537-3406 for international calls) using conference code No. 41200090.

About athenahealth, Inc.

athenahealth is a leading provider of cloud-based services for electronic health record (EHR), practice management, and care coordination. athenahealth’s mission is to be caregivers’ most trusted service, helping them do well doing the right thing. For more information, please visit www.athenahealth.com.

Contact Info:

Holly Spring

athenahealth, Inc. (Media)

media@athenahealth.com

617-402-1631

Dana Quattrochi

athenahealth, Inc. (Investors)

investorrelations@athenahealth.com

617-402-1329

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