Business

Mass. Movers

Athenahealth rises despite lower profit

Jonathan Bush heads Watertown-based athenahealth.

Boston Globe/File 2012

Jonathan Bush heads Watertown-based athenahealth.

Athenahealth Inc.’s quarterly net income fell on costs tied to its purchase of the medicine-app maker Epocrates. The deal boosted revenue, but one-time costs trimmed profits. Athenahealth also spent more on stock-based compensation. Athenahealth said full-year earnings will be at the low end of its projected range. And Hospital Physician Partners, a medical management and staffing firm, has selected athenahealth’s cloud-based services to upgrade medical billing and patient communications. It serves about 100 hospitals.

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