William Winkenwerder has been appointed to the board of directors of Athenahealth, a Watertown, Mass.-based provider of Internet-based business services for physician practices, including revenue-cycle management.
Winkenwerder, 55, is chairman of the Winkenwerder Co., a healthcare consulting and advisory company in Alexandria, Va. From 2001 to 2007 he was the Assistant Secretary of Defense for Health Affairs. Before that, he served in leadership positions at Blue Cross of Massachusetts, Prudential Healthcare and Emory University.
At the Defense Department, he led the Military Health System and was principal medical advisor to the defense secretary. The MHS organization of 132,000 personnel cares for 9.2 million people through a national Tricare network of physicians and hospitals, including 70 military hospitals worldwide. During his tenure, he led the implementation of an electronic health-record system called AHLTA.
“I am extremely honored and excited to join the board of directors for one of the nation's most innovative and forward-thinking healthcare technology companies,” Winkenwerder said in a statement. “At a time when both the federal government and private sector seek out new ways to advance the healthcare delivery system, I look forward to working with the Athenahealth management team as they continue to successfully deliver their unique Internet-based business services to the U.S. physician practice market.”
Winkenwerder will become Athenahealth's eighth director, serving at minimum a two-year term, and he will sit on the company's audit committee. He will receive a $30,000 annual retainer and the option to purchase 60,000 shares of common stock, according to a Securities and Exchange Commission filing.