athenahealth Down 6% On Guidance Cut (ATHN)

Shares of athenahealth ATHN have plunged intra-day after the company lowered their guidance. Currently the shares are down 6.01% to $39.70. ATHN lowered its FY11 EPS guidance to $0.68 to $0.78 compared to analysts' estimates of $0.85. The company sees revenues between $300 million and $315 million versus analysts' consensus of $309 million. athenahealth, Inc. (athenahealth) is a provider of Internet-based business services for physician practices. The Company's service offerings are based on four integrated components: its Internet-based software; athenahealth's database of payer reimbursement process rules; back-office service operations that perform administrative aspects of billing and clinical data management for physician practices, and automated and live patient communication services.