Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Hueber Robert M
 2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2008		 3. Issuer Name and Ticker or Trading Symbol
ATHENAHEALTH INC [ATHN]
(Last)
(First)
(Middle)
311 ARSENAL STREET		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP, Sales
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

WATERTOWN, MA 02472		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 95,200
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) 09/11/2002(1) 09/11/2012 Common Stock 200,000 $ 0.62 D  
Stock Option (Right to Buy) 04/16/2003(2) 04/16/2013 Common Stock 10,000 $ 0.62 D  
Stock Option (Right to Buy) 02/06/2004(3) 02/06/2014 Common Stock 10,000 $ 0.62 D  
Stock Option (Right to Buy) 01/26/2005(4) 01/26/2015 Common Stock 10,000 $ 2.93 D  
Stock Option (Right to Buy) 01/26/2005(5) 01/26/2015 Common Stock 25,000 $ 2.93 D  
Stock Option (Right to Buy) 01/26/2005(6) 01/26/2015 Common Stock 20,000 $ 2.93 D  
Stock Option (Right to Buy) 04/27/2005(7) 04/27/2015 Common Stock 5,000 $ 3.5 D  
Stock Option (Right to Buy) 10/19/2005(8) 10/19/2015 Common Stock 20,000 $ 4.51 D  
Stock Option (Right to Buy) 02/28/2006(9) 02/28/2016 Common Stock 5,000 $ 5.26 D  
Stock Option (Right to Buy) 03/15/2007(10) 03/15/2017 Common Stock 7,500 $ 7.39 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hueber Robert M
311 ARSENAL STREET
WATERTOWN, MA 02472		       SVP, Sales  

Signatures

/s/Christopher E. Nolin Attorney-in-Fact 01/04/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 100% vested.
(2) 100% vested.
(3) 100% were exercisable on 2/6/04, 3/5 to vest in 36 equal monthly amounts (such vesting to occur each month on the monthly anniversary of the vesting start date 2/1/04) and 2/5 to vest thereafter in 12 equal monthly amounts (such vesting to occur each month on the month anniversary of the vesting start date) until fully vested on the fourth anniversary of the vesting start date.
(4) 100% of the options were exercisable on 1/26/05, 2.08% of the granted options will vest on each monthly anniversary of the vesting start date 3/31/04), rounded down to the nearest whole share until no further unvested shares remain subject to this option grant.
(5) 100% of the options in this grant were exercisable on 1/26/05, 2.08% of the granted options will vest on each monthly anniversary of the vesting start date, 6/30/04, rounded down to the nearest whole share, until no further unvested shares remain subject to this option grant.
(6) 100% of the options in this grant were exercisable on 1/26/05, 2.08% of the granted options will vest on each monthly anniversary of the vesting start date 8/1/04, rounded down to the nearest whole share until no further unvested shares remain subject to this option grant.
(7) 100% of the options in this grant were exercisable on 4/27/05, 25% of the options vest yearly on the anniversary of the vesting start date of 1/9/05 until fully vested on the fourth anniversary.
(8) 100% of the options in this grant are exercisable on 10/19/05, 2.08% of the granted options will vest on each monthly anniversary of the vesting start date 10/19/05, rounded down to the nearest whole share, until no further unvested shares remain subject to this option grant.
(9) 100% of the options in this grant were exercisable on 2/28/06, 25% of the options vest yearly on the anniversary of the vesting start date of 1/9/06 until fully vested on the fourth anniversary.
(10) 100% of the of the options in this grant were exercisable on 3/15/07, 25% of the options vest yearly on the anniversary of the vesting start date of 1/1/07 until fully vested on the fourth anniversary.

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