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Jonathan Bush, Athenahealth’s (ATHN) Chairman and CEO could be seen on CNBC on Monday discussing Athenahealth's hope that President Obama’s healthcare reform becomes a reality. ATHN could stand to benefit as they have online software that could be used to streamline practice management, billing and patient information management.

Despite ATHN just completing its biggest project to date at the Cook Children’s Hospital in Texas the short base (as measured by the percent of shares outstanding on loan) in ATHN is high and has risen 17.53% to 16.28%.

We’ve had quite a spring rally in the last two months.  It’s hard to believe that the S&P 500 has rallied as much as 40% since the panic levels in March, and many individual issues have given investors chances to double or triple their money in just a few short weeks.  We are now beginning to hear whispers of economic recovery and new bull markets.  (Actually, by definition, this latest rally constitutes a bull market because it exceeds a 20% gain - but don’t try to explain that to investors who are still 41% below the October 2007 high).

As President Obama continues to discuss automated healthcare records, we share commentary from Elizabeth Harrow on one stock poised to benefit, athenahealth (NSDAQ: ATHN).

Here, the advisor with Schaeffer's Investment Research looks at this Internet-based services provider for physician practices as her latest "undiscovered gem."

"The company's flagship product is a software product called athenaCollector, which automates and manages billing-related functions and includes a medical practice management platform.

Athenahealth Inc. (ATHN) has quite an impressive business.  The company has taken the “Software-As-A-Service” model and applied it to the healthcare industry.  While medical technology has advanced significantly over the past decade, Carl Byers (Athenahealth CFO) told IBD that few advances have been made in the area of business process.