BASKING RIDGE, N.J., Mar 15, 2010 -- Hooper Holmes (AMEX:HH) today announced that the Company's Hooper Holmes Health & Wellness division was named Healthways "Vendor of the Year" for 2009. The award was presented by Stefen Brueckner, Healthways President and Chief Operating Officer, and the Strategic Sourcing department at an awards dinner and ceremony held on March 10 at Healthways headquarters in Franklin, Tennessee.
"Healthways and our customers have greatly benefited from Hooper Holmes' commitment not only to delivering excellent service, but also to establishing a partnership to help us grow our business in an evolving marketplace," said Nathan King, Healthways' Director, Operations. "In 2009, our partnership and mutual focus on operational performance was instrumental to advancing our vision of improving the health of our biometric screening customers' populations, one person at a time."
On hand to accept the award, Hooper Holmes Health & Wellness President, Chris Behling commented: "In 2007, Healthways was our first customer and remains the largest user of our screening services. I am proud of the business we have built together and very appreciative of their business and partnership. Together we have more than doubled Healthways' screening volume while maintaining over 99% participant satisfaction. This was only possible because of our strong partnership."
About Healthways
Healthways is the leading provider of specialized, comprehensive solutions to help millions of people maintain or improve their health and well-being and, as a result, reduce overall costs. Healthways' solutions are designed to help healthy individuals stay healthy, mitigate and slow the progression of disease associated with family or lifestyle risk factors and promote the best possible health for those already affected by disease. Healthways' proven, evidence-based programs provide highly specific and personalized interventions for each individual in a population, irrespective of age or health status, and are delivered to consumers by phone, mail, internet and face-to-face interactions, both domestically and internationally. Healthways also provides a national, fully accredited complementary and alternative Health Provider Network and a national Fitness Center Network, offering convenient access to individuals who seek health services outside of, and in conjunction with, the traditional healthcare system. For more information, please visit www.healthways.com.
About Hooper Holmes
Hooper Holmes is a leader in collecting personal health data and transforming it into useful information, enabling customers to take actions that manage or reduce their risks and expenses. We provide a complete service for wellness, disease management, and managed care companies including scheduling support, fulfillment of supplies, blood collection kits, medical screenings, lab testing and data transmission.
With presence in over 250 markets and a network of thousands of examiners, Hooper Holmes can arrange a medical exam anywhere in the U.S. and deliver the results to its customers. As a leading provider of risk assessment services for the insurance industry, Hooper Holmes provides insurers with the widest range of medical exam, data collection, laboratory testing and underwriting services in the industry. Each year we arrange more medical exams than any other company, process millions of specimens in our laboratory, underwrite thousands of cases annually and complete more than a million telephone interviews.
This press release contains "forward-looking" statements, as such term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions. Among the important factors that could cause actual results to differ materially from those expressed in, or implied by, these forward-looking statements are our ability to successfully implement our business strategy; uncertainty as to our working capital requirements over the next 12 to 24 months; our ability to maintain compliance with the financial covenant in our credit facility; our expectations regarding our operating cash flows; and the rate of life insurance application activity. Additional information about these and other factors that could affect the Company's business is set forth in the Company's annual report on Form 10-K for the year ended December 31, 2008, filed with the Securities and Exchange Commission on March 16, 2009. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events, except as required by law.