BASKING RIDGE, N.J., Apr 14, 2010 -- Hooper Holmes (AMEX:HH) today announced that U.S. Preventive Medicine, Inc., has chosen the Company's Health & Wellness division to provide a full suite of biometric screening and laboratory services.
Hooper Holmes biometric screening and laboratory testing services will be leveraged by U.S. Preventive Medicine to help identify health risks and engage participants in The Prevention Plan, U.S. Preventive Medicine's innovative program that delivers primary, secondary and tertiary prevention services to consumers and employers groups.
"We are honored to support U.S. Preventive Medicine's innovative suite of products and services," said Christopher J. Behling, President of Hooper Holmes Health & Wellness. "Improving outcomes and reducing costs are top healthcare priorities and our primary mission as we continue to grow our business."
"The Prevention Plan helps individuals understand their current and future health risks, and provides a high-tech and high-touch engagement model to improve those risks. The data that blood work and biometric screenings provide is essential to our ability to customize a member's Prevention Plan to their individual risks," said Christopher Fey, Chairman and CEO of U.S. Preventive Medicine. "We are excited to leverage the breadth and depth of Hooper Holmes' national services so we can continue to lead the way in preventive medicine."
About U.S. Preventive Medicine
U.S. Preventive Medicine(R) (www.USPreventiveMedicine.com) is leading a global preventive health movement focused on saving lives and money by keeping people healthy and better managing chronic conditions before they progress. The company provides an integrated continuum of prevention programs -- primary, secondary and tertiary -- that are based on the clinical science of preventive medicine. The world's first preventive health benefit, The Prevention Plan(TM), moves beyond traditional wellness to identify each individual's top health risks and design a customized plan of action supported 24x7 by nurse coaches. The company is accredited in wellness and health promotion by NCQA and disease management by URAC.
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. 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.
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. Each year we arrange more medical exams than any other company and process millions of specimens in our laboratory. 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 tests and data transmission.
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, 2009, filed with the Securities and Exchange Commission on March 12, 2010. 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.