Company Remains 100% Focused on Serving its Customers
NASHVILLE, Tenn. -- (Business Wire)
Healthways, Inc. (NASDAQ:HWAY) (“Company”), the largest independent
global provider of well-being improvement solutions, today announced
that its Board of Directors is exploring strategic alternatives to
enhance shareholder value. The Board has retained J.P. Morgan Securities
LLC as its financial advisor to assist in its evaluation of strategic
alternatives. While the Board conducts its process, the Company remains
100% focused on serving its customers. There can be no assurance that
the Board’s process will result in any specific action, and the Company
does not intend to disclose further developments unless and until its
Board approves a specific action or otherwise concludes the review of
strategic alternatives.
Forward Looking Statements
This press release contains forward-looking statements, which are based
upon current expectations, involve a number of risks and uncertainties
and are subject to the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Those forward-looking
statements include all statements that are not historical statements of
fact and those regarding the intent, belief or expectations of the
Company, including, without limitation, all statements regarding the
Board of Directors review of strategic alternatives. Those
forward-looking statements are subject to certain risks and
uncertainties, including, but not limited to those risks detailed in the
Company's Annual Report on Form 10-K for the fiscal year ended December
31, 2013, and other filings with the Securities and Exchange Commission.
The Company undertakes no obligation to update or revise any such
forward-looking statements.
About Healthways
Healthways is the largest independent global provider of well-being
improvement solutions. Dedicated to creating a healthier world one
person at a time, the Company uses the science of behavior change to
produce and measure positive change in well-being for our customers,
which include employers, integrated health systems, hospitals,
physicians, health plans, communities and government entities. We
provide highly specific and personalized support for each individual and
their team of experts to optimize each participant’s health and
productivity and to reduce health-related costs. Results are achieved by
addressing longitudinal health risks and care needs of everyone in a
given population. The Company has scaled its proprietary technology
infrastructure and delivery capabilities developed over 30 years and now
serves approximately 68 million people on four continents. Learn more at www.healthways.com.
Contacts:
Investor Relations:
Healthways, Inc.
Chip Wochomurka,
615-614-4493
chip.wochomurka@healthways.com
or
Media
Relations:
Sard Verbinnen & Co.
Andrew Cole/Delia
Cannan
212-687-8080
healthways-svc@sardverb.com
Source: Healthways, Inc.
© 2024 Canjex Publishing Ltd. All rights reserved.