Well-being enhancement company
) recently revealed that it has entered the latest Information Week
500, a yearly listing of the most creative users of technology in
American business. This was the fifth straight year in which
Healthways received the honor. This year, Healthways was rated at
position 158 out of 500 recipient firms.
Information Week recognizes the country's most creative users of IT
through its yearly 500 list. It focuses on creativity in IT rather
than merely the quantum of spending on IT.
Healthways was bestowed the honor on account of its wellbeingGO and
Well-Being Connect mobile and online ability for its Embrace 5.0
know-how. Over 6.5 million clients are using these applications.
Well-Being Connect is a tailor made behavior modification
application. The wellbeingGO mobile application permits clients to
mingle as per their convenience.
The Healthways model encourages people to make favorable lifestyle
changes that lead to enhanced well-being, reduced healthcare costs,
improved performance and economic value for customers. The company
has invested in technology platforms that provide scalable support
with large populations. It has tie-ups with a large proportion of
U.S. health plans and counts many millions of lives in its customer
Due to its unique scalable business model, Healthways shares may
present a long-term investment opportunity, although it faces many
challenges in the short term.
Healthways is the leader in a strategically critical and rapidly
evolving part of the health care services market. Its fitness
program (SilverSneakers) for seniors is available at 14,000 centers
across the U.S. and caters to several million eligible enrollees.
Healthways competes with
) among others.
We currently have a Neutral recommendation on Healthways. The stock
retains a Zacks #3 Rank, which translates into a short-term Hold
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