American Healthways, Blue Cross and Blue Shield of Kansas City Renew Agreement for Cardiac and Diabetes Services.Business Editors NASHVILLE, Tenn.--(BUSINESS WIRE)--Feb. 17, 2004 Results Drive Renewals for Disease Management Firm American Healthways, Inc. (Nasdaq: AMHC AMHC Association of Mental Health Clergy AMHC Aviation Structural Mechanic Hydraulics Chief ), the nation's leading and largest provider of disease management, care enhancement and high-risk health management programs, today announced a two-year contract renewal with Blue Cross and Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. of Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). (BCBSKC BCBSKC Blue Cross and Blue Shield of Kansas City ) to provide diabetes and cardiac disease management programs to the health plan's eligible members. American Healthways has been providing its diabetes and cardiac programs to BCBSKC since June of 2000. "We originally selected American Healthways because we felt they could provide the highest quality support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to our members and the physicians in our network," said John Kennedy, executive vice president at BCBSKC. "The success of our first three years together made for a natural continued commitment to disease management and to American Healthways as our disease management provider." BCBSKC Chief Medical Officer and Senior Vice President Frank J. DiTirro, PhD., M.D., said, "Simply put, disease management works. Our partnership with American Healthways has positively impacted the health of our members diagnosed with diabetes and cardiac disease." American Healthways has contracts with nearly 50 health plans, including 14 independent Blue Cross and Blue Shield plans. The Company's focus on improved health, proven outcomes and customer satisfaction continues to drive new and existing business. "Success breeds success. Our contracts get renewed only if we produce results, and we have accomplished that consistently," said Ben R. Leedle Jr., president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of American Healthways. "The fact that our customers continue to stand behind us and our programs speaks volumes about the value we're bringing to the table and the progress we've made in closing the gaps in health care and delivering on the promise of disease management. We're excited to fuel further success in Kansas City as we extend our relationship with Blue Cross and Blue Shield." About Blue Cross and Blue Shield of Kansas City Blue Cross and Blue Shield of Kansas City, the largest not-for-profit health insurer in the state and the only not-for-profit health insurer in Kansas City, has been part of the Kansas City community since 1938. BCBSKC provides health coverage to more than 865,000 residents in the greater Kansas City metro area and Northwest Missouri. Blue Cross and Blue Shield of Kansas City is an independent licensee of the Blue Cross and Blue Shield Association
About American Healthways American Healthways (AMHC) is the nation's leading and largest provider of specialized, comprehensive disease management, care enhancement and high-risk health management services proven to improve the quality of health care and lower costs. As of Dec. 18, 2003, the Company had over 1 million lives under management nationwide. For more information, visit www.americanhealthways.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Provisions This press release contains forward-looking statements that are based upon current expectations and involve a number of risks and uncertainties. In order for the American Healthways to utilize the "safe harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, investors are hereby cautioned that these statements may be affected by the important factors, among others, set forth. Consequently, actual operations and results may differ materially from those expressed in these forward-looking statements. The important factors are included in the discussion in Part I, Item 1, and Part II, Item 7, of American Healthways' Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended Aug. 31, 2003, and Part I, Item 2, of American Healthways' Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended Nov. 30. 2003. American Healthways undertakes no obligation to update or revise any such forward-looking statements. |
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