American Healthways, The Regence Group Partner to Improve Health, Reduce Costs.NASHVILLE, Tenn.--(BUSINESS WIRE)--Dec. 2, 2003 Northwest's Largest Health-Plan Affiliation to Offer Total-Population Disease Management American Healthways, Inc. (Nasdaq/NM: AMHC AMHC Association of Mental Health Clergy AMHC Aviation Structural Mechanic Hydraulics Chief ) today announced a comprehensive, three-year agreement with The Regence Group to offer the nation's leading disease management, care enhancement and high-risk high-risk adjective Referring to an ↑ risk of suffering from a particular condition Infectious disease Referring to an ↑ risk for exposure to blood-borne pathogens, which occurs with blood bank technicians, dental professionals, dialysis unit health management services. Under the agreement, American Healthways will begin providing its entire suite of services to selected groups of members of Regence BlueShield, located in Washington, beginning March 1, 2004. The Regence Group provides health coverage for nearly 3 million members in Washington, Oregon, Idaho and Utah. "The 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. names are among the most recognized, respected and trusted in America, and we are pleased that The Regence Group and its affiliated plans have chosen the American Healthways total-population approach to improving the health and the lives of its members," said Ben R. Leedle Jr., president and chief executive officer of American Healthways. "This agreement marks our first integrated offering of disease management, care enhancement and high-risk health management programs since our acquisition of StatusOne Health Systems, and we look forward to working with Regence to achieve our mutual goals of better health and reduced costs." Under the terms of the agreement, all four Regence plans can opt for American Healthways' disease management, care enhancement and high-risk health management programs for their fully insured members, self-insured members or both. Regence BlueShield, the leading not-for-profit health plan in Washington, is the first of the four plans to bring American Healthways' entire product line to a portion of its members. "We chose American Healthways as our disease and health management partner because of its unique ability to reach a broad population in a meaningful, integrated and seamless way," said Jeff Robertson, M.D., chief medical officer for Regence BlueShield. "Through these programs, our members who are at highest risk for acute illness will receive focused, personal, high-intensity intervention A procedure used in a lawsuit by which the court allows a third person who was not originally a party to the suit to become a party, by joining with either the plaintiff or the defendant. as well as long-term support for chronic diseases and health conditions. This approach will ensure that our members receive the right care and support at the right times." American Healthways is focused on helping patients, their families and their physicians bridge the gaps in the health-care system through education, coordination and continuing support to members with any one of 17 different chronic diseases or health conditions. In addition, the Company's StatusOne program identifies those individuals at highest risk of incurring in·cur tr.v. in·curred, in·cur·ring, in·curs 1. To acquire or come into (something usually undesirable); sustain: incurred substantial losses during the stock market crash. 2. significant medical costs within the next 12 months and creates a customized care-support system that focuses on high-intensity intervention across 160 disease conditions. About Regence The Regence Group is an affiliation of four leading health insurers in the northwest and intermountain in·ter·moun·tain adj. Located between mountains or mountain systems, especially lying between the Rocky Mountains and the Sierra Nevada or Cascade Range in the western United States. states: Regence BlueCross BlueShield of Oregon, Regence BlueShield (in Washington), Regence BlueCross BlueShield of Utah and Regence BlueShield of Idaho. The Regence Group and its affiliate Plans are independent licensees of the Blue Cross and Blue Shield Association
About American Healthways American Healthways (AMHC) is the nation's leading and largest provider of specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. , comprehensive disease management, care enhancement and high-risk health management services proven to improve the quality of health care and lower costs. As of Aug. 31, 2003, the Company had 838,000 actual 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are based upon current expectations and involve a number of risks and uncertainties. In order for the Company 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 in the discussion in Part I, Item 1 and 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. Company undertakes no obligation to update or revise any such forward-looking statements. |
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