American Healthways Added to the Russell 2000 Index.Health/Medical Editors NASHVILLE, Tenn.--(BW HealthWire)--July 10, 2001 Market Capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. Growth Places American Healthways Among Largest U.S. Publicly Traded Companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. Frank Russell Frank Russell may refer to the following people:
AMHC Aviation Structural Mechanic Hydraulics Chief ), the nation's leading provider of specialized, comprehensive Care Enhancement services to health plans, to its Russell 2000(R) Index. Each year the Frank Russell Company, one of the world's leading investment management and advisory firms, constructs its Index by ranking the 3,000 largest stocks in the U.S. equity market by capitalization as of May 31. "We are pleased to have received this recognition for the efforts of the people of American Healthways and the success they have achieved for our shareholders," said Thomas G. Cigarran, chairman 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. "Our strong performance this year resulted in a doubling of equivalent health plan lives under contract - to more than 390,000 - at the end of the third quarter. The recent launch of our new Care Enhancement programming significantly expands our market opportunity and will provide for continued strong growth." American Healthways' new Care Enhancement strategy brings together potent new services for screening all members of an insurer's population and programs specifically designed to address the needs of people with 27 different health conditions. These programs utilize a significantly expanded arsenal of tools and technologies that will be fully integrated into American Healthways' proprietary PopulationWorks(SM) information platform and its call centers. The additional health conditions for which the Company is adding services include those that have a solid base of scientific evidence that supports providing specific clinical interventions that will both improve outcomes and reduce the costs of care. American Healthways' share price has increased nearly 425 percent in the past year(a), making it one of Nasdaq's top performing companies over that period. Similarly, the Company has outperformed Standard & Poor's 500 by more than 550 percent in the past year.(a) The Russell Index is reconstituted annually using objective criteria, primarily market capitalization, and does not reflect any subjective opinions or committee decisions. This realignment re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. to updated market cap levels allows the Index to provide a truer reflection of stock market activity and performance. The Russell 2000(R) Index measures the performance of the 2,000 smallest companies in the Russell 3000(R) Index and represents approximately 8 percent of the total market capitalization Total Market Capitalization The total market value of all of a firm's outstanding securities. of the Russell 3000(R) Index. Final membership lists for the Russell 2000(R) Index will be available to all investors July 9 on www.russell.com. Nashville-based American Healthways (www.americanhealthways.com) is the nation's leading provider of specialized, comprehensive Care Enhancement services to health plans, physicians and hospitals. Through its product lines - diabetes healthways(SM), cardiac healthways(SM), respiratory healthways(SM) and myhealthways(SM) - the Company provides Care Enhancement programs to health plans with members in all 50 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. . The company has contracts to serve more than 390,000 health plan equivalent lives. American Healthways also operates diabetes management This article is about the management of diabetes mellitus. For more on the disease itself see diabetes mellitus. Diabetes is a chronic disease with no cure as of 2007. It is associated with an impaired glucose cycle, altering metabolism. programs in hospitals nationwide. (a) Based on American Healthways' closing price from July 6, 2000 to its closing price July 6, 2001. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion