American Healthways Announces Three-Year Diabetes Services Management Agreement with Our Lady of Bellefonte Hospital.NASHVILLE, Tenn. -- American Healthways, Inc. (Nasdaq:AMHC AMHC Association of Mental Health Clergy
AMHC Aviation Structural Mechanic Hydraulics Chief ) today announced a new, three-year agreement with Ashland, Ky.-based Our Lady of Bellefonte Hospital to provide the Company's hospital-based diabetes services.
"Diabetes is a very common disease in our area, and our new relationship with American Healthways reinforces Our Lady of Bellefonte Hospital's commitment to fighting this devastating dev·as·tate
tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates
1. To lay waste; destroy.
2. To overwhelm; confound; stun: was devastated by the rude remark. disease," said Mark Gordon Mark Gordon (born 10 October, 1956) is an American producer. He is originally from Newport News, Virginia. He has worked on numerous projects as both producer and executive producer including Speed, The Jackal, and Saving Private Ryan. , chief executive officer at Our Lady of Bellefonte Hospital.
Diabetes is the sixth leading cause of death by disease in Kentucky, affecting approximately one in every 10 adults, according to state government figures. Recent figures also found that diabetes listed as a primary or secondary cause accounted for at least 13 percent of the total hospitalizations in Kentucky. In addition, a recent study released by the University of Kentucky Center for Rural Health found that diagnosed diabetes is 67 percent more prevalent today than it was in 1994. The University of Kentucky, also referred to as UK, is a public, co-educational university located in Lexington, Kentucky.
American Healthways hospital-based programs support the hospital's development of comprehensive diabetes services that help physicians and nurses care for their patients with diabetes. This includes physician support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , care management, professional and clinical staff education, clinical interventions and patient education. The program's inpatient component uniquely enables hospitals to address the special needs of patients with diabetes, regardless of their reason for admission. The outpatient component is designed to help individuals with diabetes develop and practice the self-management skills that will improve their health status and quality of life and reduce the risk of diabetes-related complications.
"We are pleased that Our Lady of Bellefonte Hospital chose our hospital-based services to optimize the care of patients with diabetes, and we look forward to helping make a difference in the lives of the people served as a result," said Ben R. Leedle Jr., president and chief executive officer, American Healthways.
About Our Lady of Bellefonte Hospital
A proud member of the Bon Secours Health System, OLBH OLBH Our Lady of Bellefonte Hospital (Ashland, KY) features a medical staff of approximately 200 physicians representing a broad range of specialties. OLBH is a 214-bed facility located in Ashland, Kentucky.
About American Healthways
American Healthways 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 June 17, 2004, the Company had over 1.2 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 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, 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.
See 10-K. for the fiscal year ended August 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 May 31, 2004. Consequently, actual operations and results may differ materially from those expressed in these forward-looking statements. American Healthways undertakes no obligation to update or revise any such forward-looking statements.