American Healthways Climbs BusinessWeek's 100 Hot Growth Companies List for Third Straight Year.NASHVILLE, Tenn. -- For three years running, American Healthways (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AMHC AMHC Association of Mental Health Clergy AMHC Aviation Structural Mechanic Hydraulics Chief ) has strengthened its position on BusinessWeek's list of 100 Hot Growth Companies, coming in this year at No. 27, up 5 spots from last year, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the magazine's May 30 edition. "This has been a year of growth for us in many more ways than just financial numbers. We've grown relationships with customers and strategic partners, we've increased the programs and services we provide and we're charting courses in new markets as well," said Ben R. Leedle, Jr., president and chief executive officer of American Healthways. "Most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , we're extending the impact we have on improving health care in the United States Health care in the United States is provided by many separate legal entities. The U.S. spends more on health care, both as a proportion of gross domestic product (GDP) and on a per-capita basis, than any other nation in the world. Current estimates put U.S. as we touch the lives of new people every day." Continued strong sales and earnings growth placed American Healthways among 19 health-care companies on this year's list. To date in fiscal year 2005, the Company has experienced significant growth in the following areas: --Increase in actual lives under management to 1,487,000 at the end of the second quarter of fiscal 2005, up 41% from 1,054,000 at the end of the second quarter of fiscal 2004. --Rapid growth in demand from self-insured self-insured Self fund Health insurance adjective Referring to the practice of carrying an individual health insurance policy for oneself; self insurance is usually more expensive than group insurance employers with self-insured lives under management increasing 131% to 488,000 at the end of the second quarter from the same time in fiscal 2004. --Sustained momentum in health plan contracts with 13 new or extended relationships being forged since the end of fiscal 2004. Companies selected for the Hot Growth 100 are publicly traded and ranked according to their performance in sales growth, earnings growth and return on capital over a three-year period. Companies on the list must have a market cap of at least $25 million and a share price of at least $5. According to BusinessWeek's three-year analysis, American Healthways experienced an average increase in sales of nearly 47 percent, a 99 percent average increase in profits and a 13.5 percent average return on capital. About American Healthways American Healthways, Inc. 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 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 proven to improve the quality of health care and lower costs. As of Feb. 28, 2005, the Company had approximately 1.5 million lives under management nationwide. For more information visit www.americanhealthways.com. |
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