Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Ceridian Acquires Leading Health Coaching Firm, Leade Health.


Transaction Expands Ceridian's Offerings to Help Employers Improve Their Employees' Health and Productivity

MINNEAPOLIS -- Ceridian Corporation (NYSE NYSE

See: New York Stock Exchange
:CEN CEN - Conseil Européen pour la Normalisation.

A body coordinating standardisation activities in the EEC and EFTA countries.
) today announced that it has acquired Ann Arbor Ann Arbor, city (1990 pop. 109,592), seat of Washtenaw co., S Mich., on the Huron River; inc. 1851. It is a research and educational center, with a large number of government and industrial research and development firms, many in high-technology fields such as , Mich.-based Leade Health, a leading health coaching firm specializing in the areas of weight management, stress management, tobacco cessation, and cardiovascular health.

Leade Health is a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 with more than 15 years experience in disease prevention within government agencies, health plans and corporations, directly decreasing medical costs by supporting individuals in changing behavior that compromise their health and productivity. Since their inception, they have clinically assessed and triaged more than 40,000 at-risk individuals into highly personalized health management programs.

Through its Health and Productivity Management solutions, Ceridian already provides employee assistance and work-life programs; full and self-service leave administration; an online health and productivity assessment tool; life enhancement wellness coaching; return-to-work management; and disability and disease management. This acquisition enables Ceridian to immediately begin offering employers health coaching, disease prevention and behavior modification behavior modification
n.
1. The use of basic learning techniques, such as conditioning, biofeedback, reinforcement, or aversion therapy, to teach simple skills or alter undesirable behavior.

2. See behavior therapy.
 programs for smoking, weight management, stress and cardiovascular risks.

"Leade Health has developed a superior behavioral coaching model that results in industry-leading health outcomes and compelling return-on-investments for the employer," said Zachary Meyer, Ceridian's senior vice president of LifeWorks, Ceridian's EAP (Extensible Authentication Protocol) A protocol that acts as a framework and transport for other authentication protocols. EAP uses its own start and end messages, but then carries any number of third-party messages between the client (supplicant) and access control  and work-life division. "With the addition of Leade Health's services to our Health and Productivity Management offerings, we believe we now have the best and most comprehensive set of integrated solutions available to help companies decrease absenteeism, reduce presenteeism Presenteeism is the opposite of absenteeism. In contrast to absenteeism, when employees are absent from work illegitimately, presenteeism discusses the problems faced when employees come to work in spite of illness, which can have similar negative repercussions on business , and lower the risk of their employees developing or poorly managing their chronic and other health conditions."

As a result of the acquisition, Leade Health's base of corporate, government and health plan clients - covering nine million lives - will become customers of Ceridian.

"We are very pleased to have reached this agreement with Ceridian. We share their passion for helping individuals improve their emotional and physical well-being," said Michael Mulvihill, president and chief executive officer of Leade Health. "By bringing our health coaching services together with Ceridian's integrated EAP, work/life, productivity and wellness, we can now offer our clients a continuum of solutions that will better meet their growing and changing health and wellness needs."

About Leade Health

Founded in 1990 and based in Ann Arbor, Michigan

“Ann Arbor” redirects here. For other uses, see Ann Arbor (disambiguation).
Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County.
, Leade Health specializes in health coaching in the areas of weight management, stress management, tobacco cessation, and cardiovascular health. The health coaching firm has earned a reputation for partnership integrity, product innovation and program impact. Leade Health's success rates from its signature health coaching model achieve outcome results that exceed national norms.

About Ceridian

Ceridian Corporation (www.ceridian.com) is an information services See Information Systems.  company serving businesses and employees in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and Europe. Ceridian is one of the top human resources outsourcing companies in each of its markets, and offers a broad range of human resource services, including payroll, benefits administration, tax compliance, HR information systems and employee assistance and work-life programs. Through its Comdata subsidiary, Ceridian is a major payment processor and issuer of credit cards, debit cards and stored value cards, primarily for the trucking and retail industries in the United States.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 27, 2006
Words:516
Previous Article:Grifco International, Inc. Announces Payment in Full of Letters of Credit and Equipment Loans.
Next Article:ProCurve Networking by HP Climbs to No. 2 in Enterprise Networking Revenue and Ports.
Topics:



Related Articles
Coping with military deployments: the war in Iraq and the rebuilding effort have challenged work organizations in unexpected ways, requiring EAPs to...
Human resources.
Ceridian Health Risk Assessment Now Available in Spanish; Innovative Tool Raises Awareness of Health Risks to Hispanic Population, Provides Direction...
Ceridian Reports Third Quarter Results.
Ceridian Gains Health & Welfare Administration Business from Stone Partners; New Business Brings Important Customers to Ceridian.
Ceridian Introduces Interactive Medicare Tool To Help Employee Caregivers and Mature Workers Make Important Medicare Decisions.
Health and productivity management: market opportunities for EAPs: by integrating with health and wellness and disease management programs, EAPs can...
Ceridian Awarded Contract to Provide Employee Assistance Program (EAP) Services To a Large Number of Federal Government Agencies.
Comdata(R) Announces Acquisition of Inter-Tax, Inc.
Ceridian Enters into Merger Agreement with Thomas H. Lee Partners and Fidelity National Financial.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles