Wed, Jul 4, 2012, 9:52 AM EDT - U.S. Markets closed for Independence Day
Sorry, I could not read the content fromt this page.Wednesday, July 4, 2012
Pennsylvania receives $33 million for public health and health care emergency preparedness
Wed, Jul 4, 2012, 9:52 AM EDT - U.S. Markets closed for Independence Day
Sorry, I could not read the content fromt this page.Missouri receives $17 million for public health and health care emergency preparedness
Wed, Jul 4, 2012, 9:52 AM EDT - U.S. Markets closed for Independence Day
Sorry, I could not read the content fromt this page.Tennessee receives $18 million for public health and health care emergency preparedness
Wed, Jul 4, 2012, 9:52 AM EDT - U.S. Markets closed for Independence Day
Sorry, I could not read the content fromt this page.Kentucky receives $13 million for public health and health care emergency preparedness
Wed, Jul 4, 2012, 9:52 AM EDT - U.S. Markets closed for Independence Day
Sorry, I could not read the content fromt this page.Oregon receives $12 million for public health and health care emergency preparedness
Wed, Jul 4, 2012, 9:52 AM EDT - U.S. Markets closed for Independence Day
Sorry, I could not read the content fromt this page.Maryland receives $17 million for public health and health care emergency preparedness
Wed, Jul 4, 2012, 9:52 AM EDT - U.S. Markets closed for Independence Day
Sorry, I could not read the content fromt this page.Louisiana receives $30 million for public health and health care emergency preparedness
Wed, Jul 4, 2012, 9:52 AM EDT - U.S. Markets closed for Independence Day
Sorry, I could not read the content fromt this page.Oklahoma receives $12 million for public health and health care emergency preparedness
Wed, Jul 4, 2012, 9:52 AM EDT - U.S. Markets closed for Independence Day
Sorry, I could not read the content fromt this page.Tuesday, June 19, 2012
Valence Health Secures $30 Million from North Bridge
Tue, Jun 19, 2012, 10:54 AM EDT - U.S. Markets close in 5 hrs 6 mins
Sorry, I could not read the content fromt this page.Wednesday, May 16, 2012
Health 2.0 Developer Challenge Awards $1 Million for Innovative Health Care Solutions
Challenges run anywhere from one day to a number of months, giving sponsors unprecedented access to hundreds of talented developers focused on producing innovative solutions that can be quickly brought to market. Winning teams are awarded cash prizes up to $100,000 and often reinvest it into innovation, developing additional health solutions.
On May 14, 2012, at the Health 2.0 Spring Fling: Matchpoint Boston Conference, Farzad Mostashari, M.D., National Coordinator for Health Information Technology, joined Health 2.0 to award its millionth dollar for innovation.
"Sponsors always walk away with fresh perspectives, concepts, or working prototypes. It's a proven way to harness the creativity of the developer community and fast track an innovation to improve health care delivery for both physicians and patients," explained Health 2.0 Co-chair and CEO Indu Subaiya.
Since the program launch in 2010, Health 2.0 has completed 40 Developer Challenge events. In 2012, Health 2.0 will conduct more than 30 challenges worldwide, including events in Japan, Sweden and India.
The next Developer Challenge event, Washington DC's HDI Code-a-thon: Preventing Obesity, will be held June 2-3 at the Kaiser Permanente Center for Total Health. The coding competition challenges developers to use big data to build applications preventing obesity and ultimately improving health care.
For more information on the Health 2.0 Developer Challenge or to sponsor a challenge, contact Senior Vice President, Jean-Luc Neptune, at jl@health2con.com or at (646) 734-2320.
About Health 2.0
Health 2.0: The conference. The media network. The innovation community. The Health 2.0 Conference is the leading showcase of cutting-edge innovation transforming the health care system and is the premiere platform connecting IT innovators to established health care providers. Health 2.0 covers the broadest spectrum of the technology revolution that is shaking up every sector of health care. Learn more at www.health2con.com.
Thursday, May 3, 2012
Castlight Health Secures $100 Million in Series D Funding
Tue, May 1, 2012, 11:04 AM EDT - U.S. Markets close in 4 hrs 56 mins
Sorry, I could not read the content fromt this page.Monday, April 2, 2012
Vanguard Health Systems Announces Closing of $375.0 Million Senior Notes Offering
The Issuers intend to use the net proceeds from the offering of the New Notes for general corporate purposes, which may include, but not be limited to, working capital, capital expenditures, acquisitions, the repayment of any outstanding indebtedness under Vanguard’s existing revolving credit facility, and to pay the fees and expenses incurred in connection with the offering.
This announcement does not constitute an offer to sell or the solicitation of an offer to buy the New Notes. The New Notes were offered in a private placement to qualified institutional buyers pursuant to Rule 144A and outside the United States in compliance with Regulation S under the Securities Act of 1933, as amended (the “Securities Act”).
The New Notes have not been registered under the Securities Act, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Company Information and Forward-Looking Statements
About Vanguard Health Systems
Vanguard owns and operates 28 acute care and specialty hospitals and complementary facilities and services in metropolitan Chicago, Illinois; metropolitan Phoenix, Arizona; metropolitan Detroit, Michigan; San Antonio, Texas; Harlingen and Brownsville, Texas; and Worcester and metropolitan Boston, Massachusetts. Vanguard’s strategy is to develop locally branded, comprehensive healthcare delivery networks in urban markets.
This press release contains “forward-looking statements” within the meaning of the federal securities laws that are intended to be covered by safe harbors created thereby. Forward-looking statements are those statements that are based upon management’s plans, objectives, goals, strategies, future events, future revenue or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, business trends and other information that is not historical information. These statements are based upon estimates and assumptions made by Vanguard’s management that, although believed to be reasonable, are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. When used in this press release, the words “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “forecasts,” “continues” or future or conditional verbs, such as “will,” “should,” “could” or “may,” and variations of such words or similar expressions are intended to identify forward-looking statements. These factors, risks and uncertainties include, but are not limited to: Vanguard’s high degree of leverage and interest rate risk; Vanguard’s ability to incur substantially more debt; operating and financial restrictions in Vanguard’s debt agreements; Vanguard’s ability to generate cash necessary to service its debt; weakened economic conditions and volatile capital markets; potential liability related to disclosures of relationships between physicians and Vanguard’s hospitals; post-payment claims reviews by governmental agencies could result in additional costs to Vanguard; Vanguard’s ability to grow its business and successfully implement its business strategies; Vanguard’s ability to successfully integrate The Detroit Medical Center, Valley Baptist Health System, and hospitals acquired in the future or to recognize expected synergies from such acquisitions; potential acquisitions could be costly, unsuccessful or subject Vanguard to unexpected liabilities; conflicts of interest that may arise as a result of Vanguard’s control by a small number of stockholders; the highly competitive nature of the healthcare industry; governmental regulation of the healthcare industry, including Medicare and Medicaid reimbursement levels in general and with respect to the impact of the Budget Control Act of 2011 and other future deficit reduction plans; a reduction or elimination of supplemental Medicare and Medicaid payments, including disproportionate share payments, indirect medical education/graduate medical education payments and other similar payments, would adversely impact Vanguard’s liquidity, results of operations and financial condition; pressures to contain costs by managed care organizations and other insurers and Vanguard’s ability to negotiate acceptable terms with these third party payers; Vanguard’s ability to attract and retain qualified management and healthcare professionals, including physicians and nurses; the currently unknown effect on Vanguard of the major federal healthcare reforms enacted by Congress in March 2010 or other potential additional federal or state healthcare reforms; potential adverse impact of known and unknown governmental investigations and audits; Vanguard’s failure to adequately enhance its facilities with technologically advanced equipment could adversely affect its revenues and market position; the availability of capital to fund Vanguard’s corporate growth strategy and improvement to its existing facilities; potential lawsuits or other claims asserted against Vanguard; Vanguard’s ability to maintain or increase patient membership in and to control costs of its managed healthcare plans; failure of the Arizona Health Care Cost Containment System (“AHCCCS”) to renew its contract with, or award future contracts to, Phoenix Health Plan would materially affect Vanguard’s business, profitability, financial condition and results of operations; Phoenix Health Plan’s ability to comply with the terms of its contract with AHCCCS, as noncompliance could subject it to fines, penalties or termination of its contract, which would materially affect Vanguard’s business, profitability, financial condition and results of operations; Vanguard’s inability to manage health plan claims expense within its health plans could reduce its profitability and adversely impact its liquidity and financial position; reductions in the enrollment of Vanguard’s health plans could have an adverse effect on its business and profitability; changes in general economic conditions nationally and regionally in Vanguard’s markets; Vanguard’s exposure to the increased amounts of and collection risks associated with uninsured accounts and the co-pay and deductible portions of insured accounts; dependence on Vanguard’s senior management team and local management personnel; volatility of professional and general liability insurance for Vanguard and the physicians who practice at its hospitals and increases in the quantity and severity of professional liability claims; Vanguard’s ability to achieve operating and financial targets and to maintain and increase patient volumes and control the costs of providing services, including salaries and benefits, supplies and other operating expenses; increased compliance costs from further government regulation of the healthcare industry and Vanguard’s failure to comply, or allegations of Vanguard’s failure to comply, with applicable laws and regulations; the geographic concentration of Vanguard’s operations; technological and pharmaceutical improvements that increase the cost of providing, or reduce the demand for, healthcare services and shift demand for inpatient services to outpatient settings; a failure of Vanguard’s information systems would adversely impact Vanguard’s ability to manage its operations; delays in receiving payments for services provided, especially from governmental payers; changes in revenue mix, including changes in Medicaid eligibility criteria and potential declines in the population covered under managed care agreements; costs and compliance risks associated with Section 404 of the Sarbanes-Oxley Act of 2002; material non-cash charges to earnings from impairment of goodwill associated with declines in the fair market value of Vanguard’s reporting units; volatility of materials and labor costs for, or state efforts to regulate, potential construction projects that may be necessary for future growth; changes in accounting practices; and Vanguard’s ability to demonstrate meaningful use of certified electronic health record technology and to receive the related Medicare or Medicaid incentive payments.
Vanguard’s forward-looking statements speak only as of the date made. Except as required by law, Vanguard undertakes no obligation to publicly update or revise any forward-looking statements contained herein, whether as a result of new information, future events or otherwise. Vanguard advises you, however, to consult any additional disclosures Vanguard makes in Vanguard’s other filings with the Securities and Exchange Commission. You are cautioned not to rely on such forward-looking statements when evaluating the information contained in this press release. In light of significant uncertainties inherent in the forward-looking statements included in this press release, you should not regard the inclusion of such information as a representation by Vanguard that the objectives and plans anticipated by the forward-looking statements will occur or be achieved or, if any of them do, what impact they will have on Vanguard’s financial condition, results of operations or cash flows.
Sunday, April 1, 2012
Health Care REIT, Inc. Announces Pricing of $600 Million of 4.125% Senior Notes
The company intends to use the net proceeds from this offering to redeem or settle upon conversion approximately $126 million aggregate outstanding principal amount of its 4.75% convertible senior notes due 2026 at a redemption price of 100% of principal amount plus accrued and unpaid interest or the conversion price specified in those notes, as the case may be, to repay up to $226 million of certain secured indebtedness and, to the extent of remaining proceeds, for general corporate purposes, including investing in health care and seniors housing properties. Pending such use, the net proceeds may be invested in short-term, investment grade, interest-bearing securities, certificates of deposit or indirect or guaranteed obligations of the United States.
Barclays Capital Inc., J.P. Morgan Securities LLC, and UBS Securities LLC acted as joint book-running managers for the offering.
The offering is being made pursuant to Health Care REIT’s shelf registration statement on file with the Securities and Exchange Commission. A copy of the prospectus supplement and accompanying prospectus relating to the offering may be obtained by contacting Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by phone (toll free): 888-603-5847 or by e-mail: barclaysprospectus@broadridge.com; J.P. Morgan Securities LLC, 383 Madison Avenue, New York, NY 10179, attention: Investment Grade Syndicate Desk, or by telephone collect at 212-834-4533; or UBS Securities LLC, Attention: Prospectus Specialist, 299 Park Avenue, New York, NY 10171, or by telephone toll free at 877-827-6444, ext. 561 3884.
This press release is not an offer to sell, nor a solicitation of an offer to buy securities, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About Health Care REIT. Health Care REIT, Inc., an S&P 500 company with headquarters in Toledo, Ohio, is a real estate investment trust that invests across the full spectrum of seniors housing and health care real estate. The company also provides an extensive array of property management and development services. As of December 31, 2011, the company’s broadly diversified portfolio consisted of 937 properties in 46 states. More information is available on the company's website at www.hcreit.com.
Forward-Looking Statements
This document may contain “forward-looking” statements as defined in the Private Securities Litigation Reform Act of 1995. When the company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. The company’s expected results may not be achieved, and actual results may differ materially from expectations. This may be a result of various factors, including, but not limited to, those factors discussed in the prospectus supplement and related prospectus and in the company's reports filed from time to time with the Securities and Exchange Commission. Completion of the proposed offering is subject to various factors, including, but not limited to, customary closing conditions. The company assumes no obligation to update or revise any forward-looking statements or to update the reasons why actual results could differ from those projected in any forward-looking statements.
Friday, March 23, 2012
Community Health Systems, Inc. Announces $300 Million Receivables Securitization Program
FRANKLIN, Tenn.--(BUSINESS WIRE)--
Community Health Systems, Inc. (the “Company”) (NYSE: CYH - News) announced today that its wholly-owned subsidiary, CHS/Community Health Systems, Inc. (“CHS”), and certain of CHS’ subsidiaries have entered into an accounts receivable securitization program (the “Receivables Facility”) with a group of conduit lenders and liquidity banks (the “Lenders”). Credit Agricolé Corporate and Investment Bank will serve as managing agent and the administrative agent and The Bank of Nova Scotia will also serve as managing agent. During the term of the Receivables Facility, these subsidiaries of CHS will sell all existing and future accounts receivable (the “Receivables”) to CHS, which will then sell or contribute the Receivables to CHS Receivables Funding, LLC, a bankruptcy-remote, special-purpose limited liability company. CHS Receivables Funding, LLC will in turn grant security interests in the Receivables to Credit Agricolé Corporate and Investment Bank in exchange for borrowings from the Lenders of up to $300 million outstanding from time to time based on the availability of eligible Receivables and other customary factors. Unless earlier terminated or subsequently extended pursuant to its terms, the Receivables Facility will expire on March 21, 2014, subject to customary termination events that could cause an early termination date.
The Receivables Facility will be more fully described in, and the principal agreements establishing the program will be filed as exhibits to, a Current Report on Form 8-K to be filed with the Securities and Exchange Commission.
About Community Health Systems, Inc.
Located in the Nashville, Tennessee, suburb of Franklin, Community Health Systems, Inc. is one of the largest publicly-traded hospital companies in the United States and a leading operator of general acute care hospitals in non-urban and mid-size markets throughout the country. Through its subsidiaries, the Company currently owns, leases or operates 134 hospitals in 29 states with an aggregate of approximately 20,000 licensed beds. Its hospitals offer a broad range of inpatient and surgical services, outpatient treatment and skilled nursing care. In addition, through its subsidiary, Quorum Health Resources, LLC, the Company provides management and consulting services to non-affiliated general acute care hospitals located throughout the United States. Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol “CYH.”
Forward-Looking Statements
Statements contained in this press release regarding our financing arrangements, their impact on the Company, and other events may include forward-looking statements that involve risks and uncertainties. Actual future events or results may differ materially from these statements. Readers are referred to the documents filed by Community Health Systems, Inc. with the Securities and Exchange Commission, including the Company’s annual report on Form 10-K, current reports on Form 8-K and quarterly reports on Form 10-Q. These filings identify important risk factors and other uncertainties that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
Wednesday, March 14, 2012
Health Net’s Board Increases Share Repurchase Authorization to $400 Million
LOS ANGELES--(BUSINESS WIRE)--
Health Net, Inc. (NYSE:HNT - News) today announced that, on March 8, 2012, its board of directors approved a $323.7 million increase to the company’s 2011 share repurchase program.
On May 2, 2011, Health Net’s board of directors authorized the company’s 2011 share repurchase program pursuant to which a total of $300 million of Health Net’s outstanding common stock could be repurchased. As of December 31, 2011, the remaining authorization under Health Net’s 2011 share repurchase program was $76.3 million.
Including the additional $323.7 million in newly authorized repurchase authority, Health Net currently has $400 million in remaining repurchase authority.
Subject to board approval, Health Net may repurchase its common stock under its share repurchase program from time to time in privately negotiated transactions, through accelerated share repurchase programs or open market transactions, including pursuant to a trading plan in accordance with Rules 10b5-1 and 10b-18 of the Securities Exchange Act of 1934, as amended, or by any combination of such methods. The timing of any repurchases and the actual number of shares repurchased will depend on a variety of factors, including the company’s stock price, corporate and regulatory requirements, restrictions under the company’s debt obligations, and other market and economic conditions. The share repurchase program may be suspended or discontinued at any time. The company intends to report on its repurchase activity in its quarterly financial disclosures.
About Health Net
Health Net, Inc. is a publicly traded managed care organization that delivers managed health care services through health plans and government-sponsored managed care plans. Its mission is to help people be healthy, secure and comfortable. Health Net provides and administers health benefits to approximately 6.0 million individuals across the country through group, individual, Medicare, Medicaid, U.S. Department of Defense, including TRICARE, and Veterans Affairs programs. Health Net’s behavioral health services subsidiary, Managed Health Network, Inc., provides behavioral health, substance abuse and employee assistance programs to approximately 5.0 million individuals, including Health Net’s own health plan members. Health Net’s subsidiaries also offer managed health care products related to prescription drugs, and offer managed health care product coordination for multi-region employers and administrative services for medical groups and self-funded benefits programs.
For more information on Health Net, Inc., please visit Health Net’s website at www.healthnet.com.
Cautionary Statements
Health Net, Inc. and its representatives may from time to time make written and oral forward-looking statements within the meaning of the Private Securities Litigation Reform Act (“PSLRA”) of 1995, including statements in this and other press releases, in presentations, filings with the Securities and Exchange Commission (“SEC”), reports to stockholders and in meetings with investors and analysts. All statements in this press release, other than statements of historical information provided herein, may be deemed to be forward-looking statements and as such are intended to be covered by the safe harbor for “forward-looking statements” provided by PSLRA. These statements are based on management’s analysis, judgment, belief and expectation only as of the date hereof, and are subject to changes in circumstances and a number of risks and uncertainties. Without limiting the foregoing, statements including the words “believes,” “anticipates,” “plans,” “expects,” “may,” “should,” “could,” “estimate,” “intend,” “feels,” “will,” “projects” and other similar expressions are intended to identify forward-looking statements. Actual results could differ materially from those expressed in, or implied or projected by the forward-looking information and statements due to, among other things, health care reform and other increased government participation in and regulation of health benefits and managed care operations, including the ultimate impact of the Affordable Care Act, which could materially adversely affect Health Net’s financial condition, results of operations and cash flows through, among other things, reduced revenues, new taxes, expanded liability, and increased costs (including medical, administrative, technology or other costs), or require changes to the ways in which Health Net does business; rising health care costs; continued slow economic growth or a further decline in the economy; negative prior period claims reserve developments; trends in medical care ratios; membership declines; unexpected utilization patterns or unexpectedly severe or widespread illnesses; rate cuts and other risks and uncertainties affecting Health Net’s Medicare or Medicaid businesses; litigation costs; regulatory issues with federal and state agencies including, but not limited to, the California Department of Managed Health Care, the Centers for Medicare & Medicaid Services, the Office of Civil Rights of the U.S. Department of Health and Human Services and state departments of insurance; operational issues; failure to effectively oversee our third party vendors; noncompliance by Health Net or Health Net’s business associates with any privacy laws or any security breach involving the misappropriation, loss or other unauthorized use or disclosure of confidential information; any liabilities of the Northeast business that were incurred prior to the closing of its sale as well as those liabilities incurred through the winding-up and running-out period of the Northeast business; Health Net’s ability to complete proposed dispositions on a timely basis or at all; investment portfolio impairment charges; volatility in the financial markets; and general business and market conditions. Additional factors that could cause actual results to differ materially from those reflected in the forward-looking statements include, but are not limited to, the risks discussed in the “Risk Factors” section included within Health Net’s most recent Annual Report on Form 10-K filed with the SEC and the risks discussed in Health Net’s other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. Except as may be required by law, Health Net undertakes no obligation to address or publicly update any of its forward-looking statements to reflect events or circumstances that arise after the date of this release.
Tuesday, March 6, 2012
HHS Says 105 Million No Longer Have Health Insurance Limits
HHS calculated how many Americans were enrolled in health insurance plans that imposed limits on how much they would pay out over a patient's lifetime. Such limits hit patients with costly diseases, such as cancer, especially hard.
“For years, Americans with lifetime caps imposed on their health insurance benefits have had to live with the fear that if an illness or accident happened, they could max out their health coverage when they needed it the most,” Sebelius said in a statement. “Now, because of the health care law, they no longer have to live in fear of that happening.”
HHS said it estimates that 70 million people in large employer plans, 25 million covered by small employer plans, and 10 million who bought their own health insurance had lifetime limits on their health benefits before the health reform law took effect.
Tuesday, February 21, 2012
Health Care REIT, Inc. Announces $508 Million of First Quarter 2012 Acquisitions
TOLEDO, Ohio--(BUSINESS WIRE)--
Health Care REIT, Inc. (NYSE:HCN - News) today announced it has completed $508 million of acquisitions in 2012. These acquisitions are in addition to the company’s previously announced transaction with Chartwell Seniors Housing REIT that is expected to close in the second quarter of 2012. In total, the transaction with Chartwell is $925.2 million including Health Care REIT’s investment of $503.3 million. Currency references are in US dollars and are based upon an exchange rate of CAD to USD of 1:1 for the Chartwell transaction.
During the first quarter, the company expanded its relationship with Belmont Village by acquiring six additional high quality seniors housing communities for $210 million. These communities will be added to the existing operating partnership and will continue to be managed by Belmont. In February, the company placed $111 million of debt on the two previously announced Belmont communities.
Also, during the first quarter, the company completed the acquisition of 11 medical office buildings for $298 million. These assets are affiliated with health systems and are currently 92% occupied. The acquisitions add three new health systems to the company’s portfolio bringing the total number of relationships to 54. New health system partners include MD Anderson, CHRISTUS Health System and Baylor Health Care System. The acquisitions total 858,000 rentable square feet, for an average size of 78,000 rentable square feet. The buildings offer outpatient services including oncology, orthopedics, ambulatory surgery, cardiology, women’s health and imaging and breast care. These acquisitions included an aggregate $158 million of assumed debt.
About Health Care REIT, Inc. Health Care REIT, Inc., an S&P 500 company with headquarters in Toledo, Ohio, is a real estate investment trust that invests across the full spectrum of seniors housing and health care real estate. The company also provides an extensive array of property management and development services. As of December 31, 2011, the company’s broadly diversified portfolio consisted of 937 facilities in 46 states.
Forward-Looking Statements and Risk Factors
This document may contain “forward-looking” statements as defined in the Private Securities Litigation Reform Act of 1995. When the company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions, it is making forward looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. The company’s expected results may not be achieved, and actual results may differ materially from expectations. This may be a result of various factors, including, but not limited to, the satisfaction of closing conditions to the transaction with Chartwell, including, among other things, the obtainment of certain lender consents, the parties’ performance of their obligations under the transaction agreements and the receipt of applicable healthcare licenses and governmental approvals. Additional factors are discussed in the company’s Annual Report on Form 10-K and in its other reports filed from time to time with the Securities and Exchange Commission. The company assumes no obligation to update or revise any forward-looking statements or to update the reasons why actual results could differ from those projected in any forward-looking statements.
Sunday, February 12, 2012
Everyday Health Surpasses 30 Million Monthly Unique Users; Strengthens its Lead Position as Number 1 Choice in ...
NEW YORK, Feb. 10, 2012 /PRNewswire/ -- Everyday Health, Inc., the largest provider of online health solutions, recorded a milestone by surpassing the mark of 30.2 million unique users per month in January (comScore Media Metrix). Everyday Health has further extended its lead and distanced itself from the competition in the online health space. According to the January 2012 comScore Media Metrix report, Everyday Health leads the online health category with a 39% advantage (or a difference of 8.4 million unique users) over the second-place competitor.
(Photo: http://photos.prnewswire.com/prnh/20111115/NY06503 )
(Logo: http://photos.prnewswire.com/prnh/20101112/NY00568LOGO )
Separately this week, AlwaysOn, a source for the analysis and prediction of top trends and companies in digital media, named Everyday Health to its OnMedia Top 100 list of the preeminent emerging companies in the world of media, advertising, marketing, branding and public relations. Everyday Health is the only health publisher included in this prestigious list. Inclusion in the OnMedia 100 signifies leadership amongst peer companies and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Everyday Health was specially selected on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz. This marked the second consecutive year EH has been named to this list.
The AlwaysOn Top 100 designation coupled with the comScore report is a further sign of Everyday Health's online leadership. Notably, comScore also reported that the company's MedPage Today, which targets healthcare professionals, achieved a 37% growth rate to 1.8 million unique users in the December-January period.
As a result of the continued increase in monthly unique users as measured by comScore, Everyday Health is able to more effectively provide premium, and increased, scale for marketers who are targeting health-minded consumers, and also is a sign of stability in the online health sphere of influence. Everyday Health is also recognized in the industry for its ability to offer an award-winning collection of marketing solutions and advertising programs.
"The secret to our success is very simple," noted Everyday Health chief executive officer Ben Wolin. "Everyday Health continues to create best-in-breed original health content that resonates with consumers, professionals and marketers across the entire health spectrum – from medical condition management to healthy lifestyle." (Note: Ben Wolin will be speaking Feb. 22 at the OnMedia NYC 2012 event, "Where Silicon Valley meets Madison Avenue" at Time Warner Center in New York City.)
About Everyday Health, Inc. ?
Attracting 30 million monthly unique visitors (comScore), Everyday Health, Inc. is the leading provider of online health solutions. The company offers consumers, healthcare professionals and marketers with content and advertising-based services. Its broad portfolio of websites and mobile applications span the health spectrum–from in-depth medical content for condition prevention and management to healthy lifestyle offerings. Everyday Health offers the tools, community, and expert advice people need to live healthier lives, every day. Everyday Health, the television series, is brought to you by EverydayHealth.com. Everyday Health was founded in 2002 by CEO, Ben Wolin, and President, Mike Keriakos.
Wednesday, February 8, 2012
Tango Health Raises $4 Million in Series B Funding
Tue, Feb 7, 2012, 8:50 AM EST - U.S. Markets open in 40 mins.
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