American Healthways No. 5 on Fortune’s 100 Fastest Growing Companies in America
Business Editors/Health/Medical Writers
NASHVILLE, Tenn.–(BUSINESS WIRE)–Aug. 12, 2003
American Healthways (Nasdaq: AMHC), the nation’s leading provider of comprehensive disease management and care enhancement services, received its third national ranking in as many months, attaining the No. 5 spot on FORTUNE magazine’s 15th annual list of America’s 100 Fastest Growing Companies and the No. 2 spot for total return on investment, according to the September issue due on newsstands Aug. 18 and at www.fortune.com.
“FORTUNE’s ranking is a direct reflection of the value American Healthways is bringing to health plans, employers and investors throughout the country,” said Ben R. Leedle Jr., president and COO. “Disease management is one of the few solutions to the rising health-care costs plaguing the nation, and we’re seeing that our comprehensive product offering not only improves lives but is producing the kinds of savings that make a real difference for our customers.”
To compile the list, FORTUNE enlisted the services of Zacks Investment Research. The Chicago firm searched its database for publicly traded companies based in the U.S., with a minimum market cap of $50 million and at least $50 million in revenue over the past four quarters. A ranking was then assigned to each company based on earnings growth, revenue growth and total investment returns.
Last month, American Healthways ranked No.1 on FSB: FORTUNE Small Business magazine’s list of 100 Fastest Growing publicly traded small businesses in America. In June, the Company also made BusinessWeek magazine’s annual list of 100 Hot Growth companies in America and was added to Standard & Poor’s “S&P SmallCap 600 Index.”
About American Healthways
American Healthways (AMHC) is the nation’s leading and largest provider of specialized, comprehensive disease management and care enhancement services to health plans, physicians, medical management organizations and hospitals. The Company’s programs have been reviewed and approved for clinical excellence by Johns Hopkins and have been certified or accredited by the National Committee on Quality Assurance (NCQA), the Joint Commission on Accreditation of Health Care Organizations (JCAHO), and the American Accreditation Healthcare Commission (URAC). American Healthways has contracts to provide disease and care management programs to 844,000 equivalent lives in all 50 states, the District of Columbia, Puerto Rico and Guam. The Company also operates diabetes management programs in hospitals nationwide. For more information visit www.americanhealthways.com.
COPYRIGHT 2003 Business Wire
COPYRIGHT 2003 Gale Group