Employee Health Programs Provider Virgin HealthMiles Reports Outstanding Growth in FY 2008-2009
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BOSTON, MA, Jun 10 (MARKET WIRE) --
Virgin HealthMiles, a leading provider of employee health and
productivity programs that reward individuals for getting healthy, today
announced significant annual growth over the 2008-2009 fiscal year.
Fueling Virgin HealthMiles' momentum is the company's surge in member
enrollment in its program, which provides employees with incentives for
increased activity and healthy behaviors; interactive challenges to
improve employee engagement; and a combination of activity and biometric
tracking devices, along with a personalized online program portal, to
help employees monitor their daily activity and track measureable health
outcomes. Over the past year, the company, which is part of Sir Richard
Branson's global Virgin Group, experienced an impressive 313% increase in
new members. Currently, Virgin HealthMiles represents over 500,000
employees across the U.S. and members have collectively taken more than
100 billion steps on the program since its inception in 2006.
"Both the public and private sectors are focusing on the enormous burden
that physical inactivity and lifestyle related diseases place on
workforce productivity and soaring healthcare costs. There's a critical
need to invest in preventative solutions to these serious issues, which
has fueled our significant growth," said Chris Boyce, CEO of Virgin
HealthMiles. "More than 75% of U.S. medical costs are driven by chronic
conditions, according to the CDC. Virgin HealthMiles'
Pay-for-Prevention(TM) approach is a proven path for keeping our workplace
healthy and containing healthcare costs. Through our program, employees
are able to make measureable health changes, and companies can finally
integrate and measure the success of their wellness initiatives and use
that data to improve engagement levels and negotiate lower healthcare
premiums."
Leading employers continue to turn to Virgin HealthMiles for their
prevention and cost reduction initiatives. The company has experienced
growing interest from the healthcare, education, and government sectors
over the past year. New client wins for the 2008-2009 fiscal year include
West Jefferson Medical Center, San Antonio Independent School District,
South San Antonio Independent School District, and the Commonwealth of
Kentucky. Many of these companies cite the Virgin HealthMiles program's
end-to-end approach, which helps companies assess and benchmark employee
health, measure progress and health outcomes, and lower healthcare costs
as a key reason for selection. Additional reasons for selecting the
program include its ability to engage employees in adopting long-term
healthy behaviors; the program's activity and biometric tracking devices,
which provide validated activity and health data; and the program's
reporting features, which provide important data detailing program impact.
"Our wellness initiative is an investment in our people and our business,"
said Kathleen Asser Weslock, SunGard's Chief Human Resources Officer.
"Virgin HealthMiles is a perfect fit for SunGard's overall wellness
strategy. By giving our employees the tools and support to make voluntary
behavior changes, we're helping them reduce their health risks and improve
their quality of life. For SunGard, this means a more productive workforce
and lower healthcare costs."
"The Virgin HealthMiles program has been a major part of our success to
date. With its exciting, innovative, and fun approach, it has helped us
create greater awareness of the benefits of increased physical activity.
We continue to see changes in employee behavior as a result of the
program and employees have reported positive results in weight loss,
reductions in blood pressure and cholesterol and increased energy levels."
Additional Virgin HealthMiles milestones over the past year include
significant interest from the government and healthcare sectors, as well
corporate expansions and new senior executive hires hailing from
Microsoft, Ingenix, and Oracle -- most notably Tom Abshire, senior vice
president, marketing and consumer engagement; Peter Wagner, senior vice
president, sales; and A.R. Weiler, senior vice president, strategic
channels and alliances. Virgin HealthMiles experienced a 45% growth in
new hires nationwide. The company was also selected as one of the 30
"Best Places to Work" in the April 2009 issue of Outside Magazine.
About Virgin HealthMiles
Virgin HealthMiles provides employee health programs that pay people to
get active. The company's Pay-for-Prevention(TM) approach, based on
physical activity and healthy lifestyle change, attracts an average of
40% of employees who participate, which helps organizations reduce
medical costs and improve employee productivity and satisfaction. Over
100 industry leaders, including American Diabetes Association,
Commonwealth of Kentucky, Hospital Corporation of America-Shared
Services, Shands Jacksonville Medical Center, and SunGard, have selected
Virgin HealthMiles' award-winning program for their employees. For more
information, visit www.virginhealthmiles.com.
About SunGard
SunGard is one of the world's leading software and IT services companies.
SunGard serves more than 25,000 customers in more than 70 countries,
including the world's 25 largest financial services companies.
SunGard provides software and processing solutions for financial services,
higher education and the public sector. SunGard also provides disaster
recovery services, managed IT services, information availability
consulting services and business continuity management software.
With annual revenue exceeding $5 billion, SunGard is ranked 435 on the
Fortune 500 and is the largest privately held business software and
services company on the Forbes list of private businesses. Based on
information compiled by Datamonitor*, SunGard is the third largest
provider of business applications software after Oracle and SAP.
Continuity, Insurance & Risk has recognized SunGard as service provider
of the year an unprecedented five times. For more information, please
visit SunGard at www.sungard.com.
Contact:
Kathy Wilson
Tier One Partners
(781) 652-0499
Email Contact
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