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Feb 29, 2008
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MHMR Feb. 29, 2008: Volume 16, Number 4
Market for wellness scattered…Healthways lowers outlook…At presstime: stocks dive…Chart: Top wellness companies…AIPM, Free & Clear, Gordian, Health Designs, Health Dialog, HealthFitness, HMC, HealthMedia, Health & Wellness Institute, Healthways, Healthwise, HPN, IncentaHealth, Marathon, Matria, Preventure, SimplyWell, StayWell, Tangerine, US Corporate Wellness, Virgin HealthMiles, Weight Watchers, Wellness Corporate Solutions, Wellness Inc., Wellsource…MCO stocks fall 3.5%...Services stocks fall 4.4%...and more…
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MARKET FOR WELLNESS IS SCATTERED
The market for wellness products and services remains highly scattered, with very few standalone wellness vendors emerging as market leaders, according to a new study titled ROI and Outcomes of Wellness Initiatives, 2008 from Corporate Research Group, publisher of this newsletter.
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HEALTHWAYS LOWERS ’08 OUTLOOK
Shares in disease management and wellness company Healthways Inc. (Nashville, TN) plummeted 30% on Feb. 26 after the company announced that it was reducing its fiscal 2008 earnings and revenues outlook because of lower-than-expected enrollment in one of its programs and the failure of two anticipated contracts to materialize this year.
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