This article is about the health care company, for the scuba gear company, see Healthways (scuba gear company).
Type Public
Industry Health care
Founded 1981[1]
Headquarters Franklin, Tennessee, United States
Key people Ben Leedle (CEO)
Services Disease management
Revenue increase US$736,243,000 (2008)[2]
Operating income increase US$113,482,000 (2008)[2]
Profit increase US$54,815,000 (2008)[2]
Total assets increase US$906,813,000 (2008)[2]
Total equity decrease US$354,334,000 (2008)[2]
Employees 3,500 (2007)

Healthways (NASDAQHWAY) is a disease management company founded in 1981 and headquartered in Franklin, Tennessee.

In 2003, the company topped a list of "America's fastest-growing small companies," based on earnings/share growth, revenue growth, and total return.[3] The company's name was changed from "American Healthways" (NASDAQ: AMHC) to "Healthways" (NASDAQ: HWAY) in 2006 in order to better compete for business outside the United States.[4] In 2008, the company's stock price decreased because it lost Blue Cross and Blue Shield of Minnesota as a customer and because a Medicare experiment on disease management (in which the company had participated) had produced "disappointing results".[5] In 2009 Healthways acquired HealthHonors, a behavior economics company that specializes in behavior change science and optimized use of incentives.



SilverSneakers is a fitness program designed for older adults. SilverSneakers is owned by Healthways. SilverSneakers is offered to people who are Medicare-eligible, to group retiree members and to members of other sponsoring organizations.[6]

SilverSneakers originated in 1992 when HealthCare Dimensions, Inc. was founded Tempe, Arizona which later merged with several other health-related companies to form Axia Health Management, Inc. In 2006 Healthways purchased Axia.[7]


QuitNet is an online smoking cessation system emphasizing social support as a mechanism for behavior change. The system originated at Boston University's School of Public Health in 1995 as a demonstration project and was spun-out as a for-profit entity in 2000.[8] The company was later merged along with SilverSneakers and others to form Axia Health Management, Inc. and ultimately acquired by Healthways in 2006.


  1. ^ "Our Story". Healthways. Retrieved 12 December 2008. 
  2. ^ a b c d e "2008 Annual Report" (PDF) (Press release). Healthways. Retrieved 2008-01-12. 
  3. ^ "The FSB One Hundred: America's fastest-growing small companies". FSB: FORTUNE Small Business. 1 July 2003. Retrieved 15 December 2008. 
  4. ^ "American Healthways changes name, ticker symbol". Nashville Business Journal. 31 January 2006. Retrieved 15 December 2008. 
  5. ^ Abelson, Reed (7 April 2008). "For one company, role in Medicare experiment has hurt stock". New York Times. Retrieved 15 December 2008. 
  6. ^ Ronda Bresnick Hauss. "Medicare Eligible Participants Get No-Cost Gym Membership and Specially Designed Exercise Classes". Retrieved November 11, 2009. 
  7. ^ "Healthways buys Axia for $450M". Retrieved November 11, 2009. [dead link]
  8. ^ David J. Craig. "BU spin-off creates online community of smokers kicking butts". Retrieved April 11, 2010. 

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