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Employee Health Programs Provider Virgin HealthMiles Reports Outstanding Growth in FY 2008-2009
Company Experiences 313% Growth in New Member Enrollments and Reaches 100 Billion Steps Milestone by Members
| Source: Virgin HealthMiles
BOSTON, MA--(Marketwire - June 10, 2009) - 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 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 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.