SAN DIEGO, March 12, 2012 (GLOBE NEWSWIRE) -- American Specialty Health (ASH), a leading national health services company, today announced historic growth in annual revenue, eligible members and new products for the year ending December 31, 2011. Revenues grew by 17.8 percent, from $155.7 million in 2010 to $183.4 million in 2011. During the year, the company also expanded the number of total eligible members by 44.7 percent, increasing from 17.9 million members in 2010 to 25.9 million members in 2011.
"During 2011, all three of our key business units -- specialty network management, fitness and exercise, and total population health and wellness/prevention -- contributed significantly to our overall success," said George DeVries, co-founder, CEO and chairman of ASH. "Our historic growth is the result of 25 years of innovative product development and a rock-solid commitment to operational excellence and best-in-class customer service. Most of our new membership growth came from the expansion of long-established customer relationships, dating back in some cases over twenty years. We are pleased so many of our long-established customers, as well as many new customers, are turning to ASH for the expansion or implementation of cutting-edge health care programs."
American Specialty Health offers a wide range of solutions for specialty network management programs, fitness and exercise programs, and total population health and prevention/wellness programs for health plans, insurance carriers, employer groups and trust funds through its various subsidiaries and products, including Healthyroads, American Specialty Health Group, Silver&Fit, ExerciseRewards, American Specialty Health Insurance Company and others.
Additional 2011 American Specialty Health Milestones
Membership Growth
- 41 percent increase in specialty network management membership;
- 45 percent increase in Healthyroads membership. Healthyroads provides prevention/wellness and total population health programs; and
- 40 percent increase in Silver&Fit membership. Silver&Fit provides fitness and exercise programs for Medicare programs.
Newly Launched Services/Programs
- Healthyroads Condition Coaching as a full replacement for disease management;
- Health Navigator, which allows members to receive personalized follow-up phone calls about their biometric screening and/or HRA results;
- EngageHealthyroads.com, providing customized communications for employer groups;
- Mobile device access and SMS texting capability for total population health and prevention/wellness programs; and
- Expanded Healthyroads incentives administration capabilities.
Awards and Recognition
In 2011, ASH was named among:
- Inc's 5000 Fastest Growing Private Companies in America (third year in a row);
- San Diego Business Journal's 100 Fastest Growing Private Companies in San Diego (third year in a row);
- National Business Group on Health's Best Employers for a Healthy Lifestyle-Gold (fourth year in a row);
- San Diego Business Journal's Healthiest Employers in San Diego (two years in a row); and
- American Heart Association's Gold Start! Fit-Friendly Company award winners.
The company also received more than 90 national marketing and communications awards, including:
- 2011 Platinum eHealthcare Leadership award for Healthyroads.com;
- Gold Marketing Team of the Year from Best in Biz for Healthyroads Engage! Creative Group; and
- Best Ad/Creative/MarCom Team, plus Best Marketing Communications Team, from the League of American Communications Professionals (LACP) for Healthyroads Engage! Creative Group.
About American Specialty Health
American Specialty Health Incorporated (ASH) is a national health services company that provides specialty network management programs, fitness and exercise programs, and total population health and prevention/wellness programs to health plans, insurance carriers, employer groups and trust funds. Based in San Diego, ASH has more than 800 employees and serves over 25.9 million members. ASH subsidiaries and products include Healthyroads, Inc., Silver&Fit, ExerciseRewards, American Specialty Health Insurance Company and American Specialty Health Group, Inc. For more information about ASH programs, visit ASHCompanies.com or call (800) 848-3555. Follow us on Twitter at www.Twitter.com/ASHCompanies.