DALLAS, Jan. 11 Citing aging and the declining healthstatus of the 78 million Baby Boomers in conjunction with skyrocketing healthcosts in the United States, U.S. Preventive Medicine, Inc. is predictingrobust growth for the company in the years ahead.
"According to a recent Forrester Research report, two-thirds of employerscurrently or plan to include wellness and disease management programs in theirhealth benefit offerings. We are already seeing growth in demand for ourclinically-based care management programs, which are bundled into three tiersof The Prevention Plan(TM)," said Christopher Fey, U.S. Preventive Medicine(R)Chairman and CEO. "These same companies are looking for a one stop preventionsolution, which U.S. Preventive Medicine brings to the table."
"As the emerging leader in prevention, we are focused on organizing thefragmentation that exists across the continuum of prevention, early detectionand chronic condition management to realize improved health outcomes whilereducing health care costs," said Fey. "We see an almost unlimited opportunityahead, in spite of the fact that the U.S. economy appears to be slowing goinginto 2008. We are on an unprecedented growth trajectory and do not see anyslowing in our business as a result."
During the past 12 months, U.S. Preventive Medicine has evolved from adevelopment stage company into an integrated, preventive health care companyproviding comprehensive health care services in seven states for individualswith chronic conditions such as asthma, diabetes, Chronic Heart Failure,Chronic Obstructive Pulmonary Disease, high risk OB/GYN, mental illness andmany other complex conditions. The company also is launching The PreventionPlan(TM), a ground breaking new preventive health benefit, as well asexpanding its system of Centers for Preventive Medicine. The Company recentlyannounced its expansion into the United Kingdom.
About U.S. Preventive Medicine:
U.S. Preventive Medicine(R), a privately owned company, is building thefirst health network in the United States and internationally focused onprevention. USPM offers employers, government agencies and consumersproprietary products that include The Prevention Plan(TM), a groundbreakingpersonalized wellness program delivered online to individuals; The PreventionPlan CM(TM), field-based chronic disease management programs customized foremployers and government agencies to reduce healthcare costs; and The Centersfor Preventive Medicine(R), which offer high-tech diagnostic screeningsdelivered to consumers in partnership with hospitals, health systems and otherproviders. For more information, please visit www.USPreventiveMedicine.com.
This news release contains forward-looking statements, which may notaccurately reflect our actual results of operations. Some of the informationin this news release contains forward-looking statements within the meaning ofthe federal securities laws. Forward-looking statements typically areidentified by use of terms like "may," "will," "expect," "anticipate,""estimate," and similar words, although some forward-looking statements areexpressed differently. The reader should be aware that our actual resultscould differ materially from those contained in the forward-looking statementsdue to a number of factors, including insufficient capital resources,inability to compete effectively, adverse economic conditions, unanticipateddifficulties in product development and inability to gain market acceptanceand market share.
SOURCE U.S. Preventive Medicine