Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Stayhealthy.com: Monitoring your wellness on the Web -- Ignore unavailable to you. Want to Upgrade?

To: Ted M who wrote (1076)	12/28/2000 10:33:07 AM
From: Eric Fader	Respond to of 3785

Ted - you recall correctly. They're also the folks with the current stock price in the 2's after a 52-week high of 40, and the numerous class actions against them for misleading press releases. They're basically purveyors of an Internet spin on telemedicine for the elderly and chronic-disease market and are not competitors to Stayhealthy. The only similarity is that insurers should be interested in both companies' approaches. -Eric

To: Ted M who wrote (1076)	1/3/2001 6:39:32 PM
From: Eric Fader	Read Replies (1) \| Respond to of 3785

From "Wellness Program Management Advisor" - redacted and paraphrased to avoid copyright infringement charges <g>. Their article is titled "Top Trends for 2001: Increased Emphasis on Health Promotion Leads Trends in Wellness Arena" and is based on experts’ predictions, survey results and their own forecasts. Corporate health promotion programs are becoming more prevalent and nine in 10 worksites in the U.S. now sponsor at least one "health-promoting activity." Rising healthcare costs and other pressures are likely to contribute to further expansion of the programs over the next five years. Employers' objectives in sponsoring health promotion programs include keeping workers healthy (84% of survey respondents), improving employee morale (77%), reducing healthcare costs (76%) and retaining good employees (75%). In 1996, national health spending topped $1 trillion. Less than 5% of the national health budget is devoted to disease prevention and health promotion. E-health companies involved in wellness programs include interactive education companies like [Stayhealthy strategic partner] WellMed and StayWell. Online disease management companies named were Accordant, Physicians Online, LifeMasters and Protocol Driven Healthcare.