SOURCE: Virgin HealthMiles

Virgin HealthMiles

June 10, 2009 14:13 ET

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

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.

Contact Information

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