Healthways hints at developments at investor conference

Cool Springs-based Healthways presented Wednesday at a JPMorgan Chase conference in San Francisco and hinted at some big new developments. Among them is an "under construction" deal with a 23-hospital "major market" health system home to 1,600 doctors (mentioned roughly 17 minutes in here) that CEO Ben Leedle said typifies the services hospitals are looking for during today's turbulence in the health care sector.

Leedle also talked about the company's growing focus on obesity programs — evidenced by its newly expanded relationship with Johns Hopkins Medical that was announced on Monday. "Never before has there been an evidence-based model for this — and now there is," he said.

In addition, Leedle defended the classic disease management technique of telephonic reminders as a crucial component to the broader well-being models his team has developed. Ignore that component at your peril, he said.

Shares of Healthways (Ticker: HWAY) closed Wednesday trading at $7.57, down slightly on the day. They've fallen 27 percent over the past three months.

SEE ALSO: The company's announcement Wednesday morning that Hawaii's BlueCross plan will offer the SilverSneakers fitness program to its Medicare Advantage members