Wellness company Onlife Health has named Kevin Jett vice president of enterprise solutions.
In his new role, Jett will lead lead customer migration and device integration teams along with overseeing software and technological framework for the Brentwood company's wellness solutions. Jett was cofounder and chief technology officer at Calibrain and held leadership and engineering roles at Juris and PureSafety.
"Kevin is a hands-on expert in developing and architecting enterprise-level software solutions," Sameer Bhargava, Onlife Health chief information officer, said in a release. "He adds both technical depth and strength to Onlife's leadership team."
Healthways has entered into a two-year contract with New York-based EmblemHealth.
Through the deal, terms of which were not disclosed, Healthways will manage high-risk commercial, Medicare and Medicaid members of the health benefits and wellness company.
Using telephone coaching, educational materials and online tools, Healthways will support health management for patients with chronic conditions.
"EmblemHealth recognizes the opportunity to improve the health and well-being of it population and lower health care costs by offering programs and tools to address the root cause of disease rather than just treating the symptoms," Ben Leedle, Healthways president and CEO, said in a release. "Our shared commitment to well-being improvement will create a powerful partnership that will enhance the quality of the member health experience while managing costs."
Shares of Healthways (Ticker: HWAY) were up to $22.52 Thursday morning. In the last three months, they're up 43 percent.
Two big Healthways shareholders have filed papers updating us on their stakes in the Franklin-based wellness services provider. First up, the Jennison Associates unit of Prudential Financial continued to trim its stake in the fourth quarter. As of Dec. 31, the firm owned almost 1.5 million shares, or 4.2 percent, of Healthways. That's down from 7.6 percent three months earlier and more than 15 percent a year ago. Down in Atlanta, longtime investor Earnest Partners was a big seller in January. The firm this week filed forms showing it owned 7.4 percent of Healthways' shares on Dec. 31 but just 3.5 percent at the end of January. That would suggest it was one of the big sellers when hedge fund manager Steven Cohen's Point72 was buying big the day after the Healthways board said it was looking at its strategic options, including a sale of the company.
Shares of Healthways (Ticker: HWAY) were up slightly Wednesday morning to $21.56. They're up more than 40 percent over the past three months and about 10 percent from the day before the company announced its strategic review.
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