Tivity Health

Tivity Health is a provider of health improvement, nutrition, fitness and social engagement solutions.[4] Tivity Health acquired Nutrisystem Inc. in March of 2019 to enable the company to provide a holistic set of fitness, nutrition and social engagement programs that address social determinants of health.[5] Tivity Health is headquartered in Franklin, Tennessee with offices in Fort Washington, Pennsylvania and Chandler, Arizona.[6] The company was founded in 1981 as American Healthways and rebranded to Tivity Health in 2017.[1] Tivity Health is led by Chief Executive Officer Donato Tramuto.[5]

Tivity Health
Traded asNASDAQ: TVTY
IndustryHealth care
Founded1981[1]
Headquarters,
United States
Area served
United States, Brazil, France, Germany
Key people
[2]
ServicesDisease management
Revenue US$606,299,000 (2018)[3]
US$133,805,000 (2018)[3]
US$98,803,000 (2018)[3]
Number of employees
2,500+ (2015)
Websitewww.tivityhealth.com

History

In 2003, the company's name changed from American Healthways to Healthways in order to better compete for business outside the United States.[7]

In 2006, Healthways acquired Axia Health Management, which had both SilverSneakers and QuitNet, a company that spun-out as a for-profit entity in 2000, in its portfolio.[8]

In 2009 Healthways acquired HealthHonors, a behavior economics company that specializes in behavior change science and use of incentives.[9]

In 2010, Blue Zones and Healthways teamed up to create, support, and sustain a national movement to improve community health and well-being.[10]

In 2011, Healthways acquired Navvis & Company.[11]

In 2013, Healthways and The Lampo Group, Inc. entered into an exclusive agreement for Healthways to deliver the CORE Financial Wellness program as part of its Well-Being Improvement Solution.[12]

Also in 2013, Healthways contracted with Dean Ornish to operate and license his Lifestyle Management Programs.[13]

In 2014, Healthways operated eight Well-Being Improvement Centers (WBICs) across the US, and three international facilities.[14]

In 2016, Healthways divested its subsidiary MeYou Health.[15]

In 2017, Healthways rebranded to Tivity Health.[1]

In 2019, Tivity Health acquired Nutrisystem Inc.[5]

Awards and Recognitions

Tivity Health annually hosts the Connectivity Summit on Rural Aging, which focuses on the social determinants of health.[16]

In 2003, the company topped a list of "America's fastest-growing small companies," based on earnings/share growth, revenue growth, and total return.[17]

References

  1. Holly Fletcher (January 10, 2017). "Healthways rebrands as Tivity Health". The Tennessean.
  2. Kennedy, Eleanor (30 October 2015). "New Healthways CEO: Performance has been 'unacceptable,' company 'suffered from a lack of focus'". Nashville Business Journal. Tramuto [has] served as chairman of the company's board since last year, and was slated to officially take the CEO role Nov. 1, but appears to have done so earlier than planned.
  3. "Tivity Health, Inc. (TVTY)". Yahoo! Finance. Retrieved November 8, 2019.
  4. "Tivity partners with Walmart Health". The Nashville Ledger. November 8, 2019.
  5. Allison Prang (December 10, 2018). "Tivity Health to Buy Nutrisystem for $1.4 Billion". The Wall Street Journal.
  6. "Tivity Health Inc". Bloomberg L.P. November 18, 2019.
  7. "American Healthways changes name, ticker symbol". Nashville Business Journal. 31 January 2006. Retrieved 15 December 2008.
  8. David J. Craig. "BU spin-off creates online community of smokers kicking butts". Retrieved April 11, 2010.
  9. "Healthways Acquires HealthHonors To Advance Sustained Engagement in Healthy Behaviors". Benzinga. October 14, 2009.
  10. "Healthways, Blue Zones Enter into Exclusive Agreement to Improve Well-Being of U.S. Communities". www.businesswire.com.
  11. "Navvis Healthcare, LLC: Private Company Information". Bloomberg.
  12. "Check out the latest from Dave Ramsey!". www.daveramsey.com.
  13. "Healthways and Dr. Dean Ornish Join Forces to Bring Proven Treatment for Reversing Chronic Disease to Millions". marketwatch.com.
  14. Sharecare. "About Healthways". www.healthways.com.
  15. Ryan McBride (September 21, 2018). "MeYou Health Enters Social Gaming Realm with Daily Challenge for Improving Well-Being". Xconomy.
  16. "Tivity rural aging summit reception". NashvillePost.com. September 4, 2019.
  17. "The FSB One Hundred America's Fastest-Growing Small Companies". CNN Business. July 1, 2013.
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