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CHS Makes Statement on Onsite
Health Industry Consolidation
VIENNA, VA – March 17, 2008 – Comprehensive Health Services, Inc. (CHS), a leading national workforce health management company specializing in onsite health care solutions, said today the acquisitions by Walgreens validate the strength and growth potential in the onsite health care industry.
“With CHS now the largest independent provider of onsite health services, we are well-capitalized and positioned to benefit greatly from our recent investments in technology and human capital,” said CHS Chairman and CEO Mel Hall. “CHS is an agile company that remains very focused on its customers and has the operating capacity to onboard large new clients. We have spent the last few years investing heavily in the systems and medical teams that are going to respond to the growth in the onsite industry.”
“It is very exciting to us that the economic feasibility of onsite healthcare has been further validated by recent entry into our industry by a mainstream health care company like Walgreen,” said Stuart Clark, CHS executive vice president. “As a privately held, clinically-driven company, CHS believes that it has a powerful value proposition of integration and leveraging the onsite health model to change patient behavior and ultimately reduce health care costs. Our substantial investments in outcomes reporting, onsite health coaching programs and clinical infrastructure will set a new standard in the onsite industry. CHS is very passionate about doing what is right for the customer – and that includes bringing innovation, technology, experience, and objectivity to the large employer.”
About Comprehensive Health Services
Founded in 1975, CHS is the industry’s trusted provider of employer sponsored health centers and national examination programs. Major corporations and government agencies look to CHS for workforce health and productivity management solutions including onsite primary care, occupational health and pharmacy services, as well as nationwide medical surveillance, pre-placement and fitness-for-duty exams. CHS’ onsite health centers provide a range of treatment and prevention programs focused on acute and chronic health conditions. CHS tailors health care delivery to employers’ overarching benefits strategies and supports each organization with integrated health information systems. CHS can also deploy medical readiness teams to respond to employers’ health care needs on an emergency basis. For more information, visit the CHS web site at www.chsmedical.com.
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