is putting its acquisition of disease-management company
LifeMasters Supported SelfCare
on hold, the health-services provider said Friday morning.
In announcing the delay, Healthways cited a data and reporting error "made by a third party that affects one of LifeMasters' contracts."
As a result, the planned merger, announced on May 30, will not close on the original target date of Sept. 1, Healthways said.
Both companies "remain focused on completing a transaction," Healthways said in a statement.
Healthways shares were recently down 22 cents, or 0.4%, to $51.81 in premarket trading.