Hooper Holmes (NYSE Amex:HH) today announced the appointment of Susheel K. Jain as Senior Vice President, Health Care. Mr. Jain is responsible for sales, business development, product strategy and account management of the Company’s Health & Wellness service lines, including biometric screenings, Hooper Holmes OnSite health coaching, engagement counseling, claims processing, results-based incentives, and more. For the past three years Mr. Jain served as Vice President, New Solutions Design for WellPoint, Inc., one of the largest health benefits companies in the United States. At WellPoint he was responsible for developing new care management services including integrated wellness and incentive solutions. He also led strategy and development for WellPoint’s clinical information exchange platform and chaired the company’s Product Development and Innovation Council. “Susheel is a motivated, experienced senior executive who will continue to expand our Health & Wellness business,” said Ransom J. Parker, President and CEO of Hooper Holmes. “He will be leading a skilled and proven team of professionals who have built a rapidly growing health and wellness client base and who are eager to broaden our portfolio of services to meet the needs of our wellness customers.” “Hooper Holmes Health & Wellness has experienced double-digit growth each year since its launch in 2007 and created a foundation that is poised for significant growth in a large and growing market,” said Susheel Jain. “This is an exciting time to join Hooper Holmes. I am looking forward to providing the leadership and vision that will help us capture opportunities for growth and new business in this important field.” Prior to WellPoint Mr. Jain served as Vice President, Corporate and Product Strategy for Resolution Health, a data analytics-driven personal health care guidance company acquired by WellPoint in 2008. Mr. Jain’s previous positions include Senior Vice President, Federal Healthcare for ACS Government Solutions, where he was responsible for a $50 million sales pipeline and for developing product innovations that translated into substantial new sales. He also served as Director of Government Programs and Corporate Operations at CorSolutions Medical, Inc. Prior to CorSolutions he served as Vice President and Principal at Security Health Providers, Inc. He began his health care career as Senior Consultant, Managed Care at First Health / Alta Health Strategies. He received his B.S. in Premed and Anthropology from Pennsylvania State University and his M.A. in Medical Anthropology from Case Western Reserve University.
About Hooper HolmesHooper Holmes is a leader in collecting personal health data and transforming it into useful information, enabling customers to take actions that manage or reduce their risks and expenses. With presence in hundreds of markets and a network of thousands of examiners, Hooper Holmes can arrange a medical exam anywhere in the U.S. and deliver the results to its customers. Hooper Holmes has four divisions. Portamedic provides a wide range of medical exam services nationwide. Heritage Labs tests millions of samples annually and helps life insurers improve underwriting performance by better applying the predictive powers of today’s tests. Hooper Holmes Health & Wellness provides a complete service for wellness, disease management, and managed care companies including scheduling support, fulfillment of supplies, blood collection kits, medical screenings, lab testing and data transmission. Hooper Holmes Services reduces the insurance sales cycle through integrated data collection, tele-interviewing and underwriting services. This press release contains “forward-looking” statements, as such term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company’s current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions. Among the important factors that could cause actual results to differ materially from those expressed in, or implied by, these forward-looking statements are our ability to successfully implement our business strategy; uncertainty as to our working capital requirements over the next 12 to 24 months; our ability to maintain compliance with the financial covenant in our credit facility; our expectations regarding our operating cash flows; and the rate of life insurance application activity. Additional information about these and other factors that could affect the Company’s business is set forth in the Company’s annual report on Form 10-K for the year ended December 31, 2010, filed with the Securities and Exchange Commission on March 14, 2011. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events, except as required by law.