Hooper Holmes Announces Contract Award by University of Michigan
August 06 2015 - 9:00AM
Business Wire
Hooper Holmes, Inc. (NYSE MKT: HH), a leading provider of
health, wellness and biometric screening services today announced
the award of a new service contract with the University of Michigan
for its Health and Retirement Study, a longitudinal study on
health, retirement and aging sponsored by the National Institute on
Aging that follows approximately 20,000 Americans over the age of
50 every two years. The contract award follows the University’s
competitive bid process and two successful initial pilots in
2010-2011 and 2013, during which Hooper also worked with the
University to establish custom protocols.
Under the terms of the contract, set to start in the second half
of 2015, Hooper will be an integral partner responsible for the
specialized collection of various biomarkers for an estimated
12,000 participants. The contract is set to run through December
31, 2016 with an optional one-year extension. Hooper’s ability to
offer flexible collection capabilities which can be tailored to
meet the client’s unique needs, along with its extensive national
network of health professionals, allows Hooper to deliver quality
screening services beyond employer groups, to also support more
complex clinical and academic research.
“Hooper is pleased to have the opportunity to partner with the
University of Michigan for the collection of blood specimen and
biometric markers in support of its Health and Retirement Study,”
said Henry Dubois, President and Chief Executive Officer and of
Hooper. “It is a privilege to work with such a prestigious
organization and be part of such a meaningful study. We are
committed to delivering the highest level of quality and reliable
service for the sponsors and participants alike. Hooper has a
compelling service offering, research experience, and national
footprint, to help clinical research organizations collect data for
their studies. Being chosen for this study is a testament to
Hooper’s success as we continue to focus and expand within the
clinical research market.”
About the Health and Retirement StudyThe University of
Michigan Health and Retirement Study (HRS) is a longitudinal panel
study that surveys a representative sample of approximately 20,000
Americans over the age of 50 every two years. Supported by the
National Institute on Aging (NIA U01AG009740) and the Social
Security Administration, the HRS explores the changes in labor
force participation and the health transitions that individuals
undergo toward the end of their work lives and in the years that
follow. The study is based at the University of Michigan Institute
for Social Research (ISR), the world’s largest academic survey and
social science research organization. For more information about
ISR, visit home.isr.umich.edu.
Since its launch in 1992, the study has collected information
about income, work, assets, pension plans, health insurance,
disability, physical health and functioning, cognitive functioning,
and health care expenditures. Through its unique and in-depth
interviews, the HRS provides an invaluable and growing body of
multidisciplinary data that researchers can use to address
important questions about the challenges and opportunities of
aging.
The full scope of the study is described in the publication
Growing Older in America: The Health and Retirement Study; an
overview is provided in our general brochure.
About Hooper HolmesHooper Holmes mobilizes a national
network of health professionals to provide on-site health
screenings, laboratory testing, risk assessment and sample
collection services to wellness and disease management companies,
employers and brokers, government organizations and academic
institutions nationwide. Under the Accountable Health Solutions
brand, the Company combines smart technology, healthcare and
behavior change expertise to offer comprehensive health and
wellness programs that improve health, increase efficiencies and
reduce healthcare delivery costs.
More information is available at hooperholmes.com and at accountablehealthsolutions.com.
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. Additional
information about the 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, 2014, filed with the Securities and
Exchange Commission on March 31, 2015. 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150806005223/en/
Hooper Holmes, Inc.Henry E. Dubois, President and CEO,
913-764-1045orInvestors:S.M. Berger & CompanyAndrew Berger,
216-464-6400