BASKING RIDGE, N.J. -- Hooper Holmes (AMEX:HH) today announced the launch of a new, standardized training program for all paramedical examiners who have not previously performed services for the Company. The proprietary, computer-based training system will be rolled out in November with the aim of insuring all new examiners receive the same high quality education and training from the Company's Portamedic locations nationwide.
Portamedic is the country's leading provider of physical examinations, testing and personal health interviews conducted by experienced medical professionals. With a national network of 9,000 examiners, Portamedic can provide an examination at any U.S. address. These services are principally used by the life insurance industry and by the rapidly-growing health and wellness sector. Examiners perform a wide variety of data and specimen collection tasks, including collecting blood and urine samples and administering electrocardiograms. Most Portamedic examiners are independent contractors.
As part of this initiative, examiners who have not previously performed services will be required to complete two mandatory training modules and successfully complete ten error-free exams within each module before being allowed to perform exams on a regular basis. This new training initiative also includes exams performed under the supervision of an experienced examiner. The system is designed to allow examiners to increase their earnings potential by taking additional training courses and acquiring new skills in more technical areas such as administering Timed Vital Capacity tests, and to advance to become Senior Examiners.
"The examiners who work with us are hard-working and dedicated, and they have set a high bar for quality of service. As our business grows we want to ensure this level of quality is maintained and enhanced, and that we provide examiners with the opportunity to continue their education and be positioned for revenue growth," said Ron Levesque, President of Hooper Holmes' Portamedic division.
"Portamedic's new training program reflects the ongoing investments across our Company to strengthen service delivery and set the standard for accuracy, speed, professionalism and consistency," said James Calver, President and CEO of Hooper Holmes. "All of Hooper Holmes will benefit from the level of efficiency this program will bring to Portamedic, further improving productivity and our ability to collect and analyze health data across the country. We believe this program will be another step forward in making us the company of choice for paramedical examiners."
About Hooper Holmes
Hooper Holmes is the 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. As the leading provider of risk assessment services for the insurance industry, Hooper Holmes provides insurers with the widest range of medical exam, data collection, laboratory testing and underwriting services in the industry.
With presence in over 250 markets and a network of more than 9,000 examiners, Hooper Holmes can arrange a medical exam anywhere in the U.S. and deliver the results to its customers. Each year we arrange more than 2.3 million medical exams and process about the same number of samples in our laboratory. We provide 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. We underwrite 300,000 cases annually and complete more than two million telephone interviews. We are also a leading provider of medical claims evaluation services used by property and casualty insurance carriers, law firms, self-insureds and third-party administrators to handle personal injury and accident claims.
Certain information contained herein includes information that is forward- looking. The matters referred to in forward-looking statements may be affected by the risks and uncertainties involving the Company's business. These forward-looking statements are qualified in their entirety by cautionary statements contained in the Company's Securities and Exchange Commission filings. The Company disclaims any obligation to update these forward-looking statements.
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