Louisville, Ky. (March 26, 2008) – The 2008 MediStar Award recognizing innovation that has positively impacted healthcare delivery costs through the development, design or implementation of new technology, was recently presented to SHPS, a leading provider of health advocacy and health benefits solutions. SHPS was selected based upon its role as a national leader in creating a person-centric health delivery platform that supports improved health and optimizes healthcare spending.

Accepting the award, Rishabh Mehrotra, SHPS president and CEO, said, “We are honored by this distinction and believe that innovation in healthcare is essential to improving value for every dollar spent. For example, SHPS’ health risk engine, the first-of-its-kind population risk management tool, quantifies health risks and proactively monitors the drivers of those risks, offering instant actionability into improving an employer’s health risk and expenditures.”

Used in conjunction with its person-centric delivery platform, SHPS’ health risk engine allows employers to strategically manage the clinical risks in their population, improving employee health and reducing health expenditures. It fills a significant void for self-insured employers who are essentially managing their own health plan, and until now have been operating with limited information into the drivers of their healthcare costs.

SHPS launched its product innovation group in late 2006. It has been critical in driving exciting new products in the marketplace.

“Product innovations have enabled SHPS to provide our clients with market-leading products focused on improving the participant experience while optimizing costs,” said Mehrotra. “We will continue to invest in innovations to further distinguish ourselves in the marketplace.”

The MediStar Awards are the creation of Medical News and its publisher, Sandy Wensley, and are designed to honor outstanding healthcare professionals and organizations in Kentucky, Southern Indiana, and southwest Ohio who are committed to the advancement of healthcare in the region.

About SHPS
SHPS provides a broad range of innovative health management tools, resources and services that empower consumers to make wise healthcare decisions. With comprehensive services that transform consumer health behaviors, SHPS’ integrated delivery system maximizes the value of consumers’ and employers’ healthcare dollars. Among its many clients, SHPS serves large and mid-sized employers, health insurance carriers, third party administrators, Medicare Part D providers and government agencies. The company employs registered nurses and health professionals, employee benefit specialists and IT experts in facilities across the United States. Visit www.shps.com.

For More Information
Sarah Bovine
Director, Corporate Communications
sarah.bovine@shps.com

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