HealthEase Acquires Corporate Fitness Operations
PAOLI, Pa., Nov. 7 /PRNewswire/ -- HealthEase, Inc. announced today that it has completed a transaction in which it has acquired the corporate fitness operations of Continuum Health Care, Inc. Financial terms of the transaction were not disclosed. "We are excited to announce this significant milestone in our growth," noted Steven W. Smith, the Managing Partner of HealthEase. "With this addition, we now manage and operate 25 corporate fitness centers serving a diverse client base. In addition, we are pleased to welcome the new fitness associates from Continuum and look to them to continue to provide a high level of customized service to our corporate clients and their employees." HealthEase provides complete turn-key management of corporate fitness centers and a comprehensive range of ancillary wellness and health promotion services. The Company's clients include leading companies in the financial services, pharmaceutical and technology industries. "This is a positive development for all parties," noted Peter Hotz, Continuum's Founder and President. "This transaction will allow us to focus our management resources on the growth of our workers' compensation and disability management services. In addition, we are pleased that our corporate fitness clients will be well-served by HealthEase and look to them to continue the growth of these fitness centers." Make Your Opinion Count - Click Here http://tbutton.prnewswire.com/prn/11690X34109530
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