Rochester, NY 7/10/2009 1:02:12 AM
Afternoon Market - HGRD - Health Grades Lands Spot on the Russell 3000 Index - Sourced WhisperFromWallStreet.com
Health Grades, Inc.
Afternoon Market - HGRD - Health Grades Lands Spot on the Russell 3000 Index - Sourced WhisperFromWallStreet.com
Health Grades, Inc.,HGRD
4.50 Down 0.11 (2.39%) 1:23pm ET
Health Grades, Inc., an independent healthcare ratings company, announced that it has been added to the Russell 3000 Index following the Russell Investment Group's reconstitution of its family of U.S. indexes on June 26. Annual reconstitution of Russell's U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index, as well as the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization ranking and style attributes.
Last Trade: 4.51
Day's Range: 4.35 - 4.69
52wk Range: 1.16 - 4.86
Volume: 111,251
ABOUT
Health Grades, Inc. provides proprietary objective healthcare provider ratings and advisory services in the United States. Its ratings address hospitals, nursing homes, and home health agencies. The company offers healthcare information, including information relating to quality of service, as well as profile information on physicians that enables clients to measure, assess, enhance, and market healthcare quality. It also provides physician-led quality improvement consulting engagements, and other quality improvement analysis and services for hospitals. In addition, the company offers the Connecting Point program under which a physician, hospital, hospital system, or single specialty provider can sponsor applicable physician profiles. Further, it provides programs that offer business development tools and marketing assistance for hospitals; and offers online healthcare quality information for employers, benefits consulting firms, payers, and other organizations that license its Health Management Suite of products, which include Hospital Quality Guide, Physician Quality Guide, Nursing Home Quality Guide, Home Health Quality Guide, Treatment Cost Calculator, Medication Cost Calculator, health risk assessment, personal health record, and medical library.
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