Welcome to our dedicated page for Tivity Health news (Ticker: TVTY), a resource for investors and traders seeking the latest updates and insights on Tivity Health stock.
About Tivity Health Inc.
Tivity Health Inc. is a prominent player in the health and wellness industry, offering a diverse range of programs and services aimed at improving physical, social, and mental well-being. The company is best known for its flagship programs, including SilverSneakers®, Nutrisystem®, Prime® Fitness, and WholeHealth Living®. These programs cater to a wide array of demographics, with a particular focus on older adults, individuals seeking weight management solutions, and those aiming to enhance their overall health. By addressing critical social determinants of health—such as physical inactivity, food insecurity, social isolation, and loneliness—Tivity Health is reshaping the way health is approached and delivered.
Core Business Areas
Tivity Health operates across several key domains:
- Fitness Solutions: The SilverSneakers® program is a cornerstone of Tivity Health's offerings, providing Medicare-eligible individuals with access to fitness facilities, group exercise classes, and community-building activities. Prime® Fitness extends similar benefits to working-age adults through employer-sponsored programs.
- Nutrition and Weight Management: Through Nutrisystem® and South Beach Diet®, Tivity Health delivers structured meal plans and weight management solutions. These programs are designed to help individuals achieve and maintain a healthy weight while promoting long-term lifestyle changes.
- Integrative Health Services: WholeHealth Living® offers a suite of physical medicine and integrative health services, including chiropractic care, acupuncture, and therapeutic massage. These services support holistic health and complement traditional medical care.
Revenue Model and Market Position
Tivity Health generates revenue through a combination of partnerships and direct consumer engagement. Its fitness programs are often offered as benefits through Medicare Advantage plans, Medicare Supplement carriers, and employer-sponsored health plans. The company's nutrition solutions, such as Nutrisystem®, rely on direct-to-consumer sales and subscriptions. Additionally, Tivity Health collaborates with health systems and community organizations to expand its reach and impact.
Operating within the broader wellness industry, Tivity Health faces competition from fitness chains, digital health platforms, and nutrition-focused companies. However, its ability to integrate in-person and virtual services, combined with a focus on personalized, data-driven health solutions, sets it apart. The company's emphasis on addressing social determinants of health further strengthens its value proposition, making it a trusted partner for health plans and employers seeking to improve health outcomes and reduce costs.
Significance in the Industry
Tivity Health's innovative approach to health and wellness has positioned it as a key contributor to healthier communities. By combining physical activity, nutrition, and integrative health services with a focus on social connection, the company delivers comprehensive solutions that address the multifaceted nature of health. Its programs not only improve individual well-being but also foster a sense of community and belonging, particularly among older adults and underserved populations.
With a commitment to leveraging technology and insights-driven personalization, Tivity Health continues to evolve its offerings to meet the diverse needs of its members. By addressing critical health challenges and promoting proactive wellness, the company plays a vital role in transforming the health landscape.
SilverSneakers, the leading fitness program for older adults, has named Grayling Brown of Lutcher, LA, as its 2024 Member of the Year. Brown, a Vietnam War veteran, is recognized for his unwavering dedication to health, fitness, and community. Known as Beaver, he has been an active member at Anytime Fitness in Gramercy, LA, for two years, inspiring peers through his commitment to fitness and community involvement.
Brown participates in SilverSneakers classes, including yoga, through his Humana Medicare Advantage plan. He is also active in his church and advocates for ending racial inequality. The award, now in its 20th year, celebrates seniors who demonstrate a commitment to healthy living and building supportive networks. Matt Berger, President of Humana's Gulf South Region, and Hill Ferguson, CEO of Tivity Health, both praised Brown's inspirational journey and dedication to an active lifestyle.
SilverSneakers, a fitness program for older adults, celebrates 20 years by opening nominations for the 2024 Member of the Year Awards. The program honors seniors who inspire others through healthy living, physical activity, and community involvement. CEO Hill Ferguson highlights the resilience and determination of members, showcasing their extraordinary commitments to wellbeing.
Tivity Health's SilverSneakers program will enhance fitness accessibility for older adults in 2023 by providing members in participating health plans with access to Apple Fitness+ at no extra cost. This includes over 3,000 workouts and meditations. SilverSneakers will also offer a network of 22,000 fitness locations, virtual classes, and mental enrichment programs. With services available in all 50 states, SilverSneakers continues to support a diverse population of over 18 million members, promoting healthier aging through inclusive fitness and social engagement opportunities.
SilverSneakers by Tivity Health will provide Apple Fitness+ subscriptions at no additional cost to its members starting in 2023. This partnership includes access to over 3,000 workouts and meditations tailored for older adults. Aetna Medicare Advantage members will be the first to access this service. The offering aims to enhance physical and mental well-being through diverse fitness options, including Time to Walk and Time to Run. SilverSneakers is the exclusive senior program providing Fitness+, making it a significant addition to its health resources.
Tivity Health celebrates the 30th anniversary of SilverSneakers, its popular fitness program for seniors, with a virtual event and Guinness World Record achievement. On August 31, 2022, SilverSneakers set the record for the Most Views in a Dance Fitness class on Facebook Live, attracting 3,075 viewers. The program, launched in 1992, has grown to over 18 million eligible members, supporting seniors' health and social connectivity. CEO Richard Ashworth emphasizes ongoing commitment to enhancing the lives of older adults through innovative fitness solutions.
Tivity Health's WholeHealth Living has partnered with Vori Health to create a comprehensive pain management solution aimed at addressing the growing musculoskeletal care needs in the U.S. Over half the adult population suffers from musculoskeletal conditions, leading to significant healthcare spending, particularly on low back and neck pain. This partnership combines Vori Health's virtual services with WholeHealth Living’s network of practitioners, aiming to reduce costs and improve patient outcomes by minimizing unnecessary procedures and promoting preventative care.
Tivity Health has announced the winners of the 2022 SilverSneakers Member of the Year Award, recognizing Mary and Larry St. Germain from Destrehan, LA for their commitment to health and community engagement. Married for 59 years, they have been dedicated members for a decade, attending classes at Anytime Fitness. Their journey was motivated by a family history of heart disease. The recognition highlights the importance of fitness among seniors, with over 18 million eligible for SilverSneakers at no additional cost through Medicare plans.
SilverSneakers, the leading community fitness program for seniors, announced it is now accepting nominations for the 18th annual Member of the Year Awards. This award honors members who inspire others through their commitment to healthy living. Nominations are open until June 27, 2022, with online voting for finalists taking place from July 25 to August 1, and the winner announced on August 15. The initiative aims to recognize the positive impact of physical activity and social engagement among seniors.
Linkwell Health and SilverSneakers by Tivity Health have received two prestigious 2022 Healthcare Advertising Silver Awards for their marketing campaign aimed at engaging seniors in fitness during the pandemic. The campaign, designed to maintain social connection and fitness routines, led to a 25% increase in gym visits and doubled virtual fitness class participation. The awards, presented for excellence in healthcare advertising, recognized the effectiveness and creativity of their joint efforts to support older adults. Overall traffic to SilverSneakers.com also benefited from this campaign.
FAQ
What is the market cap of Tivity Health (TVTY)?
What does Tivity Health Inc. do?
How does Tivity Health generate revenue?
What is SilverSneakers®?
Who are Tivity Health's key customers?
What sets Tivity Health apart from competitors?
What is WholeHealth Living®?
How does Tivity Health address social determinants of health?
What industries does Tivity Health operate in?
