eHealth completes strategic review, to focus on execution of plan
eHealth, Inc. (NASDAQ: EHTH), a leading private online health insurance exchange, announced today the completion of its previously announced review of strategic alternatives. eHealth received indications of interest to both acquire and invest in the Company during the process. After careful consideration, the board of directors has determined that the interests of the Company’s stockholders are best served by focusing on execution of the Company’s strategic business plan. The Company does from time-to-time receive indications of interest and have discussions regarding possible strategic alternatives and intends to consider proposals it receives in the future that it believes could result in the creation of stockholder value.
The Company intends to host an Investor Day on May 10, 2017 in New York City. A live webcast of the event will be accessible to the general public at approximately 9 a.m. ET on May 10 from the Investor Relations section of the Company’s website http://ir.ehealthinsurance.com/. A replay of the webcast will be available later that day following the completion of the presentation, also accessible from the Investor Relations section of the Company’s website. In-person attendance at the Investor Day requires advanced registration. Please email Kate Sidorovich, the Company’s Vice President, Investor Relations, at email@example.com for further information.