UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

___________________

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): May 2, 2007

 

HEALTHWAYS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

000-19364

 

62-1117144

(State or other jurisdiction of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

3841 Green Hills Village Drive

Nashville, Tennessee

 

 

37215

(Address of principal executive offices)

 

(Zip Code)

 

(615) 665-1122

(Registrant's telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

 

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 


 

 

Item 7.01 Regulation FD Disclosure.

 

Healthways has purchased a minority stake in D2Hawkeye, Inc., a Waltham, Massachusetts-based medical analytics company, by investing $9 million in redeemable preferred stock. Healthways currently utilizes D2Hawkeye in a portion of its business to enhance its understanding of member risk factors in order to more efficiently and effectively deliver Care SupportSM interventions to participants through advanced medical analytics and enhanced clinical specificity.

 

 

 


 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

HEALTHWAYS, INC.

 

 

 

 

 

By:

/s/ Mary A. Chaput

 

 

Mary A. Chaput

 

 

Chief Financial Officer

 

Date: May 2, 2007