Wellco Receives 50 Companies to Watch Award

(Royal Oak) – Wellco has been recognized as one of the 2011 “Michigan 50 Companies to Watch,” an awards program sponsored by the Edward Lowe Foundation and presented by Michigan Celebrates Small Business.

Wellco will be honored at an awards ceremony during the seventh annual Michigan Celebrates Small Business event, April 28 in Lansing, Mich.

Wellco is a Wellness ROI Firm that specializes in the measurement and improvement of medical costs along with wellness program evaluation.

“Michigan is a highly supportive and loyal to their business community,” says Scott Foster, Wellco President.  “It is a privilege to receive this distinguished award and to have the opportunity to contribute.  We proudly carry our ‘Made in Michigan’ message throughout the nation,” Foster said.

Companies making it to the “Michigan 50 Companies to Watch” list are a remarkable group of second-stage companies. Defined as having 6 to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants, these companies form the backbone of Michigan’s economy. Representing all regions of the state and a diverse range of industries, companies like Wellco are known for their exceptional entrepreneurial leadership, creation of innovation or use of innovation in creative ways, and their sustainable competitive advantage.

Winners were selected by Michigan-based judges from the banking, economic development, entrepreneurship development and venture capital communities.

Wellco works with organizations to measurably improve health costs and conditions. Wellco specializes in ROI systems, health risk appraisals, corporate wellness programs, speaking, and consulting. In addition, Wellco is the developer of the award-winning HealthHammer ™, the first and only Zero Trend Appraisal ® system to help companies accurately benchmark and fully achieve flat health costs over time.  For more information visit www.wellcocorp.com.

Michigan 50 Companies to Watch is presented by Michigan Celebrates Small Business.

PNC Bank is the lead underwriter for Michigan Celebrates Small Business, with additional underwriting support from Clark Hill PLC, Michigan Economic Development Corporation, DTE Energy Foundation, Comcast Business Class, Michigan Certified Development Corporation, Accident Fund Insurance Company of America, and Dynamic Edge.

Michigan Celebrates Small Business is presented in association with the Michigan Small Business & Technology Development Center, Michigan Economic Development Corporation, Small Business Association of Michigan, the U.S. Small Business Administration – Michigan, and the Edward Lowe Foundation.

Information about the 2011 Michigan 50 Companies to Watch program can be found at http://Michigan.CompaniesToWatch.org. For information about Michigan Celebrates Small Business, visit http://MichiganCelebrates.biz.