Healthways stock skids 16 percent on cloudy Medicare forecast

Shares of wellness program provider Healthways Inc. plunged today after the Centers for Medicare & Medicaid Services (CMS) said the first phase of a pilot wellness program will end this year, as scheduled, but didn't indicate whether a Phase II expansion is in the cards. The Nashville-based company's shares fell $10.52, or 16 percent, to $55.85 in composite trading for the biggest decline since June 21, 2002.