WebMD Streamlines Business and Expects to Reduce Annualized Operating Expenses by $45 Million

WebMD Streamlines Business and Expects to Reduce Annualized Operating Expenses
                                by $45 Million

PR Newswire

NEW YORK, Dec. 11, 2012

NEW YORK, Dec. 11, 2012 /PRNewswire/ -- WebMD Health Corp. (NASDAQ:WBMD), the
leading source of health information, announced today a comprehensive program
to streamline its operations, reduce costs and better focus its resources on
increasing user engagement, improving customer satisfaction and driving
innovation. WebMD expects these actions to result in a reduction in annualized
operating expenditures of approximately $45 million, including the impact of a
workforce reduction of approximately 250 positions, or roughly 14% of the
Company's employees. While most of the workforce reductions will be effective
at the end of this year, other cost savings actions will be implemented over
the course of the first quarter of 2013. WebMD will continue to provide
patients, consumers and physicians with an unmatched breadth of trusted
content and valuable tools across its market leading multi-screen platform.

Cavan Redmond, Chief Executive Officer of WebMD, said, "WebMD's value
proposition for users continues to be very strong. Becoming leaner and more
nimble will enable the Company to extend our leadership in this highly dynamic
and increasingly demanding marketplace. In addition, anticipated changes in
U.S. healthcare will provide meaningful new opportunities to link the needs of
patients, consumers and healthcare professionals to enable them to navigate
their care. We are moving swiftly to implement these operational changes and
new market initiatives." 

As part of this program, WebMD is streamlining its sales and delivery
processes to enable better collaboration with our sponsor and agency clients.
Across the entire company, there will be a sharper focus on prioritizing
resources and investment to key areas of future growth.

The Company anticipates it will record a pre-tax restructuring charge of
approximately $6 million to $8 million in the fourth quarter of 2012 primarily
for severance and other costs related to this cost reduction initiative. This
charge was not contemplated in the Company's previously issued 2012 financial
guidance.

About WebMD
WebMD Health Corp. (NASDAQ: WBMD) is the leading provider of health
information services, serving consumers, physicians, healthcare professionals,
employers, and health plans through our public and private online portals,
mobile platforms and health-focused publications.

The WebMD Health Network includes WebMD Health, Medscape, MedicineNet,
eMedicineHealth, RxList, theheart.org, Medscape Education and other owned
WebMD sites.

All statements contained in this press release, other than statements of
historical fact, are forward-looking statements, including those regarding:
the expected effects of the planned streamlining of our operations, including
the amounts and timing of expected reductions in expenditures and the expected
benefits to our operating efficiency; and market opportunities and our ability
to capitalize on them. These statements speak only as of the date of this
press release, are based on our current plans and expectations, and involve
risks and uncertainties that could cause actual future events or results to be
different than those described in or implied by such forward-looking
statements. These risks and uncertainties include those relating to: market
acceptance of our products and services; our relationships with customers and
other factors affecting their use of our products and services, including
regulatory matters affecting their products; our ability to successfully
implement, in the anticipated timeframes, the planned streamlining of our
operations and related expense reductions; our ability to attract and retain
qualified personnel; and changes in economic, political or regulatory
conditions or other trends affecting the healthcare, Internet and information
technology industries. Further information about these matters can be found
in our Securities and Exchange Commission filings. Except as required by
applicable law or regulation, we do not undertake any obligation to update our
forward-looking statements to reflect future events or circumstances.

SOURCE WebMD Health Corp.

Contact: Investors: Risa Fisher, rfisher@webmd.net, +1-212-624-3817, or Media:
Kate Hahn, khahn@webmd.net , +1-212-624-3760