EXHIBIT 99

                                                      (AMERICAN HEALTHWAYS LOGO)



FOR IMMEDIATE RELEASE                         Contact:   Mary Chaput
                                                         Chief Financial Officer
                                                         (615) 665-1122


                 AMERICAN HEALTHWAYS TO BROADCAST THIRD QUARTER
                      CONFERENCE CALL LIVE ON THE INTERNET


NASHVILLE, TENN. (JUNE 5, 2003) - American Healthways, Inc. (NASDAQ: AMHC) today
announced it will provide an on-line Web simulcast and rebroadcast of its third
quarter fiscal 2003 earnings release conference call. The Company intends to
issue its third quarter earnings release at approximately 4:15 p.m. ET, and the
call is scheduled to begin at 5:15 p.m. ET on Thursday, June 19, 2003.

         The live broadcast of American Healthways, Inc.'s quarterly conference
call will be available on-line by going to www.americanhealthways.com and
clicking on the link to Investor Relations, at www.streetevents.com, and at
www.companyboardroom.com. The on-line replay will be available shortly after the
call at www.americanhealthways.com and www.streetevents.com through June 26,
2003. A telephone replay of the call will also be available through June 26,
2003, at 719-457-0820, confirmation number 485286.

         American Healthways is the nation's leading and largest provider of
specialized, comprehensive care enhancement services to hospitals, physicians
and health plans. In addition, American Healthways is the only company in its
industry whose programs are designed to meaningfully address the needs of 100%
of its customer populations. The clinical excellence of the Company's programs
have been reviewed and approved by Johns Hopkins, and their quality has been
recognized by the National Committee on Quality Assurance, the Joint Commission
on Accreditation of Health Care Organizations, and the American Accreditation
Healthcare Commission, the first and only care enhancement provider in the
nation to be accredited or certified by all three organizations. American
Healthways contracts to provide disease and care management programs to health
plans with members in all 50 states, the District of Columbia and Puerto Rico.
The Company also operates diabetes management programs in hospitals nationwide.
Further information about American Healthways and its programs can be found at
www.americanhealthways.com.

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