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Health Grades, Inc. to Announce Third Quarter 2009 Results on October 28, 2009

Health Grades, Inc. (Nasdaq: HGRD) today announced plans to release third quarter results for the period ended September 30, 2009 before the market opens on Wednesday, October 28, 2009.

The Company will host a conference call, which will be broadcast live over the Internet at 11:00 a.m. ET/9:00 a.m. MT that same day to discuss the results. The broadcast will be available on the Investor Relations section of the Company’s Web site located at www.healthgrades.com. Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

If you would like to participate on the call, please call 866-700-0133 at least ten minutes prior to the start time of 11:00 a.m. ET/9:00 a.m. MT on October 28, 2009 and reference the following - Confirmation number: 65110845.

An online archive of the broadcast will be available within two hours of the live call and can be accessed through December 28, 2009, by dialing 888-286-8010. The confirmation number is 56765269.

About Health Grades, Inc.

Health Grades, Inc. (Nasdaq: HGRD) is the leading independent healthcare ratings organization, providing quality ratings, profiles and cost information on the nation's hospitals, physicians, nursing homes and prescription drugs. Millions of patients and many of the nation’s largest employers, health plans and hospitals rely on HealthGrades’ quality ratings, advisory services and decision-support resources. The HealthGrades Network of Web sites, including HealthGrades.com and WrongDiagnosis.com, is a top-ten health property according to ComScore and is the Internet's leading destination for patients choosing providers. More information on the Company can be found at http://www.healthgrades.com.

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