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FOR IMMEDIATE RELEASE
MHA ANNOUNCES CONTRACT WITH CORAM, INC.
March 22, 2006 (Florham Park, NJ): Managed Health Care Associates, Inc., the largest Group Purchasing Organization (GPO) in the Alternate Site and Long-Term Care Industry, announced today that it has signed a contract with Coram, Inc., (“Coram”), to be its primary provider of Home Infusion GPO services. Coram, headquartered in Denver, Colorado, is one of the largest privately held specialty infusion providers in the country with more than 70 full-service branch pharmacies nationwide. Marc Stranz, Coram’s Senior Vice President of Clinical and Strategic Operations stated, “After a thorough selection process, we felt that MHA was the ideal fit for our organization. Our growth in the specialized infusion business requires a strategic partner that can meet our day-to-day purchasing needs and one that is able to assist us in other areas of our business. Through its broad portfolio of contracts and comprehensive set of tools and reports, MHA has demonstrated a considerable commitment to the industry, and we are certain MHA will be a benefit to Coram.”
Michael J. Sicilian, Executive Vice President of Alternate Site and Home Infusion for MHA, stated, “We are extremely proud to have been selected by Coram as their GPO business partner. The strong Coram brand is recognized throughout the specialty infusion industry as a leader in the delivery of infusion therapy services and to have been chosen as their GPO is a great honor. We look forward to a long-term relationship.”
Coram, Inc.: Coram is a leading national provider of home infusion and specialty pharmaceutical distribution services. Through its more than 70 full-service branch pharmacies, the company offers both national presence and comprehensive local coverage. Coram’s 25 years of experience, clinical expertise and commitment to positive outcomes has earned it a reputation for excellence among patients, clinicians and payors nationwide. The company is nationally accredited by the Accreditation Commission for Health Care, Inc. For more information about Coram, visit www.coramhc.com or call 1.800.CoramHC.
Managed Health Care Associates, Inc. (MHA) has grown to become the market leading Alternate Site GPO. MHA’s success is driven by unparalleled member support, competitive contracts, and ability to create sophisticated, customized, web tools and reports, designed to increase savings and promote profitability. In addition to MHA’s LTC pharmacy business; MHA is a leading provider of GPO services to Home Infusion pharmacies and many other specialty classes of trade. Members utilize MHA’s services to assist in the purchasing of a complete line of pharmaceuticals, medical supplies, capital equipment, and food. MHA also offers a variety of services to pharmaceutical manufacturers including contract administration, marketing, and continuing education.
For More Information Contact: Anthony Cilento Corporate Communications Manager Managed Health Care Associates, Inc.
800-642-3020 x4472
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