FOR
IMMEDIATE
RELEASE
Ernst &
Young Entrepreneur of the Year® Finalist – Chairman &
CEO, Douglas Present
May 17, 2007 (Florham Park, NJ): Managed Health Care Associates, the
nation’s largest Alternate Site GPO, announced today that its Chairman & CEO, Douglas Present has been selected as a
finalist for the Ernst & Young Entrepreneur of the Year® award for the
State of
In response to his selection Mr. Present commented, “While I am
appreciative of the individual acknowledgement, it is important to recognize
that this honor is really related to the strategic execution of MHA’s business plan, the efforts of all our employees, and
the overall success of the company as a whole. As the largest company in the country
servicing the needs of Long Term Care and Home Infusion pharmacies, MHA has
changed the model for how to properly service the alternate site marketplace.
This award represents the success that this new model has achieved in the
market over the last several years.”
“MHA has grown from
being the largest Long Term Care GPO in the country, into a fully diversified alternate
site GPO and the manager of the largest LTC managed care network for the new
Part D drug program,” added Stephen Andrew, MHA’s CFO & COO. ”The
significant investments we have made in our people and our technology were
driven by Doug’s vision of what a high touch, customer service organization
should look like and how we should properly take care of our member’s
needs. This model has allowed MHA to
create continuous value for both our members and our business partners while
allowing MHA to continue to distinguish itself within the industry.”
About Managed Health
Care Associates
Managed Health Care Associates, Inc. (MHA)
is the largest Alternate Site GPO in the country servicing the Long Term Care,
Home Infusion, Combo Pharmacy and Specialty Pharmacy industries. MHA is
also the leading Long Term Care Pharmacy Network Manager with focus on serving
the Medicare D patient population. MHA’s
success is driven by unparalleled member support, competitive contracts, and
the ability to create sophisticated, customized, web tools and reports,
designed to increase savings and promote profitability. Members utilize MHA’s services to assist in the purchasing of a complete
line of pharmaceuticals, medical supplies, capital equipment, and nutritional
food, as well as, network access to the majority of the largest national and
regional prescription drug plans managing the newly created Medicare Part D
drug benefit. MHA also offers a variety of services to medical supply,
pharmaceutical manufacturers and prescription drug plan organizations, including
contract administration, marketing, and continuing education. For more
information, visit www.mhainc.com.
For More Information Contact
Abby
Franks
Marketing Coordinator
Managed
Health Care Associates, Inc.
800-642-3020 x4472
afranks@mhainc.com
###