FOR IMMEDIATE RELEASE
MHA ANNOUNCES: Managed Health Care Associates, Inc. (MHA)
Expands Board of Directors
January 9, 2008 (Florham
Park, NJ): Managed Health Care
Associates, Inc. (MHA), the nation’s largest alternate site GPO, today
announced the addition of two outside members, Mr. Barry R. Freedman and Mr. Brian
Wheelan to the MHA Board of Directors. Mr. Freedman and Mr. Wheelan join
seven existing board members representing executives from MHA and Diamond
Castle Holdings, LLC.
Barry Freedman is President
and Chief Executive Officer of Albert Einstein Healthcare Network in
Brian Wheelan is the Chief
Financial Officer and Vice President for Strategy of Beacon Health Strategies where
he leads the organization in the areas of strategic development, finance,
network management and claims operation.
Prior to joining the Beacon team, Mr. Wheelan was a manager in the
Health Care Practice of Bain & Company, a multinational management
consulting firm where he specialized in corporate strategic development and
mergers and acquisitions. Earlier in his
career Mr. Wheelan held key positions in State Government serving as the
Assistant Secretary for Policy and Planning and the Deputy Director of Medicaid
for the Executive Office of Health and Human Service of the
MHA’s CEO Doug Present commented
“Our lead investor, Diamond Castle Holdings, has been committed to bringing
additional resources to MHA that would help fuel our company’s continued growth. They have clearly accomplished that objective
with the expansion of our Board. I am delighted that Barry and Brian will
be joining the MHA team as they bring to the table a wealth of industry knowledge,
contacts and experience that will help set our course for the future. They will
both be tremendous assets to our Board”.
“I am pleased to have been
asked by MHA to serve on the Board” stated Barry Freedman. “Their growth
over the last several years has been tremendous and I am looking forward to
working with this innovative and talented organization”. Brian Wheelan added
“MHA is the clear industry leader in the Alternate Site space. Working with them to implement the next stage
of their growth strategy is very exciting and I'm pleased to have been selected
to join the Board”.
About MHA
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 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 Medicare
Part D drug benefit. MHA also offers a
variety of other services including contract administration, marketing, and
continuing education. For more
information, visit www.mhainc.com
About
For More Information Contact:
Angela Elsier
Director of Marketing
Managed Health Care
Associates, Inc.
800-642-3020 X2870
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