Diversified contract portfolios
for managed care needs.
Two years ahead of the January 2006 implementation of Medicare Part D, Managed Health Care Associates (MHA) realized that its large and fragmented member base needed to establish relationships with the prescription drug plans (PDPs) that would become authorized to administer the Medicare Part D drug benefit through private plans.
First-to-market with the authority to negotiate rates and terms with the PDPs, MHA successfully negotiated contracts — thus establishing the first independent Long-Term Care Pharmacy (LTC) Network in the country to represent the needs of independent long-term care pharmacies.
The result has been a collaborative success for independent long-term care pharmacies, prescription drug plans (PDPs) and Medicare Advantage–Prescription Drug (MA–PD) plans, Centers for Medicare and Medicaid (CMS), and the patients in long-term care facilities who benefit from Medicare Part D benefits. Today, the MHA Long-Term Care Pharmacy Network is the largest in the industry, with an enrollment of more than 1100 independent pharmacies in the US.
Next Steps