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MHA Announces Initial Results of the Specialty Pharmacy Member Profile Initiative
Date:3/10/2008

FLORHAM PARK, N.J., March 10 /PRNewswire/ -- Managed Health Care Associates, Inc. (MHA) is pleased to announce the initial results of its Specialty Pharmacy Member Profile initiative. MHA, the largest alternate site GPO in the country, has been building a strong foundation related to contracting for specialty pharmacy products. Through collaboration with the MHA Specialty Pharmacy Advisory Board, and in partnership with key specialty pharmaceutical manufacturers, MHA has developed the first comprehensive data base identifying key attributes related to the ever changing specialty pharmacy provider model. Manufacturers and payers have provided input in terms of the value proposition they see related to the specialty pharmacy marketplace today. Clearly identifying independent specialty pharmacy providers and the in-depth services they provide has been a major challenge for specialty pharmaceutical manufacturers. Specialty pharmaceutical manufacturers have conveyed to MHA that this information is essential to assist in developing specialty pharmacy contracting strategies as it presents clear delineation and depth of services provided by each respective specialty pharmacy.

MHA Specialty Pharmacy Program Highlights:

-- 130 independent specialty pharmacy providers completed the initial

profile

-- Program participants represent over $320 Million in annualized

specialty drug spend

-- 41,000 patients serviced covering 15 unique disease states

-- Additional service model descriptions including payer profiles as well

as compliance and adherence programs

"We've had an overwhelmingly positive response to this program from both our specialty pharmacy members and specialty pharmaceutical manufacturer partners," stated Michael J. Sicilian, President of MHA. "We are confident this data will be highly valued in our continued discussions with the manufacturers of specialty pharmaceuticals to stratify and targ
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SOURCE Managed Health Care Associates, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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