Managed Health Care Associates Appoints Michael Connolly Vice President Of Business Development

FLORHAM PARK, N.J., Nov. 16 /PRNewswire/ -- Managed Health Care Associates (MHA) the leading Group Purchasing Organization (GPO) in the Long Term Care, and Alternate Site market place has announced the hiring of Michael Connolly as the new Vice President of Business Development. Connolly will spearhead MHA's long term growth plans via strategic partnerships and acquisitions.

Prior to joining the MHA team, Connolly was Vice President of Corporate Development at Alliant Resources Group, Inc., a $250MM corporate insurance brokerage firm, where he was in charge of their company acquisition program. Prior to that, Connolly was the Senior Vice President of Corporate Development for HealthSTAR Communications, Inc.

"I am very excited to be joining MHA and look forward to contributing to their future success. MHA is a clear market leader and has several opportunities for growth and expansion", said Connolly.

Doug Present, MHA's CEO, stated, "I am very pleased to have Mike Connolly joining the MHA team. Our recent transaction with GTCR has provided us with the expansion capital required to substantially grow our business through acquisition. Mike brings over 20 years of mergers and acquisitions experience to our company and I believe he will play a critical role in MHA's continued growth and success."

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 core LTC pharmacy business; MHA offers extensive GPO services to many other classes of trade. Members utilize MHA's services to assist in the purchasing of everything from pharmaceuticals and medical supplies to 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: Frank X. Kurilla Marketing Manager Managed Health Care Associates 800-642-3020 x4435

Managed Health Care Associates

CONTACT: Frank X. Kurilla, Marketing Manager of Managed Health CareAssociates, 1-800-642-3020, ext. 4435

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