FLORHAM PARK, N.J., March 24, 2011 /PRNewswire/ -- Managed Health Care Associates, Inc. (MHA), a leading health care service company focused on alternate site health care providers, announced the completion of its fourth annual Independent Long Term Care Member Study, the results of which were released at the 2011 MHA Long Term Care Business Summit, March 17, 2011 in Las Vegas, Nevada.
This study was first introduced in 2008 to provide MHA members and other industry stakeholders with additional insight into the operations of independent long term care pharmacies nationwide. Report findings represent participant data in demographic, financial and technology categories as well as by number of residents serviced and geographic region.
New to the 2011 LTC member survey is an analysis highlighting the growing utilization of specialty pharmaceutical products in the long term care setting. These results indicate double digit growth in prescription product utilization of specialty medications used to treat Multiple Sclerosis (MS) and Inflammatory Conditions over a comparative time period of 2009 vs. 2010. The data also demonstrates that long term care pharmacies are increasingly providing specialty pharmaceuticals to seniors across the continuum of care.
"We are pleased to have expanded the scope of this year's study with dispensing data participation from nearly 900 independent LTC pharmacies nationwide as well as added report topics including Specialty Pharmacy," stated Michelle Templin, Vice President of Long Term Care. "Our members recognize MHA's commitment to the LTC industry and to the success of their respective pharmacy operations. And, as the market leader in LTC Pharmacy, we know what it takes to deliver a very meaningful LTC research report."
MHA members who attended the Business Summit were given a complimentary copy of the Independent Long Term Care Member Study. Members not in attendance will receive a copy of the study directly through their Account Management team. Other interested parties may request copies by contacting MHA's marketing department.
Managed Health Care Associates, Inc. (MHA) is a leading health care service company that offers a growing portfolio of services and solutions to support the diverse and complex needs of the alternate site health care provider. MHA provides expertise in Group Purchasing, Managed Care and Payer Contracting, Reimbursement Management, Specialty Pharmacy Solutions, Pharmaceutical Data Analytics, Clinical Pharmacy Software and Legislative Advocacy. Through the delivery of innovative and targeted health care services and solutions, MHA helps members increase operational efficiency, maximize business growth and provide optimum care for patients. For more information, visit www.mhainc.com.
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SOURCE Managed Health Care Associates, Inc.