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CSPN Announces - Community Specialty Pharmacy Network (CSPN) Selects Managed Healthcare Associates (MHA) As a GPO Partner

Posted on: Wednesday, 18 July 2007, 18:27 CDT

PHILADELPHIA, July 18 /PRNewswire/ -- Community Specialty Pharmacy Network (CSPN) announced today a formal partnership with Managed Healthcare Associates (MHA).

Ed Dillon, President of CSPN commented: "We are very pleased with the board's decision to partner with MHA to establish a new definition of "Specialty Class of Trade". Our goal is to provide the best optimal, cost effective patient care that will have a positive impact on our patient's lives. A "specialty patient" should be defined by the level of care they receive with compliance, adherence, and proven data outcomes no matter who provides the service: Retail, LTC, or Mail Order. This is a significant milestone for both companies. CSPN will offer its members new opportunities with this GPO offering and MHA will have immediate access to a community based pharmacy network.

Michael Sicilian, President of Specialty for MHA stated, "We realize Specialty Pharmacy is a new Class of Trade and the value proposition is related to the ability to collect unique data sets. We are extremely excited about this new relationship which integrates MHA's specialty pharmacy initiatives with our network management services."

About Community Specialty Pharmacy Network (CSPN):

CSPN was founded by a group of independent pharmacy owners for the purpose of offering the best possible distribution channel for specialty medications. CSPN is the largest community specialty network in the country. The network provides a comprehensive framework of accredited members and web-based software to uniformly collect and report data. The nationwide network has qualified pharmacies in local communities providing a high-tech, high-touch approach and the immediate availability of specialty pharmaceuticals. For more information, visit http://www.cspnrx.com/.

About Managed Health Care Associates (MHA):

MHA is the largest provider of contract purchasing services to alternative site pharmacies and also offers a variety of services to pharmaceutical manufacturers, including contract administration, marketing, and continuing education. MHA was created in 1989 and has grown to be the market leader. MHA provides traditional group purchasing organization (GPO) services to LTC, Specialty, home infusion, home health care, acute care, and alternate site locations. MHA currently has contract agreements with more than 450 supply partners. For more information, visit http://www.mhainc.com/.

For More Information Contact: Beverly Cox Marketing Coordinator Community Specialty Pharmacy Network 703.846.0005

Community Specialty Pharmacy Network

CONTACT: Beverly Cox, Marketing Coordinator of Community SpecialtyPharmacy Network, +1-703-846-0005

Web site: http://www.cspnrx.com/http://www.mhainc.com/


Source: PRNewswire

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