FLORHAM PARK, N.J., Jan. 4, 2011 /PRNewswire/ — Managed Health
Care Associates, Inc. (MHA), a leading healthcare service company
focused on alternate site providers, is pleased to announce the
acquisition of Navigator, Inc., Nashville, TN. Navigator is one of
the nation’s largest and fastest growing GPOs focused on servicing
long term care facilities. Navigator delivers savings and cash flow
improvements to nursing home customers through its food program,
supply contracts, and diverse technology tools. MHA will continue
to use the Navigator name in the marketplace and Navigator’s entire
management team, including Mark Eaton, Jake Eaton and Tim Stefan
will be remaining with MHA after the acquisition to run the
subsidiary.
MHA CEO Doug Present commented, “For over 20 years, MHA has been
the leading GPO servicing Long Term Care Pharmacies that provide
pharmaceuticals to Nursing Homes and other long term care
residents. This strategic acquisition of Navigator will allow us to
help these healthcare providers improve their bottom line
performance on food and other supplies. This is a business we have
been considering for a long time and the acquisition of Navigator
is the beginning of what we expect to be a major effort for our
company in the coming years. This acquisition is also another
example of our executing on our plan to evolve into a broader
healthcare services company in the alternate site marketplace. We
have watched Navigator in the market for the last several years and
their growth has been extraordinary. We are very much looking
forward to working with the Navigator team to continue to grow this
business.”
Michael J. Sicilian, MHA President added, “While this is
technically a new market for MHA, it is one we are very familiar
with in terms of our current leadership position in Long Term Care
Pharmacy and working with nursing homes. MHA currently has a
considerable number of relationships and contracts that will bring
immediate value to Navig
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