Managed Health Care Associates, Inc. (MHA) Announces Roper Industries' Acquisition of Leading Software Provider, SoftWriters, Inc


FLORHAM PARK, N.J. – Managed Health Care Associates, Inc. (MHA), a leading health care services and technology company focused on the alternate site health care provider marketplace, today announces that its parent company, Roper Industries, Inc. (NYSE: ROP), has entered into a definitive agreement to acquire SoftWriters, Inc., a premier provider of software solutions for long-term care pharmacy providers.



Michael J. Sicilian, MHA President, comments, "Through the acquisition of SoftWriters and its premium technology solutions, we are in a unique position to create additional value for our members servicing the long-term care markets. The combined strengths of our organizations will provide customers unmatched contracting models, Medicare Part D reimbursement access, and best-in-class technologies."



The SoftWriters leadership team, including Timothy E. Hutchison, President and CEO, will continue to lead the company. The business will remain located in Pittsburgh, PA and will continue to go to market as SoftWriters, Inc. "This is a very exciting time for SoftWriters," says Hutchison. "Joining MHA forms a natural progression in our commitment to deliver premier software solutions that allow customers to better care for the patients they serve."



MHA's President, Michael J. Sicilian, comments, "MHA could not be more pleased to have SoftWriters join the MHA organization. We have worked with Tim and his team over the last decade in providing first-in-class services and solutions to our shared customers and look at this as the next step in creating a comprehensive health care services and technology offering."



About MHA

Managed Health Care Associates, Inc. (MHA) is a leading health care services and technology 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, Consultant Pharmacy Software and Legislative Advocacy. Through the delivery of innovative health care services and solutions, MHA helps members increase operational efficiency, maximize business growth and provide optimum care for their patients. For more information, visit www.mhainc.com.



About SoftWriters, Inc.

SoftWriters, Inc. is a leading software solution provider servicing pharmacies that provide care to long term post-acute care patients, assisted living residents, independent living residents, pharmacies servicing group homes, correctional facilities, specialty pharmacies, and pharmacies servicing 340B contracts. SWI's suite of products include solutions for inventory control, dispensing, clinical screening, pharmacy automation, content management, workflow, communications, advanced reporting and business intelligence, accounting, real-time electronic billing, electronic prescribing, and pharmacy operation optimization. For more information, visit the company website, www.softwriters.com.



For More Information Contact:

Angela Elsier

Director of Marketing

Managed Health Care Associates, Inc.

800-642-3020, ext. 2870

aelsier@mhainc.com



SOURCE Managed Health Care Associates, Inc.



Web Site: http://www.mhainc.com

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