Managed Health Care Associates and Siemens Renew Supply Agreement for Diagnostic Imaging Equipment.Business Editors & Health/Medical Writers ISELIN, N.J.--(BUSINESS WIRE)--Sept. 20, 2000 Managed Health Care Associates Inc. (MHA MHA microangiopathic hemolytic anemia. ) and Siemens Medical Systems Inc., announced the renewal of a three-year supply agreement for a broad range of medical equipment. The three-year agreement, which extends to May 2003, provides MHA with guaranteed access to Siemens' MR, CT, X-Ray, mammography mammography, diagnostic procedure that uses low-dose X rays to detect abnormalities in the breasts. The early diagnosis of breast cancer made possible by the routine use of mammography for screening women increases a woman's treatment alternatives and improves her , ultrasound, nuclear medicine and angiography angiography or arteriography X-ray examination of arteries and veins with a contrast medium to differentiate them from surrounding organs. The contrast medium is introduced through a catheter to show the blood vessels and the structures they supply, including equipment. It also covers dual and single-mode radiation therapy systems, patient monitoring equipment, cath lab recording systems and clinical networking solutions. "The comprehensive nature of this agreement allows Managed Health Care Associates' members to address all of their primary imaging equipment needs through Siemens," said Bob Franzone, national accounts manager, Siemens Medical Systems Inc. "The continuation of this agreement will allow MHA to continue to provide their members with a competitive edge in their local markets." Managed Health Care Associates Inc. is a leading provider of magnetic resonance magnetic resonance, in physics and chemistry, phenomenon produced by simultaneously applying a steady magnetic field and electromagnetic radiation (usually radio waves) to a sample of atoms and then adjusting the frequency of the radiation and the strength of the (MR) imaging, computerized tomography (CT), nuclear imaging, and radiation therapy equipment to hospitals and other providers of health care services. Headquartered in Floram Park, N.J., the privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. employs approximately 75 persons and provides a wide range of value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services to its clients in addition to capital equipment, such as pharmaceutical, laboratory, dietary and medical/surgical contracts. Siemens Medical Systems Inc., Iselin, N.J., provides solutions across a broad range of clinical environments including cardiology, neurology, oncology and women's health Women's Health Definition Women's health is the effect of gender on disease and health that encompasses a broad range of biological and psychosocial issues. . In addition to developing and manufacturing medical device equipment, the company provides consulting services and information technology solutions through its Managed Healthcare Services division. Reporting annual sales of approximately $1.8 billion and employing nearly 4,500 people in the United States, it is the U.S. affiliate of the Medical Engineering Group of Siemens AG with headquarters in Erlangen, Germany. The Medical Engineering Group employees 19,000 worldwide and reported fiscal year-end earnings of $4 billion. Press releases issued are available on our Web site at: http://www.usa.siemens.com/News_and_Press/RecentPressReleases.htm |
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