MHA bought by Roper Industries
FLORHAM PARK, N.J. – Managed Health Care Associates (MHA), a group purchasing organization (GPO) that acquired The MED Group in 2010, has been acquired by Roper Industries, a diversified growth company based in Sarasota, Fla., according to a press release. After the deal is completed, MHA will be led by Michael Sicilian, who has served as the company’s president since 2007. Douglas Present, MHA’s CEO for the past 11 years, will step down, the release noted. “We are confident that being part of Roper will help us continue to expand the scope of services we provide for our members and continue to grow our business,” stated Sicilian.