Healthcare Corp. of America (US OTC:HCCA) July 17, 2015 0

Healthcare Corp. of America provides a broad range of pharmacy benefit management solutions to managed care organizations, self-insured employer groups, unions, third party healthcare plan administrators, and local government entities. It operates its business through two units: Prescription Corp. of America and 340Basics. The Prescription Corp. of America unit is a pharmacy benefit management (PBM) company, which provides drug plans for corporations, business associations and trade groups, as well as local government entities, labor unions, charitable and non-profit organizations, and third-party administrators of self-insured benefit. The 340Basics unit provides software and services to help covered entities manage all processes related to the Federal 340B Drug Discount Program including registration, compliance, audit, claims processing, and access to pharmacies. The company also operates Morris Consulting Services as a wholly owned subsidiary, which will work with organizations using up-to-date data and analytics to assess where costs can be reduced in prescription-drug plans, making coverage more affordable for plan sponsors and for members. Healthcare Corp. of America is headquartered in Denville, NJ.