Bankruptcy for organizer of In-Awe awards

Share this article:

The Healthcare Communication & Marketing Association (HCMA)—a nonprofit group that ran courses, conferences and an awards program—filed for bankruptcy in New York.

HCMA listed debt of $182,444 and assets of $29,118. HCMA filed its voluntary petition with the bankruptcy court Dec. 17, following an October decision by HCMA's board to dissolve.

“With reduced corporate support and an increased number of unemployed members, the HCMA Board agreed that the most prudent action during these challenging times was to discontinue operations,” read a statement.

In 2007, three organizations (HMC, MMA and MHMA) joined to form the HCMA. As a national association, HCMA was designed for professionals in the healthcare industry's marketing, communications and education fields and offered career development, networking and mentoring opportunities.

Among the group's activities were the International Awards of Excellence (IN-AWE), which MMA founded in 1985 and HCMA took over to recognize healthcare-marketing creative.

The group also partnered with pharmaceutical companies, such as GlaxoSmithKline, on education and ran seminars, workshops and conferences.


Share this article:
close

Next Article in News

Email Newsletters

More in News

Meaningful use not linked to quality: study

Meaningful use not linked to quality: study

A recent study of physicians found no correlation between following EHR meaningful use requirements and providing consistently higher quality of care.

Lilly Q1 sales dip

Lilly Q1 sales dip

US sales fell 34% during the quarter, largely due to lower demand and lower prices for off-patent Cymbalta and Evista.

Gilead reaps huge HCV sales, payer fury

Gilead reaps huge HCV sales, payer fury

Sovaldi's debut has been marked by plenty of criticism from payers and lawmakers, but the hep. C drug's launch, now confirmed to be the fastest of all time, has also ...