NEW YORK & NEPTUNE, N.J.--(BUSINESS WIRE)--MagnaCare, a healthcare services company, today announced that it is partnering with country music station Thunder 106 to organize a Radiothon to raise funds to create Partners in Hope for St. Jude Children’s Research Hospital. Donations will fund research to find life-saving breakthroughs in the fight against childhood cancers, and ensure that no family receives a bill from St. Jude. The broadcast airs live, Dec. 6 and 7, 2013, Freehold Raceway Mall, Freehold, N.J.
“St. Jude has worked with country music radio stations for 30 years, raising more than $400 million for its life-saving work,” says Joseph Berardo Jr., CEO and president, MagnaCare. “Research findings at St. Jude are shared freely with doctors and scientists all over the world, giving hope to parents and children. We are pleased to partner with Thunder 106 for this important cause.”
Daily operating cost at St. Jude’s is $1.8 million, which is primarily covered by public contributions. The organization has developed protocols that have helped push overall survival rates for childhood cancers from less than 20 percent when the hospital opened in 1962 to over 80 percent today.
Dee Pellegrino, marketing director, Thunder 106, says, “St. Jude is internationally recognized for its pioneering research and treatment, and the first and only pediatric cancer center to be designated as a Comprehensive Cancer Center by the National Cancer Institute. We are proud to have the opportunity to work with MagnaCare and play a role in fostering more research with the goal of one day putting an end to childhood cancer.”
MagnaCare, a leader in self-insurance and healthcare services, is helping employers in New York and New Jersey take control of their healthcare costs. For more than 20 years, MagnaCare has served self-insured employers and health, workers’ compensation and no fault payers, including commercial insurers, TPA’s, government entities, and labor markets. MagnaCare offers access to a broad proprietary provider network, micro-networks, predictive modeling analyses, member outreach programs and integrated solutions that include full benefit plan management services. Visit www.magnacare.com, www.facebook.com/magnacare, www.linkedin.com/company/magnacare, http://blog.magnacare.com.