Press Release: Douglas Hoey appointed to Board of Advisors

November 30th, 2017 Posted by Industry Insights 0 thoughts on “Press Release: Douglas Hoey appointed to Board of Advisors”

 Doug Hoey, CEO of the National Community Pharmacists Association, joins Board of Advisors of HealthGrowth Capital, LLC, an alternative specialty lender to independent pharmacies.


Austin, TX,  November 30, 2017 –(– HealthGrowth Capital, LLC, a leading alternative specialty lender to healthcare companies and medical practices, is pleased to announce the appointment of Douglas Hoey, RPh, MBA as a new independent member to the Company’s Board of Advisors, effective immediately.

“We are delighted to welcome Doug to our Board of Advisors,” said Karl Kipke, Chief Executive Officer of HealthGrowth Capital, LLC. “Doug’s depth of knowledge and experience will be vital to our mission of assisting community pharmacies obtain the capital they need to thrive and navigate the ever-changing healthscape. He has spent his career promoting and defending the interests of independent pharmacies and his extensive expertise will be invaluable as HealthGrowth continues to solidify its position as a leading financial resource to these small business entrepreneurs.”

Douglas Hoey, RPh, MBA is currently the CEO of the National Community Pharmacists Association (NCPA) and also serves on the Boards of Directors for Surescripts, Mirixa, the NCPA Innovation Center and the Community Pharmacy Enhanced Services Network-USA.

“I am thrilled to join the Board of Advisors of HealthGrowth Capital. The Company has assembled an experienced team that understands the intricacies, challenges and opportunities that community pharmacies face today,” stated Mr. Hoey. “As a direct-lender of non-SBA loans to independent pharmacies, HealthGrowth provides critical financial options that are not always available through traditional banking channels.”

As a leading alternative specialty lender dedicated exclusively to addressing the complex financial needs of community pharmacies, medical practices and healthcare businesses, HealthGrowth offers fast-funding and reliable solutions through a variety of financing products and services. HealthGrowth’s proprietary underwriting process focuses on the specific and unique nature of healthcare reimbursements, allowing clients to access capital for all their business needs including growth, expansion/remodeling, acquiring new equipment and purchasing inventory.

Based in Austin, Texas, HealthGrowth has established a reputation for exemplary service by understanding the specific financing needs of its customers and providing financing solutions to meet those needs.

For more information about HealthGrowth Capital’s financing solutions for Healthcare Businesses, visit our Products page.

Read the online version of this press release at:

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HealthGrowth Capital provides financing options exclusively tailored to the needs of healthcare professionals who are striving to improve their practices and healthcare businesses in order to deliver a higher level of patient care.
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