Posts tagged "pharmacy advisory"

HealthGrowth Capital

Christian Herrington, Veteran Pharmacy Business Executive, Appointed President of HealthGrowth Capital

October 4th, 2019 Posted by Health Growth Capital 0 thoughts on “Christian Herrington, Veteran Pharmacy Business Executive, Appointed President of HealthGrowth Capital”

Austin, Texas, Oct 3, 2019 / PRNewswire/
HealthGrowth Capital LLC, a leading provider of financing alternatives and advisory services to community pharmacies across the US, is pleased to announce that Christian Herrington has been appointed to serve as the company’s President, as well as a member on HealthGrowth’s governing board.

“We are pleased to benefit from Christian’s extraordinary experience, with his increased day-to-day commitment helping us shape our offerings to match critical market gaps,” said Karl Kipke, Chief Executive Officer of HealthGrowth. “His expertise and long-term relationships reflect high respect among constituents spanning the entire pharmacy ecosystem. With access to the highest levels in our industry, we are rapidly developing ground-breaking service offerings and innovative financial products that will help pharmacy owners expand their success and profitability.”

“Over the years, I’ve watched the pharmacy industry evolve dramatically. While growth prospects are brighter today than ever before, significant changes outside the control of most pharmacy owners have presented challenges for many in the space. Adjusting to the new and sometimes murky rules, and gaining access to capital, are proving to be important determinants of the future success of most of these businesses. I look forward to helping HealthGrowth Capital strengthen its capabilities in these areas, to serve every independent pharmacy in this $85 billion space,” said Mr. Herrington.

Mr. Herrington’s experience spans more than 35 years with Bindley Western, Cardinal Health, H.D. Smith and AmeriSource Bergen, where he served in sales, sales management, and executive management roles.

About HealthGrowth Capital, LLC
HealthGrowth Capital, LLC, based in Austin, Texas is a provider of specialty lending and advisory services to independently owned, community pharmacies.

SOURCE:
HealthGrowth Capital, LLC

HEALTHGROWTH CAPITAL AND P4 TECHNOLOGIES COLLABORATE TO BENEFIT COMMUNITY PHARMACIES

October 4th, 2018 Posted by Health Growth Capital 0 thoughts on “HEALTHGROWTH CAPITAL AND P4 TECHNOLOGIES COLLABORATE TO BENEFIT COMMUNITY PHARMACIES”

Austin, Texas, October 4, 2018 –  HealthGrowth Capital and P4 Technologies have formed a strategic partnership to provide superior financing and inventory management solutions to independent pharmacy owners.

HealthGrowth Capital, a direct lender to small businesses in the healthcare industry, provides working and growth capital to business owners seeking to take their businesses to the next level.

“We are recognized as the leading non-SBA lender to community pharmacies in the industry,” said HealthGrowth Capital CEO Karl Kipke. “We are delighted to partner with P4 Technologies to provide systems that will help our customers manage, forecast and optimize their inventories.  Their state-of-the-art tools free-up cash, increase inventory turns and reduce operating costs – all important priorities in today’s competitive marketplace.”

P4 Technologies delivers a cloud-based software platform that uses advanced, scientific forecasting and replenishment algorithms that assist pharmacies in managing inventories.

“Our pharmacy customers are all looking for ways to improve and expand their businesses and sometimes that requires capital,” said Ken Palmer, founder and President of P4 Technologies. “We are pleased to refer our customers to HealthGrowth Capital because they take a consultative approach to helping healthcare entrepreneurs obtain the financial resources they need to effectively compete and grow their pharmacies.”

Terms of the agreement were not disclosed.

 

For more information:

Mr. Karl Kipke
Chief Executive Officer
925 S. Capital of Texas Hwy, #B100,
Austin, TX
Phone: 512.575.3173
E-mail: karl@healthgrowthcapital.com

Christian Herrington, Veteran Pharmaceutical Business Executive, Joins HealthGrowth Capital’s Advisory Board

September 10th, 2018 Posted by Industry Insights 0 thoughts on “Christian Herrington, Veteran Pharmaceutical Business Executive, Joins HealthGrowth Capital’s Advisory Board”

AUSTIN, Texas, Aug. 6, 2018 /PRNewswire/ — HealthGrowth Capital LLC, a leading alternative specialty lender to independent pharmacies and healthcare companies, is pleased to announce the appointment of Christian Herrington to the Company’s Board of Advisors.

“We are excited to welcome Chris to our Board of Advisors,” said Karl Kipke, Chief Executive Officer of HealthGrowth Capital LLC. “His exemplary reputation, extensive experience and close relationships in the wholesale sector of the pharmaceutical industry make him a perfect addition to our Company as we launch new and innovative financial products to community pharmacies around the U.S.”

“I want to thank HealthGrowth Capital for inviting me to be a part of their growing team of healthcare finance professionals. The Company’s unique understanding of pharmacies, product orientation and strategic relationships have made HealthGrowth Capital a vital and growing source of credit to this $85 billion space,” said Mr. Herrington.

Mr. Herrington’s experience spans over 30 years with Bindley Western, Cardinal Health, H.D. Smith and AmerisourceBergen, where he served in sales, sales management and executive management roles.

About HealthGrowth Capital, LLC

HealthGrowth Capital, LLC, based in Austin, Texas is a leading alternative specialty lender to healthcare companies and medical practices.

SOURCE:
HealthGrowth Capital, LLC
www.healthgrowthcapital.com
https://www.prnewswire.com/news-releases/christian-herrington-veteran-pharmaceutical-business-executive-joins-healthgrowth-capitals-advisory-board-300691531.html

 

Monday – Friday (CST):
8 AM – 6 PM

Saturday and Sunday:
Appointments, by request

925 S. Capital of TX Hwy
Ste. B100
Austin, TX 78746
512-575-4500
512-598-0027 (fax)

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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