AUSTIN, Texas, Nov. 8, 2019 /PRNewswire/ -- HealthGrowth
Capital, LLC, a leading lender and strategic consultant to
independent pharmacies, is pleased to announce the appointment of
Todd C. Ebert to the Company's Board
of Advisors, effective immediately.
"We are delighted to welcome Todd
Ebert to our Board of Advisors," said Karl Kipke, Chief Executive Officer of
HealthGrowth Capital, LLC. "HealthGrowth is committed to the
success of community pharmacies. By aggregating pharmacies into
Group Purchasing Organizations (GPOs), we help pharmacy owners
lower their cost-of-goods, which is critical to their
profitability. Todd is a nationally recognized supply chain
leader and GPO industry expert and he will be an invaluable
addition to our advisory team as we execute our plan to help our
customers thrive in this highly competitive industry."
Todd Ebert, a registered
pharmacist, joined Amerinet (now Intalere) in 1990 to help manage
its ValuPharm pharmacy membership program. Over the next 25-years,
he distinguished himself in multiple leadership roles until in
2007, he was named President and CEO of Amerinet. He served in that
capacity until 2015, when he was recruited to be CEO of the
Healthcare Supply Chain Association (HSCA), which represents and
advocates for GPOs in Washington,
D.C. He retired from HSCA in June of 2019.
"I am excited to join the Board of Advisors of HealthGrowth
Capital. The Company has assembled an experienced team that
understands the nuanced complexities of the pharmacy space," stated
Mr. Ebert. "HealthGrowth has created a unique and compelling
ecosystem that is designed to provide community pharmacies with the
financial and operating resources they need to succeed and profit
in a challenging marketplace."
Based in Austin, Texas,
HealthGrowth Capital and HealthGrowth Advisors is dedicated to the
success and vitality of community pharmacies. With more than 300
years of pharmacy and healthcare finance expertise, HealthGrowth
Capital provides much-needed working capital through its PharmLine
revolving lines of credit. The Company also originates
pharmacy acquisition, refinance and start-up loans. HealthGrowth
Advisors provides strategic consulting services through customized,
proprietary programs designed to help pharmacy owners maximize
profits.
For more information, please refer to the company's website
www.healthgrowthcapital.com.
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SOURCE HealthGrowth Capital, LLC