HealthGrowth Capital and Hamacher Resource Group Announce Partnership Dedicated to Community Pharmacies

Tuesday, October 30, 2018 Corporate News
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AUSTIN, Texas, Oct. 30, 2018 /PRNewswire/ -- HealthGrowth Capital, LLC has entered into a partnership with Hamacher Resource

Group, Inc. (HRG) to provide independent pharmacies with better opportunities to thrive in the growing healthcare marketplace. As part of their lending process, HealthGrowth Capital will recommend community pharmacies complete a 360° Store Assessment
through HRG.

A 360° Store Assessment – conducted by HRG's seasoned team of category management, marketing, sales, and pricing analytics specialists – provides an unbiased review of a pharmacy's unique customer experience from every angle, identifying opportunities to attract new patients and developing an actionable strategy for boosting front-end sales.

"As pharmacy margins and reimbursements continue to get squeezed, owners must maximize profits in the rest of the store," said Karl Kipke, chief executive officer of HealthGrowth Capital. "Hamacher sets the standard as the leader in helping pharmacies optimize front-of-store operations in ways that grow both revenue and profitability."

"HealthGrowth Capital is unique among lenders in the community pharmacy space because they truly understand the intricacies of the business and have created solutions that fit the specific needs of pharmacy owners," said Dawn Vogelsang, president and majority owner at HRG. "We are delighted to be working with a group that possesses such strong expertise and that shares a mutual commitment to the long-term health and viability of independent pharmacies."

About HealthGrowth Capital, LLC

HealthGrowth Capital, LLC, based in Austin, Texas is a leading alternative specialty lender to healthcare companies and medical practices.  HealthGrowth Advisors, LLC offers management consulting services to help community pharmacies improve profitability, optimize operations, reduce DIR fees and identify and access new growth opportunities.  For more information, please visit www.healthgrowthcapital.com or call (512) 575-4500

About Hamacher Resource Group

Hamacher Resource Group focuses on improving results for product manufacturers, healthcare distributors, retailers, technology partners, and other organizations by addressing dynamic needs such as assortment planning and placement, retail execution strategy, fixture coordination, item database management, brand marketing, and analytics. Founded in 1980, HRG is a WBENC-Certified Women's Business Enterprise headquartered in Greater Milwaukee, and was named a Milwaukee Journal Sentinel's Top Workplace in 2018. Visit hamacher.com for more information.

 

Cision View original content:http://www.prnewswire.com/news-releases/healthgrowth-capital-and-hamacher-resource-group-announce-partnership-dedicated-to-community-pharmacies-300740309.html

SOURCE HealthGrowth Capital, LLC



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