October 30, 2018 – HealthGrowth Capital, LLC is entering 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.”