KPIC/NCPA Pharmacy Ownership Boot Camp
The Kennedy Pharmacy Innovation Center (KPIC) and National Community Pharmacists Association (NCPA) are pleased to offer an annual Pharmacy Ownership Boot Camp. This program was developed from the NCPA Pharmacy Ownership Workshop and is specifically designed for pharmacy students and recent pharmacy graduates considering pharmacy ownership or desiring additional pharmacy financial management skills. The program exposes attendees to industry experts who will share knowledge and tools to help participants evaluate and prepare for potential careers in independent pharmacy ownership or management. Individuals contemplating an exciting career in independent pharmacy or pharmacy ownership should not miss out on this one-of-a-kind program!
2018 Boot Camp will be September 22, 2018
The topics covered in the program include
- Overview of career opportunities within independent community pharmacy
- Exploration of various services/niche offerings of independent community pharmacies
- Determining if pharmacy ownership is for you
- Types of pharmacy ownership
- Mechanisms for identifying pharmacy ownership opportunities
- The costs and benefits of pharmacy ownership
- Financial management and valuation of a pharmacy
- Personal finance and preparing for owning your own business
- Business plan components and development
- Funding options for pharmacy ownership
- Emerging opportunities for community pharmacy
Bryan Ziegler, PharmD, MBA is a 2001 graduate from the University of South Carolina College of Pharmacy and a 2006 graduate from the Moore School of Business at the University of South Carolina.. After a few years in pharmacy practice, he completed an Executive Residency with the National Community Pharmacists Association (NCPA) from 2005-2006. He has practical experience in hospital, chain, and independent community pharmacy settings but his true passion is independent community pharmacy and entrepreneurship. He previously served as the Executive Director of the Kennedy Pharmacy Innovation Center (KPIC) and a Clinical Assistant Professor at the South Carolina College of Pharmacy – University of South Carolina Campus until December 2016. In that role, Bryan focused his teaching and research in the areas of pharmacy entrepreneurship and management, compounding, and developing sustainable business models for clinical pharmacy services. He has also assisted numerous pharmacists with business plan development and analysis. He has been involved with the development and launch of two community pharmacy residency sites and three pilot programs successfully sustaining a pharmacist within a Patient-Centered Medical Home.
Bryan has been co-author for publications related to buying and selling pharmacies. In addition, he has been a contributing editor for the National Community Pharmacists Association Digest for numerous years. In 2013, Bryan spearheaded the development and launch of the Community Pharmacy Ownership Bootcamp in partnership with NCPA and developed the South Carolina College of Pharmacy Student Business Plan Competition. During his time on faculty at the SC College of Pharmacy, he also served as faculty advisor for the NCPA Student Chapter and business plan coach/mentor for the student business plan teams from 3 campuses. One of his proudest moments as a faculty member came when the SC College of Pharmacy – USC campus student business team placed 2nd nationally at the 2015 Good Neighbor Pharmacy NCPA Pruitt-Schutte Student Business Plan Competition.
In January 2017 purchased Moss Compounding Pharmacy in Florence, SC and transitioned into the role of pharmacy owner. Today, Bryan is “living the dream” as he operating a compounding pharmacy located in an innovative practice site which also includes a traditional retail pharmacy and primary care clinic.
Michael Gleaton graduated from USC COP in 2009. He worked as a Pharmacist at Hawthorne Pharmacy in Columbia, SC from 2009-2015. In 2015, he purchased the Medicine Mart of Lexington, in Lexington, SC. He's a member of NCPA and SCPhA. He previously served on the Board of Directors for SCPhA.
Jarrod B. Tippins, Florence resident, was born and raised in the Pee Dee area. He graduated in 2003 from Lake City High School. Upon graduation, he began his former education at the University of South Carolina where he received his Doctor of Pharmacy in 2009 and moved back to Florence.
Jarrod began his pharmacy career at CVS pharmacy where he was an emerging leader. He transitioned shortly from the corporate world into his ultimate passion, independent pharmacy. Last year, he had the pleasure of giving back to his community by opening The Pharmacy on Hoffmeyer. As the owner and pharmacist in charge, he is able to actively be a part of his hometown community. Jarrod was recognized as the Distinguished Young Pharmacist of the Year in 2015 by the South Carolina Pharmacy Association.
Not only is he an active part of the Pee Dee pharmacy community in Florence but currently serves as the South Carolina Pharmacy Association Pee Dee Region Director, the Pee Dee Pharmacy Association President. He enjoys other aspects of the community, theater and philanthropy projects serving as a Lake City Community Theater Board Member, the Florence County Disabilities Foundation Treasurer, and is involved in Florence School District One Fellows in Education program.
Kyle McHugh, President McHugh Pharmacy Group
Store Name(s) / Location(s)
- Gaston Family Pharmacy
- Pine Ridge Pharmacy
- Lake Wylie Pharmacy
- Daniels of Barnwell
- Daniels of Blackville
- Chapin Pharmacy
- Arnold Drug Company (GA)
City / State of Residence
Professional / Organizational Background
I started in pharmacy in 1987 as a 16-year-old stock boy with Revco. I worked my way through pharmacy school and many positions with Revco/CVS (including pharmacy supervisor of 40 stores and district manager of 20 stores) for the next 16 years. This prepared me to understand the business of pharmacy. I bought into two independents 16 years ago and we sold those 2 a few years later. My wife Pame and I have since purchased 4 stores and opened 3 from scratch since then.
Business Skillset / Unique Traits
Good or bad, I call it like I see it. I do not deal in smoke or mirrors. I am a numbers guy who has been able to surround myself with great employees. I am able to recognize changes in pricing, sales, etc. very quickly with unique analysis experience.
Personal / Family Background
My wife Pame and I have seven children ages 20 to 7. Pame and I met in pharmacy school and have been married for 22 years.
Hobbies / Interests
Golf, and I am also very active in my church.
Cynthia Feldman, PharmD, MBA
A Lowcountry native, Dr. Cynthia Feldman is owner and Pharmacist in Charge at Sweetgrass Pharmacy and Compounding in Mt. Pleasant, South Carolina. After earning her Bachelor’s of Science from Clemson University, Cynthia received her Doctorate of Pharmacy from the Medical University of South Carolina. She also holds a Master’s in Business Administration from The Citadel, The Military College of South Carolina. Prior to opening her own compounding pharmacy, Cynthia worked as the Director of Pharmacy for Women’s & Children’s Hospital in Louisiana. With years of compounding experience under her belt, Cynthia joined the South Carolina Board of Pharmacy Staff as an Inspector for the coastal region. Cynthia is specially trained in the art and science of pharmaceutical compounding Currently she counsels and compounds patient-specific medication for pediatric, geriatric, veterinary, hormone replacement, wound care and pain management patients as well as specialty cosmeceuticals. Her favorite part of compounding is the one-on-one patient and physician interactions that assist her patients when traditional pharmacy (pharmaceuticals) cannot. Whether it’s a child needing a tetracaine lollipop for a tonsillectomy or a feline patient who needs transdermal fluoxetine, Cynthia finds that being able to help patients and be their advocate is extremely rewarding.
Cynthia lives with her husband, Josh, and their 5 children in Mt. Pleasant. She is a member of the South Carolina Pharmacist Association, the National Community Pharmacists Association, and Professional Compounding Centers of America where she was recently named Pharmacist of the Month.
James (Jim) H. Davis, BS, MBA, CPPO
Jim received a B.S. in Accounting and in 1995 a Master of Business Administration from Charleston Southern University. Since 2007, he has served as instructor and Assistant Dean of Finance for the College of Pharmacy at both Medical University of South Carolina and University of South Carolina. In addition, he currently holds and has held adjunct faculty appointments at the College of Charleston and Webster University, Charleston Southern University and Trident Technical College. Over the past 20 years, he has taught numerous courses at these institutions including Financial Management, Personal Finance, Essentials of Accounting, World Class Supply Management, Essentials of Marketing, Principals of Management, Economics, Logistics, Finance, Management, Microeconomics, Procurement and Acquisitions Management, Managerial Policies and Strategies, Strategic Management, Management and Business Policy and Labor Relations. Before joining the College of Pharmacy in 1994, he served as a hospital administrator for the Medical University of South Carolina (MUSC) Hospital, working in the Solid Organ Transplantation division, Hematology / Oncology division, Bone Marrow transplant division, Surgical Nursing, MUSC College of Nursing and MUSC’s Purchasing Department. He has been with MUSC for 32 years and has more than 38 years for service with the state. On August 1-2017 Jim retired from MUSC and continues to teach at various Universities.
In addition, he earned his CPPO certification in 1986 and has been a Master Instructor for NIGP since 1987.
As an FYI Jim’s youngest son completed his PharmD at MUSC College of Pharmacy in May of 2013.
Diana Courtney, R.Ph., is currently the Director Student and Professional Affairs and Committees at the National Community Pharmacists Association(NCPA), in Alexandria, Virginia. She has been part of NCPA since July 2014. She is a 2000 graduate of Oregon State University College of Pharmacy. She opened her first traditional full-service pharmacy in 2004, in Lake Oswego, Oregon, and 2012 she started a compounding only pharmacy in Salem, Oregon. She served various roles at the Oregon State Pharmacy Association (OSPA), including the Events Committee from 2006-2014, the Continuing Education Committee from 2004-2010, and Board Member for Independent Pharmacy from 2008-2012. Ms. Courtney also served on the Board of the Association of Northwest Pharmacies (ANP) from 2006-2013. She was the recipient of the 2007 Distinguished Young Pharmacist award presented by OSPA and Pharmacists Mutual. She was awarded the NARD Ownership Award in 2012, and the Administrative Pharmacy Preceptor of the Year by Howard University College of Pharmacy in 2017.
Please register here: https://2018-kpicncpa-pharm-ownership-boot-camp.eventbrite.com