Many CEO’s at hospitals across the country have recognized the retail opportunity within their system but prefer to share capital and management risk with a qualified partner. HRP was established by The Paquin Group to meet that need, “This subsidiary brings together the best management, operational resources and facilities to deliver world class retail businesses in partnership with our hospital clients,” said Tony Paquin, CEO of The Paquin Group.
“The partnership offers services in ecommerce, order fulfillment, direct marketing, store design and management, and capitalization,” he added. Paquin explained that the partnership will play a key role in the advancing his vision for ‘mission based retail’ at hospitals across the country. “In today’s economy consumers have proven that they want to support retailers that serve society and their communities. There is no better example of that than hospitals. We call this Mission Based Retail”, he explained.
The Paquin Group has selected Infusion Capital as the investment banking partner to help meet the capital needs of the newly formed partnership. Bankers at Infusion Capital have played a key role in raising over $1 billion in financing for their client-companies in over 100 initial public offerings and stock private placements.
“We are very excited about the formation of this firm. We recognize that there is a massive high-profit retail opportunity for hospitals across the country,” said Kelly McCarthy, president and founder of Infusion Capital. “We look forward to delivering the capital formation strategies Paquin needs to make healthcare retail a nationwide reality,” she said.
Although HRP will be equipped to provide a wide range of offerings in partnership with their hospital clients, the partnership will initially focus on direct marketing, eCommerce, and Medical Spa projects.
About The Paquin Group
The
Paquin Group is an alliance of industry leading experts and resources created
to assist hospitals in the implementation of healthcare retail strategies.
The company’s core mission is to increase revenue opportunities and minimize
risks for healthcare organizations. As Medicare reimbursement rates continue
to be pressured downward and expenses rise, new sources for non-reimbursed
revenues are becoming essential to the financial viability of hospitals. The
Paquin Group helps hospitals identify and implement these new retail revenue
strategies.
About Paquin Healthcare Companies, Inc.
Paquin Healthcare Companies, Inc., through its subsidiary operations, is pioneering the development of distribution channels for healthcare-based retail products and services. Working in partnership with major hospitals and other professional healthcare organizations nationwide, Paquin Healthcare is the nation's leading provider of integrated, customized solutions for the implementation of healthcare retail strategies. As Medicare reimbursement rates continue to tighten while healthcare expenses rise, new sources for non-reimbursed revenues are becoming essential to the financial viability of hospitals. Paquin Healthcare also organizes the industry's premier annual meeting event for healthcare retail initiatives, The Healthcare Retail Conference.
For more information, visit http://www.paquinhealthcare.com
About Infusion Capital
Infusion Capital provides a uniquely integrated approach to capital formation. They have the experience and expertise to guide clients through complex capital formation processes. They leverage their years of investment banking experience on Wall Street, and their long term relationships with leading portfolio management firms, key investment managers, and national brokerages to help clients make the right connections and deliver a consistently powerful message that gets results. For further information about Infusion Capital, visit www.infusioncapital.com.
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The Definitive Book on Consumer Issues in Healthcare by Tony Paquin.
Now available on Amazon.com
Paquin Healthcare Companies earned the position of #291 on the 2009 Inc. 500, the
fastest-growing private Companies in America.
Paquin Healthcare
was named winner of the 2009 eHealthcare Leadership Awards.