Mr. Savitt brings over 25 years of experience in the development, opening, and day-to-day operations of large retail outlets. Most recently, he set up factory stores for major retailers such as Sean John, Tommy Hilfiger, Polo, and Reebok. He has also been responsible for the daily operation of a $50 million full line department store, and has had operational control of eight high-volume drug stores in New York City.
"Steve is an excellent addition to our team. He brings a unique combination of high-level retail management experience and a practical, hands on approach to getting the job done --- the perfect resource for our implementation-focused clients," said Tony Paquin, CEO of The Paquin Group.
Mr. Savitt has extensive experience in setting and implementing sales and expense budgets, hiring and training managers and sales staff, inventory control, and client relations. His duties at The Paquin Group will include working side by side with the company's hospital clients in the successful deployment of their retail plans.
"The promise of healthcare retail is exciting and will have a great impact on this country's healthcare system. I've seen the success that great retail can deliver and I look forward to working with The Paquin Group's clients to help them achieve their retail goals," Savitt said.
"Ultimately, our firm is judged by the success of our hospitals' endeavors to profitably generate non-reimbursed sources of revenue via retail. I'm confident the addition of Steve to our leadership team will help assure that success," Paquin added.
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
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The Definitive Book on Consumer Issues in Healthcare by Tony Paquin.
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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.