Opening of New Pharmacy Expands Footprint to Midwest
ST. CLOUD, Minn.--(BUSINESS WIRE)-- Guardian Pharmacy, LLC, one of the largest long-term care pharmacy companies in the U.S., in partnership with Sartell resident Mark Boe, announced the opening of Guardian Pharmacy of Minnesota located in St. Cloud. The pharmacy will serve residents of group homes, assisted living and skilled nursing communities in St. Cloud and surrounding areas including Brainerd, Alexandria, Hutchinson and the northwestern area of Minneapolis.
According to Mark Boe, owner and president of Guardian Pharmacy of Minnesota, “After evaluating the central Minnesota market, it was apparent that there was a need for a customer service-focused pharmacy that is 100 percent dedicated to serve the growing long-term care industry. I was impressed with Guardian’s reputation and unique business model. The partnership enables us to focus on customer service to meet the specialized needs of long-term care residents, while Guardian’s corporate team assists with the time consuming day-to-day business operations like payroll, HR, IT, as well as the intensely complex revenue cycle.”
The 4,100 sq. ft. pharmacy opened with 12 employees, and Boe expects this to double by end of this year. “When building our team we looked for experienced professionals who have a passion for the long-term care industry and a demonstrated dedication to customer service,” Boe said.
In Minnesota, there are currently well over 1,000 long-term care homes serving more than 70,000 residents.
Within the long-term care industry, Guardian has a reputation for superior customer attention, rapid response to client needs and continuous 24/7 service. The company just completed a record- breaking 2011 adding five new pharmacies and boosting revenue 35% percent over 2010. The combined Guardian entity serves more than 42,000 long-term care patients nationally through 17 pharmacies across 11 states.
Fred Burke, CEO and co-founder of Guardian Pharmacy, said “We are excited to partner with Mark in opening Guardian Pharmacy of Minnesota expanding our footprint to the Midwest. Mark’s extensive business expertise and past experience in the institutional pharmacy market will be a tremendous asset. His passion for the long-term care industry and emphasis on superior customer service mirrors the commitment of our company.”
Guardian Pharmacy, LLC, headquartered in Atlanta, Ga., is one of the nation’s largest institutional pharmacy companies and ranks among Georgia’s fastest growing privately held companies. Guardian’s pharmacies focus on providing outstanding client service and patient care to long-term care facilities including assisted living, skilled nursing, behavioral health group homes and others. Founded in 2004, Guardian has experienced a 46 percent compounded annual growth rate which the company attributes to its unique Local-Autonomy business model. Pharmacy operators participate in local ownership and benefit from Guardian’s extensive experience in high-growth, specialty pharmacies. www.guardianpharmacy.com.
KEYWORDS: United States North America Minnesota
INDUSTRY KEYWORDS: Health Hospitals Pharmaceutical Nursing Managed Care