NCPA Announces Finalists for 2012 Good Neighbor Pharmacy NCPA Pruitt-Schutte Student Business Plan Competition



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Alexandria, Va. - July 31, 2012 Teams of pharmacy students from three universities have been named finalists in the Good Neighbor Pharmacy National Community Pharmacists Association's (NCPA) Pruitt-Schutte Student Business Plan Competition. The 2012 competition drew entries from a record number of 40 schools and colleges of pharmacy. The finalists are from University of Arkansas for Medical Sciences College of Pharmacy, University of Kentucky College of Pharmacy, and University of the Pacific Thomas J. Long School of Pharmacy.

"We are excited and proud to see the growth in the quantity and quality of the business plans each year," said Lonny Wilson, DPh, NCPA president and pharmacy owner in Oklahoma City, OK. "These plans are from some of the best and brightest of today's pharmacy students and I can't wait to see the live competition at the NCPA Annual Convention."

The Business Plan Competition is the first national competition of its kind in the pharmacy profession and is named to honor two great champions of independent community pharmacy, the late Neil Pruitt Sr. and the late H. Joseph Schutte. The goal of the competition is to motivate pharmacy students to create a business model for buying an existing independent community pharmacy or developing a new pharmacy. Through this competition, NCPA is better able to prepare tomorrow's pharmacy entrepreneurs for a successful future. The competition is supported by Good Neighbor Pharmacy, Pharmacists Mutual Companies, and the NCPA Foundation.

"We continue to sponsor the Good Neighbor Pharmacy Pruitt-Schutte Student Business Plan Competition as it is such a meaningful way to promote independent community pharmacy ownership," said Steve Collis, president and CEO of AmerisourceBergen, whose Good Neighbor Pharmacy program is the primary sponsor of the competition. "The students outperform year after year, showing the confidence and business knowledge to become successful pharmacy owners and an important resource in the care of their patients' health."

Team members and the advisor for the three finalist teams will receive complimentary registration, travel, and lodging to NCPA's 114th Annual Convention and Trade Exposition in San Diego, Calif. Oct. 13-17, 2012 where they will compete for first, second, and third place in an exciting, live competition. After the presentations have been evaluated and scored, the following awards will be presented:

  • First Place—$3,000 to the NCPA student chapter and $3,000 contributed to the school in the dean's name to promote independent pharmacy.
  • Second Place—$2,000 to the NCPA student chapter and $2,000 contributed to the school in the dean's name to promote independent pharmacy.
  • Third Place—$1,000 to the NCPA student chapter and $1,000 contributed to the school in the dean's name to promote independent pharmacy.

All participating schools receive a plaque commemorating their participation in the competition. Each year, competing schools receive an engraved plate to add to their plaque, and teams placing in the top 10 receive a special plate acknowledging this distinction. The remaining teams in the top ten, in alphabetical order, include Drake University College of Pharmacy and Health Sciences, Mercer University College of Pharmacy and Health Sciences, Ohio Northern University Raabe College of Pharmacy, University of Colorado Skaggs School of Pharmacy, University of North Carolina Eshelman School of Pharmacy, University of Southern California School of Pharmacy, and the University of Washington School of Pharmacy.

Judges for this year's written competition were Greg Adams, RPh, Salisbury Pharmacy, Clinton, OK; Brad Arthur, RPh, Black Rock Pharmacy; Brian Caswell, PD, RPh, Wolkar Drug; Hugh Chancy, RPh, Chancy Drugs; Thomas Cory, RPh, Standard Pharmacy; Danny Cottrell, RPh, Medical Center Pharmacy; Glenn Eldridge, RPh, Grandview Pharmacy, Brownsburg, IN; Brian Faulk, Live Oak Bank; Cheri Garvin, RPh, Leesburg Pharmacy; Steve Giroux, RPh, NCPA Past President, Middleport Family Health Center; Preston Hale, RPh, Richmond, VA; Holly Henry, RPh, NCPA Past President, Rxtra Care Pharmacy; Jennifer Hughes, PharmD, Greenwood Drug; Janet Kusler, RPh, Kusler's Pharmacy, Snohomish, WA; Deborah Leedahl, RPh, InHealth Compounding Pharmacy, Fargo, ND; Nasir Mahmood, RPh, Pine Plains Pharmacy; Matt Mallinson, RPh, Matt's Medicine Store; Pam Marquess, PharmD, East Marietta Drug; Randall Myers, RPh, Harry's Pharmacy, Carey, OH; Hamid Mohaghegh, RPh, Family Pharmacy; Richard Moon, PharmD, Pharmacy Innovations; Joe Moose, PharmD, Moose Professional Pharmacy; Audrey Parks, Western Maine Pharmacy, Inc., Kingfield, ME; Beverly Schaefer, RPh, Katterman's Sand Point Pharmacy; Jerry Shapiro, PD, Uptown Drug,, Theresa Tolle, RPh, Bay Street Pharmacy, Sebastian, FL; Ed Webman, RPh, Live Oak Bank; Charles West, PD, NCPA Past President, Justin Wilson, PharmD, Valu-Med Pharmacy, Lea Wolsoncroft, RPh, KidsMeds Pharmacy, Birmingham, AL.

The NCPA Foundation is a nonprofit 501(c)(3) organization established in 1953 to honor the previous incarnation of NCPA, the National Association of Retail Druggists Executive Secretary John W. Dargavel. Contributions to the NCPA Foundation are tax-deductible as charitable donations to the extent permitted under federal tax law. The NCPA Foundation supports the growth and advancement of independent community pharmacy through low-interest educational loans and scholarships to pharmacy students in need, critical research and programs to improve the success of independent pharmacy, community service programs, and financial assistance to community pharmacy owners for their recovery in the event of disaster, accidents, illness, or adverse circumstances. To learn more go to www.ncpafoundation.org.

The National Community Pharmacists Association (NCPA®) represents the interests of America's community pharmacists, including the owners of more than 23,000 independent community pharmacies. Together they represent a $93 billion health care marketplace, dispense nearly 40% of all retail prescriptions, and employ more than 315,000 people, including 62,400 pharmacists. Independent community pharmacists are readily accessible medication experts who can help lower health care spending. They are committed to maximizing the appropriate use of lower-cost generic drugs and reducing the estimated $290 billion that is wasted annually by improper medication use. To learn more go to www.ncpanet.org or read NCPA's blog, The Dose, at http://ncpanet.wordpress.com.

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