News Releases - 2015

The University of Arkansas for Medical Sciences College of Pharmacy Wins the 2015 Good Neighbor Pharmacy NCPA Pruitt-Schutte Student Business Plan Competition

by NCPA | Oct 12, 2015

National Harbor, Md. (October 12, 2015) - A team of pharmacy students from the University of Arkansas for Medical Sciences College of Pharmacy was named the winner of the 12th annual 2015 Good Neighbor Pharmacy NCPA Pruitt-Schutte Student Business Plan Competition. A team from South Carolina College of Pharmacy-USC is runner-up, and a team representing the University of Minnesota College of Pharmacy finished as the second-runner up. The decisions were made after a spirited live competition on Oct. 10 at the National Community Pharmacists Association (NCPA) 2015 Annual Convention held Oct. 10 -14 in National Harbor, Md.

"The Good Neighbor Pharmacy NCPA Pruitt-Schutte Student Business Plan competition empowers aspiring pharmacy owners to have carefully-crafted plans evaluated by a panel of experts," said NCPA President John T. Sherrer, RPh, co-owner of Poole's Pharmacy in Marietta, Ga. "Many past participants have become pharmacy owners and often cite the competition as being indispensable to their success. We thank all of the student teams who participated in the 2015 competition and congratulate this year's winner the University of Arkansas for Medical Sciences College of Pharmacy, the first runner up representing South Carolina College of Pharmacy-USC and the second runner up the University Minnesota College of Pharmacy, for their truly outstanding efforts."

The 2015 competition drew participants from 43 schools and colleges of pharmacy across the United States. This is the first national competition of its kind in the pharmacy profession and started more than a decade ago. The contest is named in honor of two great champions of independent community pharmacy, the late Neil Pruitt, Sr. and the late H. Joseph Schutte. The competition's goal is to motivate pharmacy students to create a business model for buying an existing independent community pharmacy or developing a new one. Through this competition, NCPA is helping to prepare tomorrow's pharmacy entrepreneurs. The competition is supported by Good Neighbor Pharmacy, Pharmacists Mutual Companies, and the NCPA Foundation.

The three finalist teams made exciting, live competition presentations of their business plans before the competition judges and a large audience at NCPA's convention this week. The teams were also honored at the NCPA Foundation's Award Ceremony on Sunday afternoon. The results of the competition were announced during the Opening General Session.

"The NCPA Foundation mission is to ensure the next generation of independent community pharmacists has the tools to realize their dreams, and nothing better encapsulates that commitment than The Good Neighbor Pharmacy NCPA Pruitt-Schutte Student Business Plan competition," said Sharlea Leatherwood, PD, NCPA Foundation President. "The participants work extraordinarily hard to produce the best business plans possible and the judges always have a challenge picking a winning team. This year's winner the University of Arkansas for Medical Sciences College of Pharmacy submitted a brilliant plan and gave an extraordinary live presentation."

The University of Arkansas for Medical Sciences College of Pharmacy is comprised of team captain Luke Morrison and members Kristen Belew, Brooklyn Pruett, and Christina Watkins. Team advisors are Seth Heldenbrand and Schwanda Flowers. The Dean is Keith Olsen. Their chapter received $3,000, and $3,000 was contributed to the school in the dean's name to promote independent community pharmacy. The team members, team advisor, and the dean will also receive complimentary registration, travel, and lodging to NCPA's 2016 Multiple Locations Conference.

The South Carolina College of Pharmacy is comprised of team captain Harriet Kneece and team members Maddie DeMarsh, Taylor Stone, and Rylee Rankin. The team advisor is Bryan Ziegler and the Dean is Randall Rowen. Their chapter received $2,000, and $2,000 was contributed to the school in the dean's name to promote independent pharmacy.

The University of Minnesota College of Pharmacy is comprised of team captain Wilson Lau and team members Kelci Marzahn, Max Thompson, and Derek Borkowski. The team advisor is Caity Frail and the dean is Marilyn Speedie. Their chapter received $1,000, and $1,000 was contributed to the school in the dean's name to promote independent pharmacy.

All newly participating schools receive a plaque commemorating their participation in the competition. Schools that already were awarded a plaque in a previous year receive an engraved plate to add to their plaque. Teams placing in the top 10 receive a special plate acknowledging this distinction.

The remaining finalists in the top 10 were (listed alphabetically) Drake University College of Pharmacy & Health Sciences; Ohio Northern University-Raabe College of Pharmacy; Regis University School of Pharmacy; University of California San Francisco School of Pharmacy; University of Oklahoma College of Pharmacy; University of Texas at Austin College of Pharmacy; and the University of Washington School of Pharmacy.

The submissions were judged by a panel consisting of 58 NCPA members, Good Neighbor Pharmacy Business Coaching consultants, and business team leaders from the Professional Compounding Centers of America (PCCA).

The judges for the written competition were (in alphabetical order): Brad Arthur, Jerra Banwarth, Robert Blake, Lance Boles, Kevin Borg, Ashley Branham, Larry Burns, Jeff Carson, Brian Caswell, John Crumly, Cheri Garvin, Jeff Herrell, Ed Heckman, Holly Henry, Doug Josephson, Nick Karagianis, C.A. Kuykendall, Elaine Ladd, Charlie Le Bon, Dixie Leikach, Bill Letendre, Mike McCarty, Jim McCaslin, Tanya Mericle, Jason Montgomery, Danny Nelson, Jake Olson, Peg O'Neil, Bill Osborn, Scott Pace, John Pross, Jeff Puetz, Kristen Riddle, Paul Satterfield, Beverly Schaefer, Troy Simmons, Yorke Spencer, Stacy Swartz, Christian Tadrus, Lisa Umfleet, Mike Vesely, John Voliva, Mack Wallace, Scott Welle, Dirk White, Justin Wilson, Dennis Witkowski and Hashim Zaibak.

The judges for this year's live competition were (in alphabetical order): Donnie Calhoun, Jack Dunn, Vic Garman, Jimmy Neil, Mark Riley and Paul Satterfield.

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About the National Community Pharmacists Association Foundation
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 (NARD) Executive Secretary John W. Dargavel. Contributions to the foundation are tax-deductible as charitable donations to the extent permitted under federal tax law. The NCPA Foundation supports the growth of independent community pharmacy through scholarships to pharmacy students, critical research/programs to improve the success of independent pharmacy and patient care, community service programs, and financial aid to community pharmacy owners for their recovery in the event of disaster or other adverse circumstances. For more information, go to www.ncpafoundation.org.

About the National Community Pharmacists Association
The National Community Pharmacists Association (NCPA®) represents the interests of America's community pharmacists, including the owners of more than 22,000 independent community pharmacies. Together they represent an $81.4 billion health care marketplace and employ more than 314,000 individuals on a full or part-time basis. To learn more, go to www.ncpanet.org, visit facebook.com/commpharmacy, or follow NCPA on Twitter @Commpharmacy.