The acquisitive HCPro continues to buy information and training properties.When NL/NL reported the management-led buyout of HCPro Corp. a year and a half ago, we quoted CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Bruce Guzowski: "This transaction will allow us to expand our industry leadership position through internally developed products and product lines in our current and new markets. We will also be very active in acquiring new assets and companies" (NL/NL 12/31/02). The company has certainly made good on its word: * In July 2003, HCPro bought Educational Planning Services Corp. (EPSCO), a publisher of training materials and manuals used by nurses, aides, and nurse managers. * Earlier this year, HCPro acquired the Nurse Recruitment and Retention newsletter from PubWorld Inc. * This month the Marblehead, Mass.-based company made two more strategic acquisitions. It acquired the assets of ePharmaceuticals and its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , ePharm5, from the Medical Broadcasting Company Noun 1. broadcasting company - a company that manages tv or radio stations company - an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage" . ePharm5, an e-business intelligence subscription service, delivers technology innovation information via e-mail to more than 1,000 pharmaceutical industry professionals each business day. Guzowski said, "This acquisition aligns perfectly with our growth objectives in the pharma industry and in electronic publishing." Philadelphia-based Medical Broadcasting Company (www.mbcnet.com) launched ePharm5 in 2000. The service covers the top five developments in health care that could drive emerging technology innovation within the pharmaceutical industry. Every issue features original research, interviews, and analyses. E-quipping HCPro also recently acquired the assets of E-quipping, a nurse aide training company. "Acquiring E-quipping further cements HCPro's position as the leading provider of Certified Nursing Assistant  This article or section may deal primarily with the U.S. and may not present a worldwide view. training and continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). materials," Guzowsky said. Founded in 1999, Springfield, Missouri-based E-quipping published specialty educational products used by nurses, aides, and nurse managers in skilled nursing, home health, and assisted living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. facilities. The company's primary products are CNA (Certified NetWare Administrator) See Novell certification. inservice-training lessons, and the E-quipping library includes more than 60 in-depth lessons in use at long-term care facilities long-term care facility n. See skilled nursing facility. throughout the U.S. HCPro's target audience for its products and services includes administrators, managers and senior medical staff at hospitals, nursing homes, doctors' offices, and other health care facilities. In addition, the company provides seminars and consulting services through The Greeley Company division. HCPro, 200 Hoods Lane, Marblehead, MA 01945, 781-639-1872, fax 781-639-2982, www.hcpro.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion