Benzer Pharmacy Surges Forward with “Fast 50” Award from Tampa Bay Business Journal (TBBJ)

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Revenue growth strong enough to earn a 25th place on TBBJ’s fastest growing list for 2018

Benzer Pharmacy is honored to announce that it has been recognized among the fastest growing companies in the region by the Tampa Bay Business Journal, placing 25th on this year’s list. Eligibility for consideration requires each entrant to be a privately held, for-profit company which has posted positive revenue growth for three years in a row, starting from a baseline annual revenue total of $1 million in 2015 or $5 million in 2017.

In large part, Benzer Pharmacy merited inclusion based on a significant jump in earnings from $158 million in 2016 to $232 million in 2017. Yet, that figure is only part of the story. As Benzer's Cheif Financial Officer, Robert Shatanoff points out, the company’s “Fast 50” award was well-deserved in other areas beyond the bottom line.

“In the past year, Benzer’s mission was to upgrade technology all across the board,” Shatanoff said. “[As a result], we streamlined our processes by changing the point-of-sale (POS) system, the AR system, and the accounting system for all [our affiliated] pharmacies.”

Perhaps more impressively, Shatanoff also spoke highly of the company achieving “the Accreditation Commission for Healthcare (ACHC) [designation] for the services of the Community Retail and Specialty Pharmacy Program, and PCAB accreditation [both in 2018].”

Outstanding achievements by any measure, but they don’t necessarily provide much insight into what life is like for employees on the front lines, as well as for those working behind the scenes at company headquarters. On that score, Maitri Mehta, Marketing Manager, gladly explained, Benzer is a great place to work besides just being a reliable place to cash a paycheck.

“We have ongoing employee activities for team building and raising positive spirits in our employees, [including] motivational speakers, company-sponsored lunches and potlucks to enhance the company culture of a family environment,” Mehta reasoned. “Essentially, we do our best to take care of each other so that all of us can play a part in supporting the needs of patients to the best of our ability.”

Benzer Pharmacy is a chain of independent retail pharmacies specializing in specialty drugs and medication management programs for people with complex chronic diseases. In addition to this year’s TBBJ Fast 50 award, the company has also been ranked among Tampa Bay’s top workplaces for the last three years running.

TBBJ’s Fast 50 annual awards program evaluates privately-held, for-profit companies within the counties of Hernando, Hillsborough, Manatee, Pasco, Pinellas, and Polk/Sarasota. The TBBJ reports that selected companies had collective 2017 revenues of $3.4 billion while employing nearly 6,000 people. Final rankings were released late last week at a luncheon in downtown Tampa.

To learn more about Benzer Pharmacy, visit http://www.benzerpharmacy.com

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About Benzer Pharmacy
Founded in 2009, Benzer Pharmacy is a chain of independent retail pharmacies specializing in compounding and specialty medication. Currently, there are 70+ corporate and approximately 20 franchise locations situated throughout Florida, Michigan, Virginia, North Carolina, Tennessee, Texas, Georgia, Nevada, Louisiana, New York, Missouri, Mississippi, Maryland, Indiana, and Idaho. Projections call for continued rapid growth as the organization seeks to substantially increase its customer base while ensuring experiences match expectations at every touchpoint.

Benzer Pharmacy earned position 1,500 on the 2015 Inc. 5,000 list of the fastest growing private companies in America; correspondingly, the company earned a 39th place among the fastest-growing private companies in Florida on the 2015 Florida Fast 100 list, while concurrently placing 67th on the 2015 TBBJ 200 list of Tampa Bay’s largest private companies. Benzer was also voted favorite pharmacy in 2015 Best of Fuquay Varina in North Carolina and achieved PCAB compounding accreditation with Accreditation Commission for Health Care (ACHC). All Benzer Pharmacy medications require a doctor's prescription.

Facebook: https://www.facebook.com/BenzerPharmacy
LinkedIn: https://www.linkedin.com/company/benzerpharmacy
Instagram: https://instagram.com/benzer_pharmacy

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Maitri Mehta
Benzer Pharmacy
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