H. D. Smith Specialty Solutions Appoints 20-year Industry Veteran Tim Booth to Executive Vice President
Published: Feb 04, 2013
SPRINGFIELD, Ill., Feb. 4, 2013 /PRNewswire/ -- H. D. Smith, among the nation's largest pharmaceutical wholesalers, today announced the appointment of Tim Booth to executive vice president, Smith Medical Partners. Smith Medical Partners is a wholly owned subsidiary of H. D. Smith focused on specialty pharmaceutical distribution and services, and is part of the newly formed H. D. Smith Specialty Solutions group, an organization structured to provide focus and alignment around specialty and traditional brand products, solutions and services.
Booth brings to Smith Medical Partners more than 20 years of experience in leading organizational business strategy, operations, sales and profitability management. In his new role, he will oversee Smith Medical Partners' operations, sales and company management and be responsible for achieving specific goals for the organization.
"Smith Medical Partners, as part of H. D. Smith Specialty Solutions, is committed to providing customers with a true end-to-end service value chain enabling healthcare providers to deliver lifesaving medicines and supplies to patients with specialized needs," said Joe Conda, president, H. D. Smith Specialty Solutions. "Tim's knowledge and senior-level industry relationships will help us continue the transformation of H. D. Smith from a strictly wholesale distribution company to a services- and solutions-based company that supports the independent community pharmacies, local institutions and specialized care centers that make up the backbone of the US health system."
Booth most recently served as corporate vice president of H. D. Smith's Home Healthcare operations. He joined H. D. Smith in 2012 as corporate vice president Home Healthcare where he established strategic methods for improving the company's home healthcare profit through vendor and customer relationships, sales leadership and distribution center coordination.
"Tim's appointment to executive vice president of Smith Medical Partners is a clear reflection of our commitment to align H. D. Smith talent to best meet customer and partner needs," said Dale Smith, chairman and chief executive officer H. D. Smith. "He is a powerful leader whose strong background in operations, strategic planning, regulatory and compliance will serve Smith Medical Partners and its customers well, as we continue the expansion of our Specialty Solutions operation."
Prior to joining H. D. Smith, Booth was president of RxPak, a division of The McKesson Corporation, specializing in the financial and operational responsibilities of its pharmaceutical packaging division. His experience also includes serving as president/CEO of PrePak Holdings, a private equity-owned pharmaceutical packaging contract manufacturing and packaging company. There he was responsible for managing operations and financial results and developing a strategic direction for the company which included acquisitions.
Booth holds a master of business administration degree, with a concentration in international business and finance, from Cleveland State University. He also holds a bachelor's degree of business administration, with a finance emphasis from the same institution.
About H. D. Smith
Headquartered in Springfield, Illinois, H. D. Smith is among the largest national full-line, full-service wholesalers providing a range of solutions and services to manufacturers and a complete line of pharmaceuticals, OTCs, HBAs, home healthcare products, durable medical equipment, seasonal merchandise and a wide array of marketing programs to retail pharmacies, regional chains and health systems. The company has locations in California, Florida, Kentucky, Illinois, New Hampshire, New Jersey, Ohio and Texas that service major markets throughout the United States. Additional information about H. D. Smith can be found at hdsmith.com.
About H. D. Smith Specialty Solutions
Located in Wood Dale, Illinois, this business serves as H. D. Smith's umbrella organization, structured to support manufacturing customers, as well as pharmacy, hospital and institutional care customers and the patients they serve. H. D. Smith Specialty Solutions is structured to provide focus and alignment around specialty and traditional brand products, solutions and services. Smith Medical Partners, Triplefin, H. D. Smith's Specialty Commercialization Team and H. D. Smith's Third-Party Network are all components of H D. Smith Specialty Solutions.
About Smith Medical Partners
As a wholly owned subsidiary of H. D. Smith, Smith Medical Partners focuses on specialty pharmaceutical distribution and services. Smith Medical Partners delivers to healthcare providers lifesaving medicines and supplies, including a full line of brand pharmaceuticals, injectables, vaccines and a robust generics portfolio. Licensed in all 50 states, Smith Medical Partners combines national reach with accessibility. With a knowledgeable team focused on providing exceptional customer care and offering valuable insight on item selection, patient assistance programs and reimbursement solutions, Smith Medical Partners services hundreds of specialty pharmacies and thousands of physician offices and clinics of all sizes. More than just product dispersal, Smith Medical Partners provides flexible offerings that facilitate cost-containment and efficiency throughout the supply chain, including helping manufacturers procure credentialed comparator products for clinical trials, third-party logistics and back-end telesales support for new and end-of-life cycle commercial products. Additional information about Smith Medical Partners can be found at smpspecialty.com.
SOURCE H. D. Smith