PHIL HAGERMAN:
President and CEO of Diplomat Specialty Pharmacy in Swartz Creek. Hagerman started Diplomat Pharmacy with his father. As a specialty pharmacy, Diplomat distributes medications that require more oversight than usual. It employs nurses and other professionals who teach patients how to properly use medication. Diplomat also developed the Electronic Navigator (eNav) patient care software system, which delivers electronically scheduled medication histories, symptom management notifications, contraindication warnings, and more to physicians. The eNav system broadens reporting and data capabilities for physicians and health plans. Diplomat ranked 235th on the 2009 Inc. 500 list of fastest growing private companies in America, with a growth rate of 917 percent from 2006 to 2009. In 2009, Diplomat’s staff achieved a company record $12.1 million in funding (known in the industry as co-pay assistance) for 6,664 patients who were seeking assistance, up from $9.2 million for 4,203 patients in 2008. Diplomat plans to have more than $500 million in revenue in 2010 and to add one million covered patients in the first quarter through new contracts from prescription benefit managers and managed care organizations. Diplomat also plans to hire about 100 people this year at its two locations in Genesee County. The company was recognized as the regional pharmacy of the year by the Good Neighbor Pharmacy Network. Hagerman is a past president of the Genesee County Pharmacy Association and has served on numerous state and local committees. He is a frequent speaker at state and national pharmacy and hospice conferences on practicing creative pharmacy and developing and marketing a specialty practice. He was named pharmacist of the month by the Professional Compounding Centers of America, a national network of more than 1,000 specialty pharmacies. He received the innovative pharmacy practice award from the Michigan Pharmacists Association, and the blue chip award for outstanding business practices from the U.S. Chamber of Commerce. Hagerman has served as a consultant for the U.S. Department of Justice and as an expert witness in cases of drug diversion. He is an adjunct instructor of clinical pharmacy at Ferris State University, where he received his bachelor’s degree in pharmacy.
