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Re: stocktrademan post# 5

Monday, 10/02/2017 8:49:07 PM

Monday, October 02, 2017 8:49:07 PM

Post# of 18
Diplomat Acquires 8th Day Software, Names New CIO

The nation's largest independent provider of specialty pharmacy services names Dave Loschinskey chief information officer and acquires the technology firm he founded

FLINT, Mich., Oct. 2, 2017 /PRNewswire/ -- Diplomat Pharmacy, Inc. (NYSE: DPLO) has acquired 8th Day Software and Consulting, LLC, and named its founder as Diplomat's chief information officer.

8th Day Software, based in Tennessee, will operate under Diplomat subsidiary Envoy Health Management LLC. 8th Day expands EnvoyHealth's service offerings for health care partners to include IT outsourcing, consulting, and product development.

"In an interoperable world, technology delivers comprehensive insight and sustainable value for patients and health care partners," said Jennifer Cretu, senior vice president of pharma services and marketing at Diplomat.

Dave Loschinskey, founder of 8th Day, becomes Diplomat's CIO. He served as CEO of 8th Day since it launched in 2013. The company is experienced in building technologies for patient engagement, reporting, hub management, payor services, and more.

"The health care market has shown significant demand for information technology services," said Phil Hagerman, CEO and chairman of Diplomat. "Dave built 8th Day along with past Accredo leaders, and their unique health care experience will bring new opportunities to provide better and broader services for our customers. Diplomat continues to move its analytics capabilities up the business intelligence curve from descriptive to predictive."

Loschinskey will oversee Diplomat's information technology strategy, day-to-day operations, and product development. He brings more than 20 years of experience in technology and software development, with a focus on the specialty pharmacy space.

"Since our founding, 8th Day has built technology designed to help our customers best serve their patients," Loschinskey said. "The same patient-first mentality is woven into Diplomat's culture, making this partnership all the more exciting. I'm proud to join such an innovative company as Diplomat."

Before founding 8th Day, Loschinskey spent nearly a decade with Accredo, which joined Medco and is now Express Scripts' specialty pharmacy—first as vice president of software development, then as chief information officer, and finally as vice president of business innovation. Previously, he served five years as senior director for Oracle Corporation, a multinational computer technology company.