Well being Professionals Alliance Names Kate Othus as CEO | Enterprise

LAKE OSWEGO, Ore .– (BUSINESS WIRE) – September 9, 2021–

Today Health Professionals Alliance Inc. (HPA) announced Kate Othus as CEO. The HPA is a service company that specializes in supporting freelance doctors. Othus previously held the office of President.

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Kate Othus, CEO, Health Professionals Alliance. (Photo: Business Wire)

Othus joined the company in January 2020. As the founder of a software company, she brought with her DataDx, a cloud-based software solution that offers real-time advanced analytics especially for independent practice owners. This advanced analytics platform is a core offering from HPA. Together with software and services, these two organizations help independent physicians and dentists meet sales and cost goals without ever compromising the quality of care.

The HPA’s offering comes to the fore while doctors and dentists are plagued by job dissatisfaction and the consolidation of the industry is proceeding at a rapid pace. The acquisition of private medical practices by hospital groups and private equity firms eliminates choice for doctors and consumers.

“The HPA is able to offer an effective alternative and help private practices thrive,” said Kate Othus, CEO of HPA. “My goal is to build a future generation organization that will bring doctors into a large-scale regional alliance across the country and allow doctors to focus on improving the health of the patients they care for.”

The National Medical Group Managers Association recently recognized Othus with its Exceptional Leadership Recognition. Her experience as CEO in Health Administration and as a technology founder will be beneficial in her position as CEO of the HPA.

“Othus has a track record of systems thinkers and big-picture solutions,” said Eric Schulz, president of Consulting Services, HPA and associate professor at Oregon Health Sciences University (OHSU). “Her experience working with doctors has enabled her to find solutions that empower independent practices in innovative ways that doctors are often too focused and busy to notice.”

The HPA also announced that Roy Rose, previously CEO, will serve as Executive Chairman. Other recent organizational changes include the hiring of Scott Bishop as General Counsel, two new regional directors and a new regional manager due to begin in October. The company is also actively recruiting a CFO. Kelly Neil is one of the newest members of the team and is joining as an Associate Administrator.

The HPA founded a service-based healthcare company where doctors not only enjoy discounted basic services and a state-of-the-art data analytics dashboard, but also have the option to become shareholders through a practice participation program that allows doctors to free up equity in their practice without the need to pay Selling to major healthcare systems or investors.

Later this month, the company will open its third private placement, the Champion Round, for accredited private dental and medical practices. To date, the company has raised more than $ 31 million in referrals in 40 private practices. Medical and dental providers currently operating in the HPA’s expanded network include (as of July 2021) over 3,000 medical and dental professionals. Private practices interested in investing in the championship round should contact Brendon Lundberg, HPA at [email protected].

About HPA

The Health Professionals Alliance, founded in 2018, offers a range of personal and professional services designed to empower and sustain the independent doctor. This alliance takes a holistic approach to growth that helps doctors focus on what they do best: taking care of their patients. Please visit hpamembers.com for more information.

Disclaimer for Securities

Any offer may only be made to accredited investors via the Authorized Private Placement Memorandum, which contains important information about the investment, the business, the management and certain risks. Health Professionals Alliance Inc. is not a registered broker-dealer, investment company, investment advisor, or crowdfunding portal and does not engage in any conduct that requires such registration.

The securities offered through the Private Placement Memorandum are being offered pursuant to the exemption from registration under the Securities Act of 1933, as amended under Rule 506 (c) under Regulation D of the Securities and Exchange Commission (“SEC”). All prospective investors are required to certify that they are accredited investors and must provide either supporting documents or third-party evidence qualifying for this type of illiquid investment and confirm that they have received and read all investment materials. There can be no assurance that Health Professionals Alliance Inc. will be able to pay dividends in the future or that a market will be established for its securities. Further risks arise from the operating business and liabilities. There is a possibility of losing part or all of the investment capital. Neither the SEC nor any federal or state securities commission or regulator has endorsed or approved any investment or verified the accuracy or completeness of the information or materials presented. All investors must make their own decision as to whether to invest based on their own independent assessment of the investment and their risk tolerance.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210909005277/en/

Jayme Barnes, Director of Marketing, Jayme @ hpamembers.com

KEYWORD: UNITED STATES NORTH AMERICA OREGON

INDUSTRY KEYWORD: FINANCE CONSULTING DENTAL SERVICES SMALL BUSINESSES PRACTICE MANAGEMENT MANAGED CARE HEALTH GENERAL HEALTH

SOURCE: Health Professionals Alliance Inc.

Copyright Business Wire 2021.

PUB: 09.09.2021 09:00 / DISC: 09.09.2021 09:01

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