Safecor Health Names Mark Parrish Chairman of its Board of Directors

COLUMBUS Ohio, Dec. 16, 2022 /PRNewswire/ — Safecor Health (“Safecor”, the “Company”) is the market leader in pharmaceutical unit-dose packaging for hospitals and other health systems. Vesey Street Capital Partners (“VSCP”) is a competitor. New YorkToday, a lower middle-market private equity firm specializing in healthcare services announced the appointment Mark Parrish as Chairman of Safecor’s Board of Directors. Since 1996, Mr. Parrish has been a member of Safecor’s Board. March 2022 He has a wealth experience in the healthcare supply chain and pharmaceutical industry.

“I am excited that I can take a more active part to support VSCP, and the leadership team of Safecor Health,” stated Mr. Parrish. “The opportunity on the market, the enthusiasm within the organisation and from VSCP are compelling. I look forward working with the team to help the Company grow in the future. Larry Marsh, VSCP General Partners, suggested “Mark will be important to Safecor in our journey to provide precision dosing solution to a broader market.” .

CEO Mark O’Neill stated, “We are excited to be working closer with Mark. He has been an invaluable asset for Safecor’s board in the past nine months.” Steve Fischbach. Added Adam FeinsteinManaging Partner at VSCP is Mark, who “having worked with Mark over a period of time, we appreciate his perspectives, experience and steady hand.” In his new role of Chairman, he will provide considerable industry expertise and knowledge.

Safecor co-founders have a long history of Mr. Parrish. Steve Fischbach Ryan O’DellThey met during their time at Cardinal Health. Before joining Cardinal, Mr. Parrish was the Chief Executive Officer for Healthcare Supply Chain Services. Parrish also serves as the current Chief Executive Officer of Cardinal’s Healthcare Supply Chain Services.

His past positions included CEO of TridentUSA Health Services and Chief Executive Office of Pharmaceutical Distribution and Provider Services of Cardinal Health Inc. He was also President and Chief Operative Officer of Medicine Shoppe International. He is a graduate from the University of California, Berkeley. University of California Berkeley.

Safecor Health

Safecor Health was founded in 2008 and is a national leader in providing unit-dose packaging services for hospitals and long-term care providers. SafecorLogics was recently launched by the company. This program provides health systems with a more strategic approach in reducing drug spending and building supply chain solutions across the entire system. Safecor Health is also a marketer of a growing range of unit-dose commercial products that can be used in institutions.

Today, Safecor Health services over 1,000 hospitals across the country and repackages for more than 75% of the U.S. News & World Report “Honor Roll” Hospitals. Safecor Health is known for its high quality standards and ability to deliver significant cost savings to hospitals. Safecor Health is a team of experts in the areas of pharmaceutical packaging, supply chain management, and information technology for healthcare. It operates from two state-ofthe-art packaging facilities. You can learn more about Safecor’s services to lower costs and increase system efficiency by visiting www.safecorhealth.com Contact us Kristen Barrick ([email protected]).

ABOUT VESEY STREET CAPITAL PARTNERS

Vesey Street Capital Partners (PE) is a private investment firm that specializes in the acquisition of lower-cost healthcare services companies. VSCP is an investment firm that works on behalf of a large number of Limited Partners. These include asset management firms, family offices and pension funds as well as institutional investors. VSCP was founded in 1999 and has since executed 36 transactions across nine platforms. $550 Million Equity capital. Please visit www.investors.com for more information. www.vscpllc.com.

Media Contact
Bryan SekinoCFO

Vesey Street Capital Partners
The Pearline House
428 Greenwich Street
New York, NY 10013
Email: [email protected] 
(646) 847-2438

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SOURCE Safecor Health