Paul Urick - Diplomat Pharmacy President

President

Mr. Paul Urick is President of the Company, since November 1, 2016. Mr. Urick works closely with Diplomats operations, clinical services, and sales teams, as well as industry partners. He has spent more than two decades building indepth knowledge and key relationships in specialty pharmacy, managed markets, and integrated health systems. Mr. Urick served as vice president of Industry Relations, Pharmaceutical Account Management, and Payor Strategies upon our acquisition of Burmans in June 2015. He was promoted to senior vice president in February 2016. In that role, he provided overall strategy and execution for all pharmaceutical and payor partners. Mr. Urick was president of managed markets and industry relations for Burmans from September 2014 until its acquisition by us. Before that role, beginning May 2011, he served as senior vice president of pharmacy operations for Cigna Corporationrationration, a healthcare company serving more than 15 million customers. He led Cignas internal PBM and home delivery operations. From 2004 to 2011, Mr. Urick was senior vice president of pharmacy services at Independence Blue Cross. During his tenure, he served as president for FutureScripts and FutureScripts Secure, two PBM companies he incorporated. In addition, Mr. Urick spent 10 years at Geisinger Health System, a leading integrated health services organization. There, he transformed and insourced PBM operations for Geisinger Health Plan. Mr. Urick is a member of the Academy of Managed Care Pharmacy, the National Association of Specialty Pharmacy, and other national associations. since 2016.
Age 44
Tenure 8 years
Phone888 720-4450
Webwww.diplomat.is

Diplomat Pharmacy Management Efficiency

The company has return on total asset (ROA) of (0.2088) % which means that it has lost $0.2088 on every $100 spent on assets. This is way below average. Diplomat Pharmacy's management efficiency ratios could be used to measure how well Diplomat Pharmacy manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 586.51 M in liabilities with Debt to Equity (D/E) ratio of 447.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Diplomat Pharmacy has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Diplomat Pharmacy until it has trouble settling it off, either with new capital or with free cash flow. So, Diplomat Pharmacy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Diplomat Pharmacy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Diplomat to invest in growth at high rates of return. When we think about Diplomat Pharmacy's use of debt, we should always consider it together with cash and equity.

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Diplomat Pharmacy, Inc. operates as an independent specialty pharmacy in the United States. The company was founded in 1975 and is headquartered in Flint, Michigan.As of February 7, 2020, Diplomat Pharmacy, Inc. operates as a subsidiary of OptumRx, Inc. Diplomat Pharmacy operates under Drug ManufacturersSpecialty Generic classification in USA and is traded on New York Stock Exchange. It employs 2132 people. Diplomat Pharmacy (DPLO) is traded on New York Stock Exchange in USA and employs 2,132 people.

Management Performance

Diplomat Pharmacy Leadership Team

Elected by the shareholders, the Diplomat Pharmacy's board of directors comprises two types of representatives: Diplomat Pharmacy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Diplomat. The board's role is to monitor Diplomat Pharmacy's management team and ensure that shareholders' interests are well served. Diplomat Pharmacy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Diplomat Pharmacy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Shawn Tomasello, Independent Director
Jeffrey Park, Director
Brian Griffin, Chairman of the Board, CEO
Gary Kadlec, President Director
Daniel Davison, CFO, Treasurer
Philip Hagerman, Chairman of the Board, CEO, Co-Founder
Dan Davison, CFO, Treasurer
Gary Rice, Executive Vice President - Operations
Kenneth Klepper, Independent Director
Sean Whelan, CFO, Treasurer, Secretary, Director
Joel Saban, President
Robyn Peters, Executive Vice President of Sales and Payor Strategies
Benjamin Wolin, Independent Director
Paul Urick, President
Atheer Kaddis, Senior Vice President Sales and Business Development, Director
Asher Dewhurst, IR Contact Officer
Atul Kavthekar, CFO
Regina Benjamin, Independent Director
Dave Loschinskey, COO
Terri Powers, Vice President Investor Relations
David Dreyer, Independent Director

Diplomat Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Diplomat Pharmacy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Diplomat Pharmacy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Diplomat Pharmacy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Diplomat Pharmacy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to ATyr Pharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATyr Pharma when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ATyr Pharma - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling aTyr Pharma to buy it.
The correlation of ATyr Pharma is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ATyr Pharma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if aTyr Pharma moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ATyr Pharma can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Other Consideration for investing in Diplomat Stock

If you are still planning to invest in Diplomat Pharmacy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Diplomat Pharmacy's history and understand the potential risks before investing.
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