Gary Rice - Diplomat Pharmacy Executive Vice President - Operations

President

Mr. Gary Rice was Executive Vice President Operations of the Company. This position builds on his previous role as Senior Vice President of Clinical, Education, and Human Resources, in which he was responsible for Diplomat clinical support services education for patients and clients and human resources department. Before joining Diplomat in June 2011, Mr. Rice was Vice President of operations at ITSRx, where he provided operational and clinical leadership for the development of specialty and retail pharmacies. Mr. Rice also served as Director of Specialty Clinical Management for MedImpact Healthcare Systems Inc. Mr. Rice directed oncology strategy, specialty pharmacy sales management, the clinical guidance of specialty medication providers, and the clinical protocol development of 15 specialty therapy categories. Before his work at MedImpact, he was Vice President of Retail and Ancillary Services and Director of Pharmaceutical Services at the KelseySeybold Clinic in Houston, Texas.
Age 59
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diplomat Pharmacy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diplomat Pharmacy's short interest history, or implied volatility extrapolated from Diplomat Pharmacy options trading.

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 Dell Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dell Technologies 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 Dell Technologies - 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 Dell Technologies to buy it.
The correlation of Dell Technologies 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 Dell Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dell Technologies 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 Dell Technologies 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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