HR Execs on the Move


 
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Pendrick Capital Partners

Pendrick Capital Partners is one of the largest HEALTHCARE debt buyers in the USA providing additional revenue streams to all our clients. Our management team is comprised of industry veterans with over 80 years of combined knowledge. We bring core expertise to all consumer debt segments in our underwriting and servicing processes. We hold ourselves to the highest standards and take pride in our business relationships. Our commitment to customer service is unmatched in the industry, just ask for our references. The sale of aged A/R among HEALTHCARE providers has become much more mainstream over the last 10 years. During the last 3 years, Pendrick Capital Partners has purchased over 55 million accounts with a face value of over $16 billion. These portfolios represent patient accounts at ER physician groups, ambulance companies and hospitals. The desire of providers to implement a profitable, compliant, and sensible solution to their revenue cycle challenges and cash acceleration needs has never been greater. With the right partner, the impact of selling should be no different than the impact of using contingency collection agencies to recover delinquent accounts. In many cases, clients have informed us that this practice has enhanced overall collections, as it creates an expectation of payment within their patient bases. Pendrick Capital Partners recognizes the important role that physicians, clinics and hospitals play in local communities and conducts its business with the highest degree of professionalism and respect for patients and clients. Careful due diligence helps us understand an organization`s unique needs and ensures that our tailored collection efforts meet our clients expectations prior to starting a relationship. We do not resell accounts and strongly recommend that any healthcare provider who is concerned about patient and community relations makes a no-resale provision a non-negotiable part of its business agreement with any debt buyer.

ChromaScape

ChromaScape is a specialty chemicals company based in Independence, Ohio, with a production facility in Stow. Founded in 1998, it has roots dating back to 1968. The company operates six manufacturing and distribution facilities across the U.S. and boasts over 100 years of combined expertise in colorant formulation and supply chain management. ChromaScape focuses on lean manufacturing, digital integration, and customer-centric processes to enhance quality and efficiency. ChromaScape offers a range of products, including colorants and additives for various industries. In landscaping, it provides Amerimulch® colored mulch and rubber/aggregate colorants. For packaging, it supplies Aquablak® aqueous carbon black dispersions and CEL Chemical adhesives for waterproof corrugated board. In construction, its Innotech® decorative concrete colorants and ChromaPave® asphalt sealcoat colorants are widely used. The company has expanded its portfolio through strategic acquisitions, enhancing its offerings in printing, packaging, and consumer specialties.

The Big Biscuit

The Big Biscuit, founded in 2000, is an All-American breakfast and lunch concept focusing on freshly prepared classic comfort food consistently served with generous portions in a family-friendly environment. The Big Biscuit has 27+ locations in Kansas, Missouri, Oklahoma, and Arkansas

Trucordia

A top 20 U.S. insurance brokerage headquartered in Lindon, Utah, Trucordia, formerly PCF Insurance Services, offers a broad array of commercial and personal lines, life and health, employee benefits, and workers compensation insurance solutions. Trucordia is an integrated organization united by a passion to deliver extraordinary opportunities and exceptional experiences for its clients, partners and each other. With more than 5,000 employees across the U.S., Trucordia is a notable leader in the insurance brokerage space, ranking #19 on Business Insurances 2024 Top 100 Brokers and #13 on Insurance Journals 2024 Top Property/Casualty Agencies.