Newsmaker: Doug Kaleugher
Noteworthy : One of three finalists for Entrepreneur of the Year in the Next Generation Pharmacist awards, to be announced next week in Boston. Pharmacy equipment maker Parata Systems, part of McKesson Corp., and Pharmacy Times magazine sponsor the award, for pharmacists who define the industry’s future.
Age : 50
Residence : Cranberry
Family : Wife Dina; four children
Occupation : Owner and president of Med-Fast Pharmacy, a chain with 17 retail locations across Western Pennsylvania, plus a mail order pharmacy, a compounding pharmacy that fills special orders and a long-term care pharmacy. The company is based in Aliquippa.
Education : Graduate of University of Pittsburgh School of Pharmacy; registered pharmacist
Background : Opened first Med-Fast in 1990 in Moon, later expanded and started other businesses. They are National Sign Inc., Shamrock Limousine, Thrifty Car Rental and Thrifty Car Sales, Studio DCI recording business and information technology firm iServe Technologies.
Quote : “Pharmacy is changing from what it was to what it needs to be — becoming a dispenser of information, taking care of patients and (offering) more value-added services than just what the doctor prescribes.