Nicholas Opalich: Distinguished C-Suite Executive and Pharmacy Industry Specialist
Nicholas Opalich, often known as 'Nick', is a highly regarded executive and professional consultant with a deep-rooted connection to the pharmacy industry. Residing in Northeast Ohio, he boasts over 25 years of comprehensive experience and knowledge in the pharmaceutical sector. He is notably skilled in the areas of mergers and acquisitions.
Versatile Executive Career
Throughout his career, Nicholas has excelled in several leadership roles, particularly in hospice pharmaceutical claims processing, pharmacy benefits, and drug manufacturing. His expertise notably encompasses hospice and palliative care pharmacy operations. Additionally, he has developed a thorough understanding of mail order pharmacy systems, specialty infusion services, pharmaceutical procurement, and medication distribution. His leadership acumen has been a key driver in enhancing company valuations across these domains.
Nicholas has become a member of NHPCO, the National Hospice and Palliative Care Organization, and serves as the Founder and CEO of HospiceChoice Rx. Visit www.nhpco.org.
Opalich has also guided teams in hospice pharmacy operations, specialty medical benefit management, and various other business development and management areas. His mentoring extends to realms like account management, call center systems, product design, marketing, and corporate workflow processes.
Educational Background
An alumnus of David N. Myers University in Cleveland, Ohio, he holds bachelor's degrees in both pharmacy and business management.
Philanthropy and Personal Interests
Nick is a committed philanthropist and volunteer, supporting causes related to animal welfare, poverty alleviation, public health, and homeless shelter services. Outside of his professional life, he enjoys spending time with his family, football, sailing, and wrestling.
Current Role
Founder and CEO of HospiceChoice Rx
Nick Opalich is the Founder and CEO of HospiceChoice Rx, a specialized pharmacy benefit manager for hospice care. Launched in 2023, the company is currently focused on establishing contracts with major hospice providers. He emphasizes the company's dedication to customer experience, prioritizing patient care and comfort while offering cost-effective pharmacy benefit administration.
Career History
OPSIA, OPSIC, and Continental Health Care
Nick's journey includes founding Outpatient Physician Services of Cleveland, Inc., (OPSIC) and Outpatient Physician Services of America, Inc. (OPSIA) in 1988. He played a pivotal role in the development and growth of these organizations, guiding them through significant industry shifts. His tenure saw the acquisition of OPSIC by OPSIA, eventually transforming into Continental Healthcare, Inc. Under his leadership, the company became a leading distributor and pharmacy for prominent pharmaceutical companies.
Strategica Health Partners
In 2002, Nick founded Strategica Health Partners in Cleveland, Ohio, a consultancy firm focusing on healthcare services and pharmaceutical solutions. As CEO, he oversaw various critical operations, helping clients achieve new growth and productivity levels. He remained CEO until 2013 and continues as a managing partner.
InfinityRx
Between 2021 and 2022, Nicholas Opalich served as CEO of InfinityRx, a New York-based pharmaceutical program administrator.
Home Infusion Systems
He began his career with Home Infusion Systems in 1982, pioneering in specialty infusion services and served as its CEO until 1987.
Capital Rx, Inc.
Opalich also collaborated with Capital Rx, Inc. as a consultant on a significant healthcare system project in the USA.
Academic Background
Degrees in Pharmacy and Business Management
Nick earned his Bachelor of Science in Business in 1974 from David N. Myers University, also achieving bachelor's degrees in pharmacy and business management from Meyers College the same year. His educational journey began at Mayfield High School, graduating in 1970.
Professional Appointments
Advisory Roles and Industry Contributions
Currently, Opalich holds positions on the Advisory Board of Specialty Pharmacy News and Atlantic Information Services. He also plays a key role in the pharmacy benefit management and specialty pharmacy mergers and acquisitions sectors of a leading healthcare investment banking firm.
Philanthropic Endeavors
Commitment to Various Charities and Nonprofits
A lifelong philanthropist, he supports organizations such as the Lakeside Men's Shelter and Cleveland Ohio’s Men City Mission. His efforts extend to various areas including animal welfare and public health.
Personal Life
A Life Rich with Hobbies and Interests
Nick Opalich is an avid sports fan, particularly of football and collegiate wrestling. He is an experienced hiker, having undertaken several challenging trails, including a memorable hike through the Grand Canyon. Family and friends play a significant role in his life, alongside his professional and philanthropic pursuits.
