Leadership

Brad Schraut, Chief Executive Officer

Mr. Schraut has been CEO since 2005. Throughout his distinguished career he has developed startup companies in revolutionary industries into successful businesses. Under his leadership, InstyMeds has been transformed from a company with operations in a single state to an international network of dispensers that have successfully dispensed over two million prescriptions to patients from all 50 states and on three continents.  He pioneered the innovation and development of three new industries:  physician automation, home theaters and direct to patient dispensing.   Mr. Schraut started his career in the healthcare information industry as co-founder of Rovak, Inc., a provider of practice management software. He served as President of the Mid-Range Division of lnfoCure after Rovak was simultaneously rolled into InfoCure and consummated its IPO. Subsequently, Mr. Schraut served as CEO of Audio Video Planners, a top US custom electronic installation firm and consulted for Discus Dental of Los Angeles, CA and guided them with the creation of practice management and clinical software for dental specialists.

Ed Zeman, Chief Financial Officer

Mr. Zeman joined InstyMeds in 2002 with over 20 years of experience in dealing with public and private, large and small companies. His financial management expertise and business acumen have been instrumental in InstyMeds expansion from one dispenser to almost 200 nationwide. InstyMeds financial systems, policies and procedures have been developed by Mr. Zeman to meet the needs of a rapidly growing small company.  Mr. Zeman has a wide range of experience which spans accounting and reporting, capital management and equity transactions (IPO), investor relations, mergers & acquisitions, financial modeling, human resources, product development, administration and strategic planning.  During his career, Mr. Zeman held various positions at Deloitte & Touche, and was CFO at ARM Financial Group and Quantech Ltd.  Mr. Zeman received a BS degree in accounting with high distinction from the University of Minnesota.

Robert Bang, Vice President of Client Lifecycle

Mr. Bang has been with InstyMeds since 2006.  During that time, he has developed the Company's operations, sales and marketing efforts that led to contracts in 34 states and three countries.  Currently he is leading the Client Operations team.  He is a senior healthcare sales, marketing and operations executive with over 30 years of experience.  Most recently Mr. Bang worked with the Pyxis division of Carefusion, a leading provider of automated medication dispensing systems for the hospital in-patient market.  Previously, he has worked with other high technology healthcare and start-up companies including Cerner and Geodigm to bring new technologies and services to the market.  Mr. Bang holds an MBA from the University of St. Thomas in St. Paul, Minnesota.  He holds a bachelor degree in Finance and Management from Minnesota State University, Mankato.

Julie Geason, Vice President of Pharmacy Services

Ms. Geason joined InstyMeds in 2007 and has oversight for all pharmacy activities at InstyMeds, including Regulatory Affairs, HIPAA compliance, PBM contracting, and drug purchasing and distribution.  Prior to joining InstyMeds, Ms. Geason's diverse 30 year pharmacy career included hospital pharmacy practice, wholesale pharmaceutical sales, pharmacy utilization management, and claims adjudication. Under Ms. Geason's leadership, InstyMeds wholesale pharmaceutical subsidiary achieved VAWD Accreditation from NABP in 2009 and today, InstyMeds is licensed to distribute medications in more than 30 states.  Ms. Geason represents InstyMeds at regulatory agency meetings across the United States to ensure InstyMeds compliance with all applicable state and federal regulations. Previous positions include Staff Pharmacist at Abbott Northwestern Hospital, Staff Pharmacist at Children's Hospital Minneapolis, Hospital Sales Specialist with AmeriSource Corporation, Pharmacy Utilization Manager at Park Nicollet Medical Center, and Director of Pharmacy Utilization and Claims at Ancillary Care Management.   Ms. Geason received her pharmacy degree from the University of Minnesota College of Pharmacy.

Tim Vadnais, Director of Engineering

Mr. Vadnais joined InstyMeds in 2003 with extensive engineering management experience in the areas of automated production systems and remote systems monitoring via the Internet.  With over 25 years of product development and manufacturing experience in early stage businesses, Mr. Vadnais has fully applied his expertise to the rapid advancement of the InstyMeds design.  Combining his design knowledge with his supervisory responsibilities for all aspects of the manufacturing process, he has accelerated numerous production efficiencies and cost reductions.  He has also developed cost-effective global shipping processes and implemented a national field service organization.  Throughout his career, he has held management positions at GeoDigm Corporation, FSI International, Emerson Electric (Rosemount Engineering), and Seagate Technology.  Mr. Vadnais earned his BS degree in Mechanical Engineering from North Dakota State University.

Pratik Khetiya, Director of IT

Mr. Khetiya joined InstyMeds in 2004 and has oversight for the InstyMeds technology team and IT operations with a focus on Enterprise Architecture & 3rd party integrations, Compliance & Data Security,  Data modeling/design and Agile Project Management. With over 15 years of experience in Healthcare informatics covering all phases of software development life cycle and methodologies, Mr. Khetiya has been leading efforts in successful planning, development and implementation of IT solutions for external as well as internal clients while creating IT roadmap that aligns with the organization's strategic initiatives & goals. Mr. Khetiya received a MS degree (Software Engineering) with high distinction from the University of Minnesota.

 

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