Creating a new industry is not for the faint-hearted. What attracts people to InstyMeds and unites all our teammates is the passion for improving the care experience for patients and providers and patients alike.
We are passionate about getting prescription medications to patients round-the-clock so that they can feel better faster. We are passionate about making sure that providers can wow their patients by offering prescriptions at the point of care. And we are thrilled to contribute to healthier communities knowing that 94% of InstyMeds prescriptions are filled by patients as opposed to 70% average industry fill rates.
Each member of our leadership team has personally experienced problems with getting prescriptions for their loved ones at some point of their lives. Those experiences and their passion for expanding access to medications is what drives them to make InstyMeds available to more patients in new markets.
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 4 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 a 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, guiding them with the creation of practice management and clinical software for dental specialists.
Chief Financial Officer
David joined InstyMeds in 2021. David has over 35 years of experience in providing Senior Financial and Operational services to Management Teams dealing with Public, Private, Large and Small companies. David has successfully managed cross-functional enterprise initiatives across numerous industries. At InstyMeds, David developed financial systems, policies and procedures to meet the needs of a rapidly growing company in a dynamic business environment. David earned a Bachelor of Science Degree in Accounting from the University of Denver and an MBA from the University of Minnesota Carlson School of Management.
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.
Vice President of Sales and Account Management
Mr. Bang has been with InstyMeds since 2006. During that time, he has developed operations, sales and marketing efforts that led to contracts in 34 states, the Veterans Administration and three countries. Currently he is leading the Sales and Client Operations teams. He is a senior healthcare sales, marketing and operations executive with over 30 years of experience. Mr. Bang has worked with the Pyxis division of Becton, Dickinson and Company, a leading provider of automated medication dispensing systems for the hospital in-patient market. Previously, he has worked with other high technology healthcare and startup companies including Cerner and GeoDigm Corporation 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 also holds a bachelor’s degree in Finance, Management and Economics from the Minnesota State University, Mankato.
Micah Byers, PharmD
Vice President of Medication Adherence
Micah Byers, PharmD, is a MN Licensed pharmacist with expertise in healthcare transformation. Throughout his career he has helped implement and grow programs for collaborative practice, point of care testing, pharmaceutical care, and pharmacist led immunization delivery. He is passionate about patient care and improving outcomes. Exploring opportunities to improve transitions of care specifically has been an interest of his for many years and is what inspired him to enthusiastically join the InstyMeds team. InstyMeds has improved medical outcomes through increased medication compliance to positively impact quality of life for patients around the world for over 20 years. He believes that the team-based model that InstyMeds utilizes to get treatments to patients, quickly and safely, is easily replicable and empowers patient centered multidisciplinary health care teams to improve patient outcomes.
Micah Byers obtained his Pharm. D. from the University of Minnesota College of Pharmacy. He enjoys an excellent reputation among his peers and patients. In addition to his pharmacy experience and training, he has enjoyed mentoring pharmacy students for many years as a preceptor with the UMN College of Pharmacy.
Natallia West, PharmD
Clinical Pharmacy Patient Experience Lead
Natallia West has joined InstyMeds in March 2023. She is a bilingual PharmD who possesses strong skills in strategic communications and leadership. Natallia’s ability to combine an action focused mindset with a harmony-oriented communication style yield quality healthcare outcomes.
Natallia holds a Doctor of Pharmacy with a Leadership Emphasis from the University of Minnesota. She has also completed coursework in Linguistics and Teaching at Minsk State Linguistic University in Belarus.
Natallia has previously worked as a pharmacist at M Health Fairview and CVS. She has also worked as a medical and legal interpreter where she utilized her bilingual expertise in English and Russian.
Currently Natallia is working as a Clinical Pharmacy Patient Experience Lead. She provides leadership and oversight for the 24/7 Patient Service Center.
Natallia brings her expertise in Clinical Presentations, Physician/Customer Advocacy, Strategic Planning & Execution, Medical & Scientific Communication, and Patient Education and Counseling to InstyMeds.
Board of Directors
Mr. Kohler has over 20 years of experience in portfolio management, including venture capital and small cap publicly traded equities. He is currently Chief Investment Officer and Portfolio Manager with Blue Clay Capital. He was formerly with Whitebox Advisors for 11 years, most recently as a partner and Portfolio Manager. Previously, Mr. Kohler spent 13 years with Okabena Investment Services that manages the Dayton-Hudson family assets. Mr. Kohler earned a BA from the University of Minnesota and an MBA from Cornell University’s Johnson School with concentrations in marketing and finance.
Mr. Sprenger is the retired President and CEO of Allina Health System, an integrated healthcare system comprising 13 hospitals and 42 clinics. Mr. Sprenger had been a hospital administrator in the Twin cities for more than 35 years. Named in 1992 to head HealthSpan, Mr. Sprenger had been President and CEO of LifeSpan, Inc., parent of Abbott Northwestern Hospital, Inc., in Minneapolis since 1982. He became President and CEO of Abbott Northwestern Hospital in 1975, serving as CEO until 1993. Mr. Sprenger is currently the Chair of the Minnesota Orchestra Board of Directors and serves on the Board of Global Market of Minneapolis.
Robert Van Tassel, MD
Dr. Robert Van Tassel received his undergraduate degree and Doctorate of Medicine from the University of Minnesota. He completed his residency in internal medicine at Hennepin County Medical Center in Minneapolis and a fellowship in cardiovascular disease at the University of Minnesota Hospital. He served two years as a flight surgeon in the United States Air Force. Dr. Van Tassel is a board certified cardiologist and served as a Senior Consultant in Cardiology at the Minneapolis Heart Institute at Abbott Northwestern Hospital in Minneapolis and as a Clinical Professor of Medicine at the University of Minnesota until his retirement in 2010.