GARDEN CITY, N.Y., Jan. 9, 2018 /PRNewswire/ -- Garden City, NY based Brokerage firm Craft Capital Management is pleased to announce that Dr. Steven Gerst has accepted a position at Craft Capital. Dr. Gerst brings years of experience in the medical device, bioscience and pharmaceutical space. Along with a high level of expertise in the medical field, he also has a deep understanding of the capital markets arena. "He is so respected by his peers, and has such a wide network, what he brings to Craft Capital cannot be measured by any one barometer. We are extremely excited that Dr. Gerst has joined our team," said Barry Kiront, CEO of Craft Capital.
About Craft Capital Management
Craft Capital Management is a full-service broker dealer and investment bank. Areas of focus include numerous growth sectors such as biotechnology, consumer goods and services, financial services and business, technology, healthcare, medical device, and other categories. Craft Capital Management assists companies with corporate finance services, including initial public offerings, follow-on offerings, private placements, registered direct offering, corporate notes, credit lines and financial advisory services. Additional information about Craft Capital Management LLC is available at www.craftcm.com. If you would like to inquire how Craft Capital may be able to assist with your company's financial needs, please contact us at [email protected].
About Dr. Steven Gerst
Dr. Steve Gerst is a graduate of the Columbia University College of Physicians and Surgeons (M.D.) and is an Aresty Scholar of the Wharton School of Business at the University of Pennsylvania. He is a graduate of Columbia College (B.A.), Columbia School of Public Health – Health Administration (M.P.H.) and is enrolled in the Graduate Management Program at The Wharton School. Dr. Gerst is Board Certified in Medical Management and is Diplomat in the American College of Healthcare Executives.
Dr. Gerst is formerly Senior Consultant and Regional Medical Director for what is now PricewaterhouseCoopers, LLP. He was President of Columbia/HCA's PPO division nationally under Florida's current Governor, Rick Scott, and Vice President of the corporation. He helped create VISTA Health Plan (now Coventry/Aetna); the largest HMO is south Florida. Prior to that, he was Assistant Vice President of Crawford & Company (Atlanta) the world's largest independent claims management company, with more than 700 offices in 70 countries.
At Crawford & Company, he built the first nationwide PPO for AIG, Boeing and other Crawford clients with 1,200 hospitals and 120,000 physicians. He began his career consulting to what is now Premier (Charlotte), the largest hospital Group Purchasing Organization (GPO) in the U.S. serving 3,750 member hospitals. Dr. Gerst holds certificates of completion in additional course work from Harvard Business School, Harvard Law School, Harvard School of Public Health and the Wharton School of Business at the University of Pennsylvania. In addition to his on-line teaching at the University of Miami School of Health Sciences in Clinical Healthcare Informatics, he is an "Entrepreneur–in-Residence "at the Miller School of Medicine working for the Vice Provost in the Office of the Chief Innovation Officer and lectures at the Business School for both the Undergraduate and Graduate Healthcare MBA levels.
Dr. Gerst is a Founder & Principal in Asclepius Life Sciences Fund, LP, an offshore Hedge Fund focused on developing pharmaceutical and biotech companies. Throughout his career, he has been involved with over $2 billion in Mergers & Acquisitions Transactions and company turnarounds. He holds his Series 7, 66 and 65 FINRA licenses (SEC).
SOURCE Craft Capital Management