Bankers Healthcare Group

Bankers Healthcare Group Inc. is a privately owned, American company that provides financing and credit cards to healthcare professionals.

Bankers Healthcare Group
Private
IndustryFinancial Services
Founded2001
FounderAl Crawford, Bob Castro, Eric Castro
HeadquartersDavie, Florida
Area served
United States
Websitebankershealthcaregroup.com

History

The company was founded in 2001[1] and has a corporate headquarters located in Davie, Florida, and a financial headquarters located in Syracuse, New York. BHG also holds a national sales office in New York City.[2] In the last decade, the company has experienced growth of over 2,500 percent.[3]

In February 2015, Pinnacle Bank, acquired a 30 percent interest in Bankers Healthcare Group for $75 million.[4] In February 2016, Pinnacle purchased an additional 19% of BHG for $144 million worth of cash and stock.[5]

Since 2005, BHG has been ranked on the Inc 5000 list over ten times.[6] In 2016, BHG’s Davie location was named the best place to work by the South Florida Business Journal.[7] In March 2017, BHG ranked #9 on Fortune’s 40 best companies in financial services.[8]

Services

Bankers Healthcare Group is a direct lender that provides financing to licensed healthcare professionals[9] such as physicians, dentists and veterinarians.[10]

In 2011, the company introduced a credit card option to support healthcare professionals.[10]

In 2015, BHG launched a sister company, BHG Insurance Services, to provide personal and commercial insurance coverage to healthcare professionals.[11]

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References
  1. "How Albert Crawford and his partners delegate to a new leadership to grow Banker's Healthcare Group - Smart Business Magazine". Smart Business Magazine. Retrieved 2018-10-19.
  2. Moriarty, Rick. "Syracuse agency approves tax exemptions for financial services company moving to Franklin Square". Syracuse.com. Retrieved 3 September 2014.
  3. "Bankers Healthcare Group reaches $1 billion in loans". CNY Business Journal.
  4. Lincoff, Nina. "Majority interest of Davie healthcare group acquired by Nashville company for $75M". South Florida Business Journal. Retrieved 16 April 2015.
  5. Minaya, Ezequiel. "Pinnacle Financial to Raise Stake in Bankers Healthcare Group to 49%". Wall Street Journal. Retrieved 17 March 2016.
  6. "The votes are in, and Bankers Healthcare Group is one of America's Best Workplaces of 2018!". Inc.com. Retrieved 2018-10-19.
  7. "SFBJ's Best Places to Work 2016 Winner: Large Companies". South Florida Business Journal. Retrieved 17 March 2016.
  8. "40 Best Companies in Financial Services". Fortune. Retrieved 2017-05-26.
  9. "Bankers Healthcare Group expands in Franklin Square". syracuse.com. Retrieved 2018-10-19.
  10. "Eric R. Castro, Robert T. Castro & Albert C. Crawford, founders, Bankers Healthcare Group Inc. - Smart Business Magazine". Smart Business Magazine. Retrieved 2018-10-19.
  11. "Bankers Healthcare Group Launches Agency for Healthcare Professionals". Insurance Journal. 2015-06-19. Retrieved 2018-10-19.
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