GOOD NIGHT, WORRIES
Growth of nighttime pediatric practice helped by National Bank of Arizona
By Debra Gelbart
Research shows the majority of children’s visits to a hospital emergency room at night aren’t serious enough for emergency-level care. That fact inspired neonatologist Michael McQueen, M.D., who also is board-certified in pediatrics, to establish an urgent-care pediatric practice in 2004 that operates only during the hours of 5 p.m. and 5 a.m. “I wanted to match up the right resources for the right patients,” McQueen said.
McQueen received a master’s in business administration and during his studies, he met finance manager Larry Blumenthal. Together, they created the concept for Good Night Pediatrics (GNP). When multiple locations of the practice were established, Blumenthal joined the company as Chief Financial Officer.
Today, GNP has five Valley locations and an additional office in Nevada. In nine years of doing business, the company has overseen 400,000 patient visits. The Good Night Pediatrics model is beneficial to children and their parents as it reduces health care costs and eases emergency-room overcrowding.
McQueen and Blumenthal are grateful to National Bank of Arizona for its help with the financial needs of GNP.
How has National Bank of Arizona helped your company?
“Providing the necessary capital to support our development and expansion,” McQueen said. “As a start-up company, it took a business partner with enough faith in our model to provide that support.”
What do you value most about your partnership with NB|AZ?
“Their willingness to support a relatively new company,” Blumenthal said. “Any time a company expands, there’s at least a little bit of risk. We appreciate their confidence in our model and the capital to continue growing.”
What sets NB|AZ apart from other banks?
“The local autonomy and local decision-making,” Blumenthal said. “But what’s great is that NB|AZ has regional resources because it’s part of (Utah-based) Zions Bank. NB|AZ is the right-size partner for small businesses.”
What is most rewarding about doing business with NB|AZ?
“Getting in front of the right people, the decision-makers,” Blumenthal said. “When we were looking to expand in central Phoenix, it was clear the bank’s leadership was listening.”