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Safecor Health Acquires Unit-Dose Pharmaceutical Leader RSC
Date:9/3/2008

Helping to Improve Patient Safety, Operational Efficiency Through Bar-Coded

Medication Products and Services

WOBURN, Mass., Sept. 3 /PRNewswire/ -- Safecor Health, LLC, a pharmacy services and unit-dose bar-code repackaging provider to hospitals, health systems and long-term care pharmacies, announced today it has acquired the assets of privately held Regional Service Center, Inc. Both companies are based in Woburn, Massachusetts. Terms of the agreement were not disclosed.

A pioneer of unit-dose and bar-coded medications, Regional Service Center, or RSC, (http://www.unit-dose.com) was launched 30 years ago, and today is the leader in its field. RSC serves more than 350 U.S. hospitals and long-term care pharmacies in more than 30 states and the District of Columbia.

"RSC has an experience base and reputation for quality and customer service that is unmatched in the industry," said Stephen Fischbach, Safecor Health's president and chief executive officer. "We are looking forward to building on RSC's success by investing in capabilities that can play a critical role in the safety of medication administration."

"Bar-coded pharmaceuticals in ready-to-administer doses are an important step in eliminating medication errors while improving the efficiency of pharmacy operations," said Ryan O'Dell, chief marketing and sales officer for Safecor Health. "Hospitals, group purchasing organizations and other sites of care are increasingly outsourcing their packaging operations to us. Having a trusted source for bar-coded medications allows health professionals to focus on other important aspects of their patient safety and bedside-scanning initiatives."

"RSC has served a tremendous customer need and grown successfully over the last three decades," said Robert Crisafi, Ph.D., founder and president of RSC. "Safecor Health shares our passion for quality, superior customer service, and making a positive impact on the practice of pharmacy. I'm confident our customers will experience a seamless transition of RSC to Safecor Health."

Crisafi will remain with the company and continue to advise its leadership team on a range of regulatory, quality and operational matters. Safecor Health will retain current RSC facilities and workers.

About Safecor Health, LLC

Safecor Health, LLC, headquartered in Woburn, Massachusetts, focuses on providing products and services that improve the medication administration process in hospitals, health systems and long-term care pharmacies. The company was formed earlier this year to acquire medication-safety related companies by Stephen Fischbach, president and chief executive officer, and Ryan O'Dell, chief marketing and sales officer. Fischbach and O'Dell are health care industry veterans with Fortune 100 leadership experience in pharmacy services, pharmaceutical distribution and dispensing technologies. To contact Safecor Health, call (800) 447-1006, or e-mail info@safecorhealth.com


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SOURCE Safecor Health, LLC
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