Navigation Links
Omnicell Acquires Pandora Data Systems
Date:10/5/2010

MOUNTAIN VIEW, Calif., Oct. 5 /PRNewswire-FirstCall/ -- Omnicell, Inc., (Nasdaq: OMCL) a leading provider of medication management solutions to acute healthcare facilities, today announced the acquisition of Pandora Data Systems, a leading provider of analytical software for medication diversion detection and regulatory compliance. The two companies will combine their expertise in medication analytics to enhance diversion detection and clinical benchmarking that helps to ensure regulatory compliance.

CLICK HERE: Video Announcement from Omnicell CEO Randall Lipps and Jim Felich, CEO of Pandora Data Systems

"We believe the two companies' complementary, best-in-class products and technologies will be of great value to all of our customers," said Jim Felich, CEO of Pandora Data Systems. "Our partnership with the Omnicell team will allow us to continue our commitment to patient safety and help hospital systems meet the increasingly stringent requirements of the DEA and The Joint Commission."

The Pandora Data Systems solution will continue to operate as a stand-alone product, producing reports for CareFusion, McKesson, Cerner and other medication management systems, and providing regular updates and releases for its customer base.

Pandora will leverage the Omnicell development expertise to provide best-in-class analytics for drug diversion detection, compliance reporting and long term data storage.  Its customers will also benefit from Omnicell's infrastructure for expanded service and support.  

"I am thrilled to welcome the Pandora employees and customers to the Omnicell family, as together, we commit to the universal improvement of healthcare," said Randall Lipps, CEO of Omnicell. "Pandora's analytic expertise will allow us to further enhance hospital medication management, providing valuable information to pharmacy and nursing management while reducing the frequency of drug diversions. Most importantly, the companies share a common vision to improve healthcare for everyone, and we believe our combined technology will be able to increase hospital patient safety and augment their ability to meet regulatory compliance."

About Pandora Data Systems

Pandora Data Systems is a leader in innovation for analytics. Since 1989, Pandora Data Systems has been committed to providing the Healthcare industry with cutting edge technology, actionable data analysis, and first class customer service. Comprised of a unique and comprehensive blend of analytic expertise, leading technology, friendly user interface, and outstanding customer support, Pandora Data Systems accelerates its customer's commitment to excellence. Currently operating in over 800 hospitals nationwide, Pandora Data Systems continues to work collaboratively with its customers and other experts in the field to deliver solutions to the challenges faced within the Healthcare industry.

About Omnicell

Omnicell, Inc. (NASDAQ: OMCL) is a leading provider of systems to enable healthcare facilities to increase operational efficiency, enhance patient safety and allow clinicians to spend more time with their patients.

Founded in 1992, Omnicell's medication-use solutions include complete automation systems for the central pharmacy, anesthesia workstations for the operating room, dispensing cabinet systems for nursing units, and safe, secure medication transportation and verification systems to the patient bedside. From a medication's arrival at the receiving dock to its dosing to the patient, Omnicell systems store it, package it, bar code it, order it, issue it, and provide information and controls on its use and reorder.   

Omnicell supply product lines provide a healthcare institution with comprehensive supply chain solutions that result in fast, effective control of costs, capture of charges for payer reimbursement, and timely reorder of supplies. Products range from high-security closed-cabinet systems and software to open-shelf and combination solutions in the nursing unit, cath lab and operating room.  

For more information, visit www.omnicell.com.

Forward-Looking Statements

Any forward-looking statements in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and include statements relating to expected benefits from Omnicell's acquisition of Pandora Data Systems and expected future product developments. Investors are cautioned that all forward-looking statements involve risk and uncertainties, including without limitation, potential delays or difficulties in realizing benefits expected from the acquisition or in developing future product offerings and other risks detailed in Omnicell's Securities and Exchange Commission (SEC) filings.

OMCL - G


'/>"/>
SOURCE Omnicell, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Deaconess Health System Selects Omnicells Medication Management System for Product Reliability and Improved Patient Care
2. Wellmont Health System Selects Omnicell for Best-in-Class Medication Management
3. Omnicell Introduces New Omnicell Packager With WorkflowRx Software for Improved Pharmacy Efficiency
4. Omnicells OmniCenter Achieves VMware Ready(TM) Healthcare Virtualization Status
5. Omnicells Automated Medication Dispensing System Honored With 2010 Best in KLAS Award
6. Omnicells OmniLinkRx Honored With KLAS Award for Product Leadership
7. Omnicell Announces Fourth Quarter and Full-Year 2009 Results
8. Omnicell Selected by Nations Third Largest Public Healthcare System for Medication Management Systems
9. RICE MEMORIAL HOSPITAL PHARMACY STAFF EXPERIENCES A 55% REDUCTION IN TIME SPENT MANAGING PATIENT-SPECIFIC MEDICATIONS USING OMNICELL SINGLEPOINTE SOLUTION
10. RoundTable Healthcare Partners Portfolio Company, Argon Medical Devices, Inc., Acquires Critical Care and Extended Dwell Catheter Product Platforms From BD
11. New American Therapeutics Acquires Antiviral Drug Denavir®
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/24/2016)... , May 24, 2016 Cirujanos ... para ayudar a los médicos a compartir sus mejores ... a escala mundial. Profesionales médicos de Europa, África, ... han apuntado a la aplicación, que combina la transmisión ... entorno totalmente seguro. Educación   "Imagine ...
(Date:5/24/2016)... , May 24, 2016  NxStage Medical, Inc. ... company focused on advancing renal care, today announced that ... to participate in the following schedule of investor conferences. ... made available at http://ir.nxstage.com/ .   ... Jefferies Healthcare Conference NY, NY           Friday, June 10, ...
(Date:5/24/2016)... 2016 Les ... la première endoprothèse à double thérapie au ... portant sur les membres inférieurs et la ... entreprise mondiale spécialisée dans la fourniture de ... a élargi son portefeuille pour inclure des ...
Breaking Medicine Technology:
(Date:5/27/2016)... ... May 27, 2016 , ... This campaign aims to ... which we as a society can control and change. , As nearly 795,000 Americans ... 40 seconds within the United States. Plus, with an estimated 129,000 of these people ...
(Date:5/27/2016)... New York, NY (PRWEB) , ... May 27, ... ... health care world, this installment is bolstered by inspiring human interest stories, courtesy ... to the developing trends and tech within the industry, from leading advocates and ...
(Date:5/26/2016)... ... ... last week’s media reports hinting at a June rate hike after the Federal Reserve’s ... interest rate increase, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia ... (FOMC) dot charts are of interest to the press for their noise potential,” Dhawan ...
(Date:5/26/2016)... ... May 26, 2016 , ... Intalere, the healthcare industry ... for its inaugural Member Conference at the Paris Hotel in Las Vegas, Nev., ... health of America’s healthcare providers. , The conference was highlighted by the announcement ...
(Date:5/26/2016)... ... May 26, 2016 , ... The Woodlands at ... offering a new model of care for living and healing, celebrated its grand opening, ... Life in a Real Home provided by Empowered Staff. , “This is an incredibly ...
Breaking Medicine News(10 mins):