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Omnicell Acquires Pharmacy Informatics Solutions Firm InPharmics
Thursday 20 April 2017

20 April 2017 - US-based medication and supply management solutions provider Omnicell, Inc. (NASDAQ: OMCL) has completed the acquisition of US-based pharmacy informatics solutions provider InPharmics, the company said.

Mississippi-based InPharmics is a technology and services company that provides advanced pharmacy informatics solutions to hospital pharmacies.

The acquisition will expand the capabilities of Omnicell's Performance Center.

Health system pharmacies manage incredibly complicated clinical, distributive, and supply chain systems, and it is critical for pharmacy to understand and effectively manage the costs attributed to the medication use process while optimizing patient safety and regulatory compliance.

InPharmics currently serves more than 150 hospitals with tools that analyze drug cost by patient diagnosis, thereby supporting pharmacy's clinical activities while helping to optimize supply chain performance and comply with drug pedigree regulations.

Omnicell Performance Center combines enterprise software solutions with ongoing expert services to proactively monitor pharmacy operations and deliver actionable insights for improved operational efficiency, regulatory compliance, and patient outcomes.

Financial details on the acquisition are not being disclosed at this time.

Omnicell expects the transaction will be immaterial and does not expect it to impact Omnicell's previously communicated 2017 financial guidance.
Details
Date Published: 20/04/2017
Target: InPharmics
Country: USA
Sector: Pharmaceuticals
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Omnicell, Inc
Comment:
Terms of the deal were not disclosed

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