Omnicell, Inc., (Nasdaq: OMCL) a leading provider of medication management solutions to acute healthcare facilities, will display its latest innovations during the 45th American Society for Health-System Pharmacists (ASHP) Midyear Clinical Meeting and Exhibition from December 6-8 in Anaheim, California. New solutions being unveiled or previewed include the new Omnicell Savvy™ mobile medication system; PandoraVIA™ 2.0 reporting and analytics; a new Omnicell Refrigerator System; CardinalASSIST®, an automated process to replenish drugs in efficient units of measure; enhanced SafetyStock® software for bar code verification; a new Controlled Substance Management System; and WorkflowRx™ 7.0 central pharmacy automation software.
"At the 2010 ASHP midyear conference, Omnicell is featuring new solutions across multiple product categories to help our customers meet their goal of the fail-safe health-system pharmacy," said Marga Ortigas-Wedekind, Omnicell vice president, global marketing and product development. "Our customers have come to expect Omnicell to set the standard for automated solutions that increase patient safety and create new levels of workflow efficiency. We are pleased to introduce several of the products in our roadmap — and announce key partnerships with other leading technology providers — to showcase this exciting era of Omnicell innovation."
The complete line of Omnicell solutions and previews will be available for demonstration at the Omnicell exhibit in booth number 1441 at the ASHP 2010 midyear conference, including the following:
Omnicell Savvy Mobile Medication System (MMS): The new Omnicell Savvy MMS is a key component in building a comprehensive medication management solution from the central pharmacy to the point-of-care. Savvy integrates Omnicell's automated dispensing cabinets with the secure mobile medication system to safely transport medications to the bedside.
The unique Savvy MMS provides efficient workflow support, allowing nurses to remotely access the automated dispensing cabinet utilizing Omnicell's Anywhere RN™, saving nursing time and minimizing the risk of interruptions to enhance patient safety. This same mobile solution can be used for accessing the hospital's electronic medical record and eMAR among other hospital applications. Savvy features an advanced set of hardware such as patient-specific locking drawers with guiding light technology to increase medication safety and delivery at the point-of-care.
In addition, Omnicell will be demonstrating its closed loop integration solution on Savvy, which utilizes information from a third-party vendor's administration record, highlighting the integration between Omnicell's automated dispensing cabinets, mobile carts and bedside point of care (BPOC) systems.
PandoraVIA 2.0 Pharmacy Analytics and Reporting: The first product enhancement released since Omnicell's acquisition of Pandora Data Systems in September 2010, PandoraVIA 2.0 introduces new features such as virtualization, dashboard widgets, inventory management, compliance safety monitoring, simplified search functionality and increased interoperability. For more information on PandoraVIA 2.0, please see the product announcement news release.
SafetyStock Bar Code Verification Software: Omnicell is partnering with RxScan® to enhance SafetyStock, an Omnicell product that uses barcode scanning as a secondary check to prevent medication errors. The enhanced solution is intended to provide pharmacists and technicians with the ability to perform mobile pick verification during medication selection and preparation. This enhancement will allow the pharmacy to perform a barcode check and verification on all doses leaving the pharmacy, helping hospitals meet their regulatory compliance obligations for the inventory, preparation and dispensing of medication and minimizing medication errors.
CardinalASSIST: In partnership with Cardinal Health, Omnicell intends to offer its customers the ability to integrate Omnicell automated medication dispensing cabinets with the CardinalASSIST automated medication replenishment service. CardinalASSIST will replenish medications in efficient units of measure, directly to the pharmacy for cabinet restocking, helping Omnicell customers improve pharmacy logistics, increase efficiency and contain costs.
Omnicell Refrigerator System: Manufactured by Helmer, the Omnicell Refrigerator System is the first all-inclusive automated refrigeration solution that addresses regulatory compliance, patient safety and workflow efficiency. The Omnicell Refrigerator integrates with Omnicell's automated dispensing cabinets. This new refrigeration solution is designed for safe and easy medication access from a secure, controlled temperature environment to help customers meet the increasingly stringent requirements of The Joint Commission and other regulatory agencies.
Controlled Substance Management System: Omnicell will also preview its completely redesigned new narcotics management solution. The Omnicell Controlled Substance Management System is a closed loop solution, which operates on the Omnicell server, promoting formulary and reporting consistency across hospital systems. The Omnicell Controlled Substance Management System is intended to support compliance with regulatory standards, increase pharmacy efficiency and improve administrative decision-making.
WorkflowRx 7.0 Central Pharmacy Automation Software: WorkflowRx 7.0 introduces a new high performance unit-dose packager to increase packaging efficiency, medication dispensing accuracy and improved barcode scanning. WorkflowRx assists in optimizing hospital inventory levels by allowing a reduction of inventory on hand by up to 50 percent and assisting clinicians in reducing medication dispensing errors by up to 72 percent. The new packager includes an integrated bar code label printing solution and two dimensional bar code support. WorkflowRx with Omnicell's carousel was the 2010 KLAS Category Leader in the Pharmacy Automation, Medication Carousels category.
Omnicell first quarter revenue is $57.2 million for 2011