Omnicell Completes Acquisition of Rioux Vision, Inc.
MOUNTAIN VIEW, Calif., Dec. 12 -- Omnicell, Inc. (NASDAQ:OMCL), a leading provider of system solutions to acute healthcare facilities, today announced it has completed the acquisition of mobile cart technologies leader, Rioux Vision, Inc. under terms of a definitive agreement announced on November 30, 2007.
Rioux Vision, Inc. based in Elgin, S.C. designs and manufactures mobile cart technology that brings quality healthcare to the bedside through a point-of-care medication management process.
With the addition of mobile cart technology, Omnicell is uniquely positioned to deliver a closed-loop medication management, administration and dispensing system that greatly reduces the risk of medication errors, boosts staff efficiency and advances patient safety.
About Omnicell
Omnicell, Inc. (NASDAQ:OMCL) is a leading provider of systems and software solutions targeting patient safety and operational efficiency in healthcare facilities. Since 1992, Omnicell has worked to enhance patient safety and allow clinicians to spend more time with their patients.
Omnicell's medication-use product line includes solutions for the central pharmacy, nursing unit, operating room, and patient bedside. Solutions range from large central pharmacy smart inventory carousels to small handheld devices. From the point at which a medication arrives at the receiving dock to the time it is administered, Omnicell systems store it, package it, bar code it, order it, issue it, and provide information and controls on its use and reorder.
Our supply product lines provide a healthcare institution with 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, catheter lab and operating room.
Omnicell's mission is to provide the best customer experience in healthcare, helping hospitals reduce medication errors, operate more efficiently, and decrease costs. For more information, visit http://www.omnicell.com/.
Source: Omnicell, Inc.
CONTACT:
Rob Seim
Chief Financial Officer
800-850-6664, ext. 6478
robs@omnicell.com
or
Deborah J. Reinert
800-850-6664, ext. 6403
deborahr@omnicell.com
Web site: http://www.omnicell.com/
