Press Release Summary:
Without requiring special IT resources or personnel, Executive Advisor Software Service helps streamline operations and decrease cost of carrying excess inventory of medication and medical supplies. Data from existing distributed Omnicell medication and supply automation systems is automatically analyzed and then presented in graphical summary format with drill-down capability to cabinet, user, or item level. List of recommendations and suggestions is prioritized in worst-first model.
Original Press Release:
Omnicell Extends Operational Efficiency in Healthcare Facilities with Executive Advisor Software Service
Single, low subscription fee service with no special IT resources or personnel required can help generate significant return on investment
SEATTLE, June 9 -- ASHP 2008 Summer Meeting and Exhibition -- Omnicell, Inc., (NASDAQ:OMCL) a leading provider of system solutions to acute healthcare facilities, today introduced its Executive Advisor Software Service. This powerful comprehensive tool is designed to help healthcare facilities maximize operational efficiency and decrease the cost of carrying excess inventory of medication and medical supplies. Available in a single, low monthly subscription fee, Executive Advisor Software Service provides healthcare facilities with a snapshot of operational metrics generated from Omnicell automation systems along with recommendations delivered directly to the desktop.
"At The MED, the Omnicell Executive Advisor Software Service allows us to save time by streamlining the tedious task of data collection, analysis and formatting," said Kay Ryan, director of Pharmacy, The Regional Medical Center at Memphis (The MED). "We are also saving costs by optimizing our supply inventory. By continually improving our processes, we can take full advantage of our Omnicell automation systems and focus on patient safety."
Executive Advisor Software Service automatically analyzes data from existing distributed Omnicell medication and supply automation systems and presents it in a graphical summary format with drill-down capability to the cabinet, user, or item level. In addition to the prioritized list of recommendations and suggestions, trended profile reports of operational and financial metrics are delivered to provide significant productivity benefits to facility staff. All reports are ordered in a "worst-first" model -- providing clinical and operations resources with tasks that are already prioritized in order of maximum impact first. The Executive Advisor Software Service seamlessly integrates with distributed Omnicell medication and supply systems, without the need for any special IT resources, personnel, additional software or hardware. Ongoing maintenance and upgrades are included in the monthly subscription fee.
"We created the Executive Advisor Software Service after listening to our customers tell us that they just didn't have the time to process all of the valuable data from their automation systems," said Karl Folk, senior director of Omnicell Professional Services. "This service was designed by a group of Omnicell professionals with years of experience in nursing, pharmacy management and hospital administration who are experts at optimizing medication management and supply systems and processes. While all decisions regarding the recommendations and metrics provided by Executive Advisor are for the subscribers to make, this service can help users achieve positive results with a significant return on investment without having to invest substantial additional time or effort."
For a complete demonstration of Omnicell Executive Advisor Software Services, please visit Omnicell booth #420 at the ASHP 2008 Summer Meeting and Exhibition, Washington State Convention and Trade Center, Seattle, June 8-11.
Omnicell, Inc. (NASDAQ:OMCL) is a leading provider of systems 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 complete automation systems for the central pharmacy to nursing unit and bedside dispensing cabinet systems. 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, cath lab and operating room. For more information, visit www.omnicell.com/.
CONTACT: Deborah Reinert of Omnicell, Inc., +1-650-251-6403, email@example.com; or Linda Capcara of LVA Communications, +1-480-229-7090, firstname.lastname@example.org, for Omnicell, Inc.