Friday, October 22, 2010

Omnicell and Pandora merge, bolstering medication analytics

MOUNTAIN VIEW, CA – Omnicell, which makes automated dispensing systems and other medication management solutions for acute care facilities, announced Wednesday its acquisition of Pandora Data Systems, a Scotts Valley, Calif.-based provider of data analysis software for medication diversion detection.

Execs say the merger will make the most of both firms' expertise in medication analytics to improve clinical benchmarking that helps ensure regulatory compliance.

“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."

 

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