March 26, 2019

Omnicell Highlighting Importance of Fully Digitized, Autonomous Pharmacy Vision at European Association of Hospital Pharmacists Congress 2019

Omnicell, Inc. (NASDAQ: OMCL), a leading provider of medication management solutions and adherence tools for healthcare systems and pharmacies, will be showcasing the industry’s most comprehensive and customizable platform of medication management solutions at the European Association of Hospital Pharmacists (EAHP) 2019 Congress, one of the largest hospital pharmacy congresses in Europe, from March 27-29 in Barcelona, Spain in Stand 17. With the theme of the EAHP Congress in mind, ‘meeting the needs of every patient,’ the Company will be introducing its vision of the Autonomous Pharmacy in which manual, error-prone activities are replaced by efficient, automated processes—ideally with 100 percent precision. Omnicell is building on this vision with a roadmap consisting of advanced automation, data intelligence, and pharmacy services that will be integrated on a cloud data platform.

The European Statements of Hospital Pharmacy published by EAHP express objectives about hospital pharmacy practice that European health systems should aim for. According to a 2017 survey of hospital pharmacists, only 15.3% of respondents have enough people or time to meet the objectives.1 Having a more fully automated pharmacy with digitized medication management workflow would create greater efficiency, enabling better compliance with the Statements and more time to impact patient care.

In 2018, a report commissioned by the UK Department of Health estimated 237 million errors occur each year in the medication process.2 These errors result in estimated costs to the NHS of £98.5 million, 712 deaths, and contribute to a further 1,708 deaths during hospitalization.2 Following a successful campaign by Omnicell, the Department of Health has recently announced funding for electronic prescribing and medication administration systems for NHS Hospitals in a bid to reduce medication errors. By delivering technology that advances the Autonomous Pharmacy vision, Omnicell is helping to remove human error to create a safer, more consistent, and cost-effective medication process.

Omnicell has already begun a path to the Autonomous Pharmacy with the following products and solutions:

On patient wards, Omnicell’s XT Series Automated Medication Dispensing Cabinets help improve workflow efficiency, medication accountability, and patient safety through the latest hardware technology and smart software features, including interoperability with leading electronic health record (EHR) systems. To help prevent diversion of controlled drugs, XT cabinets integrate with Omnicell Analytics and a comprehensive controlled drug management system. These technologies address the day-to-day challenges of managing controlled drug inventory, and help the pharmacy comply with regulatory standards in an efficient manner.

Omnicell's Robotic Dispensing System used in hospital and retail pharmacies provides accurate and efficient loading and dispensing of medications. This system can help reduce inventories, storage space, and handling costs while enhancing medication safety.

EAHP attendees can learn more by visiting Omnicell at Stand 17.

“We are excited to exhibit solutions at EAHP that help hospitals across the continent remove human error from their medication management processes,” said Arthur Van Dongen, general manager, International at Omnicell. “Through our vision of the autonomous pharmacy, we are empowering pharmacies to play a more pivotal role in patient care while providing tools to control costs.”

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