Mar 09, 2015

Intelligent Hospital Systems Acquires AmerisourceBergen Technology Group Creating New Company Named ARxIUM

Acquisition creates most integrated pharmacy technology company in the industry.
 
(WINNIPEG, Manitoba – March 9, 2015) – Intelligent Hospital Systems (IH Systems), developer of industry-leading pharmacy automation and workflow solutions, today announced it has acquired AmerisourceBergen Technology Group (ABTG). The combined businesses will form a new company that will operate under the name ARxIUM.
 
The acquisition will create the most integrated pharmacy technology company in the industry, offering numerous best-in-category products and software solutions. ARxIUM will have headquarters in Winnipeg, Manitoba, and Buffalo Grove, Illinois.
 
“This is a very important day for IH Systems and ABTG, but it’s even more important for pharmacy practitioners everywhere who are seeking safer, more efficient solutions,” said owner Ed Van Humbeck, whose family acquired a controlling interest in IH Systems last spring. “The integration of these two companies will create something that is truly greater than the sum of its parts. We will provide a broad range of tools for pharmacies to vastly improve patient safety, operating cost and workflow efficiency.”
 
IH Systems and ABTG are both recognized as leaders in developing proprietary technology to enhance pharmacy operations. IH Systems’ RIVA technology is the only fully automated IV compounding system on the market today, while ABTG provides the industry’s leading workflow and scheduling software. By integrating the two firms’ products, resources and expertise into a seamless offering, ARxIUM will be able to provide customers the broadest range of pharmacy technology available.
 
“We know that technology helps pharmacies enhance safety and efficiency, and reduce costs,” said Dr. Niels Erik Hansen, president and CEO of IH Systems, who will serve in the same capacity with ARxIUM. “By acquiring ABTG and combining our specialized technology resources, we expect to bring significant innovation to market more quickly, meet customer needs more effectively and rapidly expand our global footprint.”
 
Over the past several years, IH Systems has pioneered a comprehensive workflow concept called Total Dose Solution (TDS), a fully customizable solution that encompasses planning and scheduling, workflow, and resource and production management. Within ARxIUM, the TDS offering will provide customers the opportunity to optimize operations with the convenience of working with a single vendor that can deliver all components of an end-to-end solution.
 
About Intelligent Hospital Systems
Founded in 2006, Intelligent Hospital Systems (IH Systems) is a medical device company focused on the design and development of automated solutions for the hospital environment. Based in Winnipeg, Manitoba, IH Systems manufactures RIVA, a fully-automated IV compounding system that prepares medications for syringes and IV bags in an aseptic environment. Using RIVA, hospitals enhance patient safety, lower the cost-per-dose of medications, reduce their vulnerability to medication shortages and cut waste. For more information, visit http://www.intelligenthospitals.com/.

Read Full Press Release Here

Market Buzz

Jul 18, 2018 Excelera® Specialty Pharmacy Network Announces Access to Breast Cancer Treatmen...
Jul 17, 2018 Multi-Store Independent Pharmacy Streamlines Operations with Epicor Eagle N Seri...
Jul 12, 2018 Acentrus Specialty Partners with CPPA for Specialty Pharmacy Practice Accreditat...
Jul 12, 2018 Letco Medical, L.L.C. Acquired by Current Management Team
Jul 10, 2018 Lorrie A. Carr Appointed as CEO for Excelera
Jul 02, 2018 Medi-Dose, Inc. / EPS, Inc. Announces New Packaging Option for its Steri-Dropper...
Jun 26, 2018 Effective June 26, R.J. Hedges & Associates will be offering their comprehensive...
Jun 25, 2018 Medical Packaging Inc. Named One of The Best Places to Work In New Jersey
Jun 20, 2018 Prudential Overall Supply a Clean Green Certified Company Releases Clean Green V...
Jun 15, 2018 Retail Management Solutions named in the top 250 of the Fifty Five and Five Inbo...
Jun 14, 2018 Tutela Welcomes Fertility Specialists Medical Group (FSMG) and The San Diego Cen...
Jun 11, 2018 SuiteRx Saves the day at APPA's 2nd Annual PharmaCon Expo
Jun 11, 2018 CPS Telepharmacy’s New Innovation Center Built to Meet Growing Technology Dema...
Jun 08, 2018 SuiteRx is Attending the 2nd Annual PharmaCon Expo in Orlando, Florida this week...
Jun 08, 2018 Worldwide Business with kathy ireland® Explores Infection Prevention with Analy...
Jun 04, 2018 FDS, Inc. Announces New CEO
May 25, 2018 Excelera Members Benefit from Accreditation Measure Validation Services Provided...
May 11, 2018 Sentara RMH Medical Center Partners with Omnicell to Enhance Efficiency, Safety ...
May 11, 2018 Medi-Dose, Inc. / EPS, Inc. Announces Auxiliary Labels for Neuromuscular Blockin...
May 09, 2018 Jamco First to Achieve Updated FM Approvals
May 03, 2018 CriticalPoint Peer Network
May 01, 2018 Contec, Inc. Acquires Building in Spartanburg County Industrial Park
May 01, 2018 SynMed® ULTRA now installed in the US
Apr 30, 2018 Diplomat Launches CastiaRx, Industry-Leading Specialty Benefit Manager
Apr 30, 2018 RXinsider is proud to present The Compliance Team as a Thought Leader in Exempla...
Apr 23, 2018 Lewis Drug Awarded Exemplary Provider® Accreditation
Apr 17, 2018 25% OFF Pharmacy Software License Fee
Apr 04, 2018 TCGRx Announces the Acquisition Of ARxIUM’S Panasonic Fastpak Exp and Fastpak ...
Apr 04, 2018 Fagron Strengthens Strategic Position in USA Through Highly Complementary Acquis...
Mar 30, 2018 KeyCentrix appoints Luis Rodriguez as President

RXinsider Product Overview Videos