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

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
Mar 27, 2018 iMedicare Rebrands to Amplicare, a Decision-Automation Platform that Enables Hea...
Mar 27, 2018 Mercyhealth Adopts Omnicell’s XR2 Automated Central Pharmacy System to Enhance...
Mar 26, 2018 Washington State University Wins 8th Annual Student Pharmacist Compounding Compe...
Mar 26, 2018 H+H SYSTEM, Inc. USA Appoints Marketing Manager
Mar 22, 2018 CVS Health Appoints Derica W. Rice as President of CVS Caremark
Mar 19, 2018 MEDISCA Signs Out-Licensing Agreement with Torrey Hills Technologies for its Pro...
Mar 16, 2018 QS/1® Achieves Level 2 Capability for the Pharmacist Electronic Care Plan
Mar 14, 2018 SuiteRx a Pharmacy Owner's Dream
Mar 13, 2018 Introducing Mission Critical Delivery Solutions as a Thought Leader in Long Term...
Mar 09, 2018 Smith Drug Company Receives the 2018 Distribution Management Award for Cloud-Bas...
Mar 09, 2018 Albertsons Companies Earns URAC Accreditation in Specialty Pharmacy
Mar 06, 2018 Introducing AmerisourceBergen as a Thought Leader & Innovator in Pharmacy: Impro...
Mar 06, 2018 MHA Members WIN BIG with SuiteRx
Mar 02, 2018 Letco Medical, L.L.C. Announces Launch Of Innovative Education Value Program For...
Feb 26, 2018 J M Smith Corporation Announces Leadership Team Changes
Feb 26, 2018 Worz Named New ASCP Executive Director and CEO
Feb 16, 2018 RxSafe Launches Revolutionary Adherence Packaging Automation for Retail Pharmaci...
Feb 15, 2018 Craneware: Significant Contract Wins
Feb 13, 2018 Pomona Valley Hospital Medical Center Adopting In-House IV Compounding with Omni...
Feb 12, 2018 Verity Solutions tops 340B Management Systems Category in 2018 Best in KLAS repo...
Feb 12, 2018 ARxIUM’s RIVA Named Top IV Robot by KLAS for Fifth Consecutive Year
Feb 07, 2018 Multiple Hospitals Adopt Omnicell’s XR2 Automated Central Pharmacy System to E...
Feb 06, 2018 PharmaLink Educates Pharmacy Industry as a Thought Leader in Pharmaceutical Retu...
Feb 05, 2018 Fagron, Inc. Extends Pharmaceutical Ingredient Supply Chain To American Pharmace...
Jan 31, 2018 Letco Med, L.L.C. Announces Partnership with ARL Bio Pharma to Launch Quality Sa...
Jan 29, 2018 LP3 Network Celebrates Grand Opening of New State-of-the-Art Learning Center

RXinsider Product Overview Videos