Aug 08, 2017

Swisslog Healthcare Acquires Talyst – Innovative Pharmacy Automation Solution Provider

 

 Combined Swisslog and Talyst portfolio creates global leadership in acute-care pharmacy services and solutions. The acquisition reinforces Swisslog Healthcare’s commitment in North America and globally to lead change that increases healthcare efficiency, enhances the quality of care and improves patient outcomes.

Swisslog Healthcare, a leading supplier of medication supply chain solutions and services, announces it has acquired Talyst Systems, LLC, a market leader in pharmacy automation solutions for hospitals and long-term care facilities. Healthcare providers around the world share similar challenges with delivering medications safely and efficiently. The acquisition creates an unmatched portfolio of inpatient and outpatient pharmacy solutions that transform health systems’ performance. Talyst’s AutoCarousel, AutoPack, and AutoSecure Storage Solutions represent the best-of-breed in current generation pharmacy automation technologies.

“Swisslog Healthcare and Talyst are well known for developing innovative automation and software solutions,” said Stephan Sonderegger, CEO – Swisslog Healthcare. “The two companies share a similar mission and vision, and the Talyst portfolio of enterprise software and pharmacy automation products completes Swisslog Healthcare’s pharmacy automation offering in North America. This acquisition adds critical components to our solutions strategy of providing customers with end-to-end integration for the medication supply chain across the continuum of care.”

Founded in 2002, Talyst was recognized by KLAS Research’s most recent (2016) Pharmacy Report as a leader in Enterprise Medication Management Software that minimizes medication spending. “Talyst develops customer-centric technologies that enable providers to deliver better patient care. Our culture of innovation and accountability aligns well with Swisslog Healthcare,” notes Carla Corkern, Talyst CEO. “With Swisslog we can now scale our solutions globally, taking advantage of their sales reach, manufacturing, and R&D facilities across North America, EMEA, and Asia. We’re excited to be part of a strong and dedicated organization building towards an important differentiated vision for health systems and hospital pharmacies.”

“Swisslog Healthcare and Talyst customers will benefit from a total inpatient pharmacy automation offering fully integrated with the Swisslog transport automation portfolio of pneumatic tube systems installed in 2,300 hospitals in North America. The acquisition expands our product offerings which, combined with our manufacturing expertise and extensive field service network, gives health systems unprecedented access to a complete solution including data analytics, pharmacy automation, and transport automation,” notes Sonderegger. “Our respective customers will benefit from a compelling technology and services road map that leverages the extensive resources and capabilities of the combined companies.”

With the acquisition, the Talyst executive team along with the rest of the company will join the Swisslog Healthcare organization. Talyst CEO and Chairman of the Board, Carla Corkern, has elected to pursue other opportunities. The Talyst Seattle-area headquarters will become an important technology, product and business development hub for Swisslog Healthcare North America. Swisslog Healthcare is building a new state-of-the-art North America manufacturing facility and US headquarters in the Denver-Boulder area, which is planned for occupation in early 2018.


About Talyst Systems, LLC
Talyst Systems is a leading provider of medication management solutions to hospitals and long-term care organizations. Our Acute Care products provide enterprise-wide medication management across entire health systems to offer greater inventory control, enhanced workflow efficiency, and improved patient safety. Our Long-Term Care solutions deliver improved outcomes for long-term care facilities and enhanced business processes and workflows for long-term care pharmacies. Talyst is based in Kirkland, WA. Follow us on Twitter @Talyst_LLC or visit www.talyst.com.

 

About Swisslog Healthcare
Swisslog Healthcare is a leading supplier of services and solutions for material transport, medication management, and supply chain management in healthcare facilities. Swisslog has installed facility-wide and pharmacy automation systems in more than 3,000 hospitals worldwide. The company offers integrated solutions from a single source – from consulting to design, implementation and lifetime customer service. For more information, visit www.swisslog.com/healthcare.

Swisslog is a member of the KUKA group, a leading global supplier of intelligent automation solutions. www.kuka.com

Market Buzz

Jun 03, 2019 PrimeCare® Integrates MedTek21® to Offer Facility-based Genomic Testing
May 22, 2019 Letco Med Announces the Launch of a New Industry-Leading Website and E-Commerce ...
May 17, 2019 MEDISCA Granted Planetary Mixing Patent and Exclusive Distribution Agreement
May 02, 2019 Transaction Data Systems (TDS) Delivers Smarter Approach to Claim Reconciliation
Apr 22, 2019 Visante healthcare consulting firm announces Judi Jacobi, PharmD, to join consul...
Apr 17, 2019 As an aging population demands more efficient pharmacy solutions, the founder of...
Apr 17, 2019 Adam Wallace Named Chief Technology Officer at Transaction Data Systems (TDS)
Apr 15, 2019 PharmaLink to Exhibit at 2019 Asembia Specialty Pharmacy Summit
Apr 04, 2019 Transaction Data Systems (TDS) Announces Acquisition of Pharm Assess, Inc.
Apr 01, 2019 Chad Collins Named President of Akro-Mils and Jamco Products
Mar 22, 2019 Tutela Welcomes Octapharma Plasma
Mar 18, 2019 Verity Solutions Recognized as Category Leader for 340B Management Systems in 20...
Mar 07, 2019 Stormont Vail Health Partners with Omnicell to Enhance Medication Management Str...
Mar 06, 2019 Rebranding Focuses ALG Mission - Combining Our Best to Bring You Our Best
Mar 04, 2019 RXinsider Celebrates 20 Years, 1999 - 2019
Feb 28, 2019 Lupin launches Generic Ranolazine ER Tablets in U.S.
Feb 18, 2019 QS/1® Offers Compliance Packaging Label Solution
Feb 15, 2019 QS/1 Partnership Offers Compliant Patient Communications
Feb 14, 2019 RXinsider is Proud to Welcome our Newest Partners!
Feb 12, 2019 Albertsons Companies Pharmacies Adopt TemperPack's ClimaCell™ Packaging
Feb 07, 2019 Fagron Launches New Brand Identity and Purpose
Feb 07, 2019 Medicine-On-Time has come together with Clinical Support Services, a leader in M...
Feb 04, 2019 Letco Med and Ananda Professional Partner to Bring CBD and Education to Compound...
Jan 30, 2019 Texas Children’s Hospital Expands Partnership with Omnicell
Jan 16, 2019 Helmer Scientific Launches the First Professional Medical-grade Refrigerators
Jan 15, 2019 The Compliance Team™ celebrates 25 years of accreditation transformation
Jan 11, 2019 CORE Higher Education Group partners with Pharmacists Mutual
Jan 10, 2019 SCA Pharma Awarded National Outsourced I.V. Admixture Services Agreement with Pr...
Jan 08, 2019 Tutela Welcomes the Center for Organ Recovery and Education
Dec 13, 2018 PharmaLink Launches Updated Website

RXinsider Product Overview Videos