Omnicare Forms Strategic Alliance with SigmaCare
Strategic Alliance Expands Omnicare’s Electronic Medical Records and ePrescribing Product Offerings
CONTACT:
Omnicare: Cheryl D. Hodges (859) 392-3331
SigmaCare: Rick Hammer (212) 268-4242
COVINGTON, Ky., July 29, 2009 – Omnicare, Inc., one of the nation's leading providers of pharmaceutical care for the elderly, today announced it has entered into a strategic relationship with healthcare information technology provider eHealth Solutions, Inc. Financial terms were not disclosed. Under this new alliance, Omnicare has become the exclusive institutional pharmacy to market and distribute the SigmaCare® suite of software solutions. With this new alliance, Omnicare has enhanced the breadth of technology products it may offer to long-term-care facilities.
Headquartered in New York City, eHealth Solutions is a leading provider of computerized physician order entry systems, electronic medical records software and related care management systems to skilled nursing facilities in the United States. Marketed under the brand name SigmaCare, these wireless-accessed, Internet-based systems allow mobile, real-time, point-of-care use and secure access to data. This proprietary software was developed to be highly flexible, allowing client facilities to add functionality and migrate along a spectrum from an easily implemented electronic physician order entry system to comprehensive electronic medical records and care management systems with integrated care plan and minimum data set modules. SigmaCare’s mobile technology supports federal efforts to develop a national healthcare information technology (“HIT”) infrastructure that ensures appropriate information is available at the time and place of care.
“This strategic alliance with SigmaCare is consistent with our ongoing objective to support the needs of our client long-term-care facilities and improve clinical outcomes for the residents whom we both serve in a cost-efficient manner,” said Joel F. Gemunder, president and chief executive officer of Omnicare. “SigmaCare has rapidly garnered the confidence and commitment of long-term care facility management, staff and clinicians, and its solutions are in line with national health reform initiatives favoring the adoption of electronic prescribing and electronic medical records. Its flexible electronic medical records platform and well-regarded implementation system enhances our ePrescribing capabilities and robust customer-facing technology offering, further differentiating Omnicare in the institutional pharmacy market.”
“Through our innovative software and comprehensive approach to professional services, SigmaCare customers have achieved a consistently high adoption rate," said Stephen Pacicco, chief executive officer of eHealth Solutions. "This has led to improved resident care, higher staff satisfaction and substantial operating efficiencies at facilities using SigmaCare. By leveraging the breadth of Omnicare’s resources and services we believe this partnership will allow us to continue to expand our installed base and drive positive outcomes for our customers.”
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About Omnicare
Omnicare, Inc., a Fortune 500 company based in Covington, Kentucky, is a leading provider of pharmaceutical care for the elderly. Omnicare serves residents in long-term care facilities, chronic care and other settings comprising approximately 1.4 million beds in 47 states, the District of Columbia and Canada. Omnicare is the largest U.S. provider of professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other institutional healthcare providers as well as for hospice patients in homecare and other settings. Omnicare's pharmacy services also include distribution and patient assistance services for specialty pharmaceuticals. Omnicare offers clinical research services for the pharmaceutical and biotechnology industries in 31 countries worldwide. For more information, visit the company's Web site at www.omnicare.com.
About SigmaCare
SigmaCare® develops and markets innovative mobile, point-of-care solutions for long term care facilities that enable physicians, nurses and other medical professionals to improve treatment outcomes, avert preventable medication errors, and significantly reduce administrative burdens. SigmaCare transforms the way facilities manage the complexities of long term care and improves reimbursement, compliance and resident care with mobile electronic medical records, point-of-care decision support and robust interoperability supported by round-the-clock professional services. SigmaCare helps customers gain deeper insight into their operations by "connecting the dots" within the facility and among external vendors and providers so they can focus on delivering quality care. For more information about SigmaCare, please visit www.sigmacare.com.
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