Omnicell, a provider of medication management solutions to acute healthcare facilities, has acquired Pandora Data Systems, to provide medication analytics to monitor for drug diversion and enhance regulatory compliance.
Under the agreement, Pandora Data Systems solution will continue to operate as a stand-alone product, producing reports for CareFusion, McKesson, Cerner and other medication management systems, and providing regular updates and releases for its customer base.
Pandora will leverage the Omnicell development expertise to provide analytics for drug diversion detection, compliance reporting and long term data storage and its customers will also benefit from Omnicell’s infrastructure for expanded service and support.
Pandora Data Systems CEO Jim Felich said that they believe the two companies’ complementary products and technologies will be of great value to all of their customers and their partnership with the Omnicell team will allow them to continue their commitment to patient safety and help hospital systems meet the increasingly stringent requirements of the DEA and The Joint Commission.