Swisslog Healthcare, a leading supplier of solutions for medication and supply chain management in healthcare, today announced it has become a significant investor in PipelineRx, a medication management technology company focused on clinical telepharmacy. Leveraging each company’s proprietary technologies, the partnership aims to develop transformational services and solutions for healthcare providers. Following today’s investment, PipelineRx and Swisslog Healthcare are committed to supporting their combined 2300 customers with jointly developed solutions that improve workflow efficiencies, support high-quality clinical care and enhance the patient experience.
As hospitals struggle to stay financially viable in today’s healthcare environment, there is a growing need for digitalization to enable patient-centric care models and transform traditional models of healthcare delivery. “Digitalization and process centralization in hospitals and health systems promote resource optimization and cost reduction,” said Stephan Sonderegger, CEO of Swisslog Healthcare. “PipelineRx’s PowerGrid™ Technology, combined with Swisslog Healthcare’s pharmacy automation, will enable our customers to achieve these benefits through new medication supply chain solutions. We’re excited to work with PipelineRx and their team of telepharmacy experts to drive connections across the continuum of care in both rural and urban hospital environments.”
“Swisslog Healthcare represents a long tradition of pharmacy automation and also a new generation of products and services that will combine telepharmacy and automation to advance pharmacy,” said Brian Roberts, CEO of PipelineRx. “Building on Swisslog Healthcare’s established global success in health-system pharmacies, we’re looking forward to developing new products and services that will integrate with our existing telepharmacy offerings. We’re proud to add another industry-leading partner to enable our strategic vision and sustainability.”
The PipelineRx investment allows the companies to jointly develop new solutions that advance the way hospitals work today to promote sustainability into the future.
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
About PipelineRx
PipelineRx is the leading independent medication management telepharmacy provider serving individual acute and specialty hospitals and integrated delivery networks through its services and software solutions. The Company’s telepharmacy solutions enable hospitals to dramatically increase operating efficiencies while ensuring medication efficacy, increasing patient safety, and improving clinical outcomes. PipelineRx differentiates its unique services via its integrated, private, cloud-based technology platform, PowerGridRx, and its optimized, distributed telepharmacist network. PipelineRx is privately held and headquartered in San Francisco, California.
For more information about PipelineRx, please visit www.pipelinerx.com.
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0155a22e-e760-4fbb-b246-51dfab26f76b