Omnicell, Inc. (NASDAQ: OMCL) is a California-based technology company that manufactures and sells automation products and services for hospital pharmacies, nursing units, specialty clinics, and operating rooms. The company's stated goal is to help hospitals improve patient safety and reduce costs, by managing medications and supplies within a single system.
Omnicell was founded in 1992 by industrial engineer Randall A. Lipps. Lipps began researc...
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Omnicell, Inc. (NASDAQ: OMCL) is a California-based technology company that manufactures and sells automation products and services for hospital pharmacies, nursing units, specialty clinics, and operating rooms. The company's stated goal is to help hospitals improve patient safety and reduce costs, by managing medications and supplies within a single system.
Omnicell was founded in 1992 by industrial engineer Randall A. Lipps. Lipps began researching hospital management after observing massive waste and inefficiency at a large university hospital during a family member's treatment there. Noting hospitals' lack of adequate systems and processes for dealing with typically large inventories of medications and supplies, Lipps built a prototype of a computerized supply cabinet in his garage, and eventually expanded his idea into a multi-million dollar business.
Omnicell headquarters are in Mountain View, California, with offices in Illinois, Tennessee, Texas, and India. The company sells...
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