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Intelligent Hospital Systems (IH Systems), developer of industry-leading pharmacy automation and workflow solutions, announced it has acquired AmerisourceBergen Technology Group (ABTG). The combined businesses will form a new company that will operate under the name ARxIUM.
The acquisition will create the most integrated pharmacy technology company in the industry, offering numerous best-in-category products and software solutions. ARxIUM will have headquarters in Winnipeg, Manitoba and Buffalo Grove, Illinois.
“This is a very important day for IH Systems and ABTG, but it’s even more important for pharmacy practitioners everywhere who are seeking safer, more efficient solutions,” said owner Ed Van Humbeck, whose family acquired a controlling interest in IH Systems last spring. “The integration of these two companies will create something that is truly greater than the sum of its parts. We will provide a broad range of tools for pharmacies to vastly improve patient safety, operating cost and workflow efficiency.”
IH Systems and ABTG are both recognized as leaders in developing proprietary technology to enhance pharmacy operations. IH Systems’ RIVA technology is the only fully automated IV compounding system on the market today, while ABTG provides the industry’s leading workflow and scheduling software. By integrating the two firms’ products, resources and expertise into a seamless offering, ARxIUM will be able to provide customers the broadest range of pharmacy technology available.
“We know that technology helps pharmacies enhance safety and efficiency, and reduce costs,” said Dr. Niels Erik Hansen, president and CEO of IH Systems, who will serve in the same capacity with ARxIUM. “By acquiring ABTG and combining our specialized technology resources, we expect to bring significant innovation to market more quickly, meet customer needs more effectively and rapidly expand our global footprint.”
Over the past several years, IH Systems has pioneered a comprehensive workflow concept called Total Dose Solution (TDS), a fully customizable solution that encompasses planning and scheduling, workflow, and resource and production management. Within ARxIUM, the TDS offering will provide customers the opportunity to optimize operations with the convenience of working with a single vendor that can deliver all components of an end-to-end solution.
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