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U.S. Navy Awards Multi-Million Dollar Contract to Innovation for Pharmacy Automation Technologies — Press Release

by: Matthew Potter
August 19, 2012

Category: Business Line, Companies, Events, IT, logistics, medicine, Press Releases | RSS 2.0

Industry Leader Wins Contract With Value Up to $49 Million for Navy Pharmacy Initiative

JOHNSON CITY, N.Y., Aug. 17, 2012 /PRNewswire/ — Innovation, makers of PharmASSIST® pharmacy automation solutions, today announced that the U.S. Navy has awarded the company a 5-Year Indefinite Delivery/Indefinite Quantity contract up to $49 million to supply pharmacy automation technologies to U.S. Navy high-volume sites and outpatient pharmacies around the world. According to the U.S. Navy, Innovation was the only company who fully met the technical requirements of their published Generic Functional Systems Requirement (GFSR).

“Innovation is pleased that the U.S. Navy has awarded us this significant contract to upgrade their pharmacies’ prescription fulfillment processes and quality control,” said Mary Reno, CEO, Innovation. “We look forward to this opportunity to assist Navy pharmacies in achieving their goal of standardized workflow and dispensing platforms. Most importantly, our various technologies will help Navy pharmacies reach the specific quality objectives that they require to ensure the utmost in patient safety for our service men and women.”

The main objectives of this U.S. Navy initiative are to:

Replace current “end-of-life” pharmacy automation equipment and provide a more standardized process flow for many of the naval outpatient pharmacies.
Improve the quality of dispensing by reducing the opportunities for errors.
Increase the volume capability while reducing the wait time for patients.
Reduce operating costs related to improved inventory management, efficient staff utilization, and increased security.

U.S. Navy hospitals previously acquired their pharmacy automation systems individually. The new contract calls for central acquisition and management to enable U.S. Navy outpatient pharmacies to implement a standardized pharmacy automation system throughout the life of the contract.

About Innovation

Innovation, a leader in the world of automated prescription dispensing and workflow systems, offers the PharmASSIST family of products to address the prescription growth, quality assurance, pharmacy workflow, and cost control challenges of all types of pharmacies. Using PharmASSIST pharmacy automation solutions, pharmacies increase operational efficiency, enhance patient safety, and set new benchmarks for quality, productivity, and customer satisfaction. For more information, visit www.innovat.com.

SOURCE Innovation

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