Pharmacy OneSource Acquires MedBoard Application from MedKeeper

PR Log (Press Release) – Nov 03, 2009 – Bellevue, WA -- Pharmacy OneSource, Inc., software-as-a-service provider to more than 1,300 hospitals in the United States, and MedKeeper, a leading provider of Web-based and handheld pharmacy tools, announced today Pharmacy OneSource's acquisition of MedKeeper's MedBoard product.

"Now more than ever, reducing waste is of top priority for our customers. We're thrilled to present MedBoard as a proven model of reducing lost and wasted medications to help with their financial performance," said Keith Streckenbach, Chief Strategy Officer of Pharmacy OneSource. "Together with our other applications, MedBoard strengthens Pharmacy OneSource's commitment to swift and safe healthcare."

MedBoard is a web-based Medication Tracking System that records and tracks preparation and delivery activities of orders throughout a hospital to reduce lost and missing meds that contribute to approximately $400 per bed per year of preventable waste.

MedBoard allows pharmacy and nursing to monitor delivery times which reduces calls to pharmacy and minimizes lookup time.  By enhancing the workflow, MedBoard helps the pharmacy gain efficiency by queuing and prioritizing orders to reduce waste and re-work.  Through robust reporting, MedBoard allows the pharmacy to demonstrate performance to administration and nursing.

"Pharmacy OneSource shares our passion for pharmacy excellence, and we feel confident that they are well-positioned to represent the MedBoard medication tracking system," said Jason Kilgour, president and CEO of MedKeeper based in Westminster, Colorado. "Hospital pharmacies have been looking for something like this for years because the benefits run throughout the organization. Nurses can get their medications to patients more quickly and it reduces wasteful re-orders from communication breakdowns."

Pharmacy OneSource will be responsible for the further development of MedBoard and its marketing, sales and full-service support. More information can be found at http://www.pharmacyonesource.com/medboard

About Pharmacy OneSource (www.pharmacyonesource.com)
Pharmacy OneSource is healthcare's #1 Software-as-a-Service (SaaS) provider. Our more than 70 innovative team members provide best-in-class, SaaS solutions to current and future challenges within health-systems worldwide. Our SaaS solutions contribute to swift and safe healthcare through earlier, easier and better access to data. More than 1,300 healthcare organizations worldwide utilize our HIPAA compliant web-based services: Accupedia, Amplifi, Quantifi, ScheduleRx, Sentri7, Simplifi 797, and UnitStock.

About MedKeeper (www.medkeeper.com)
Approximately 600 hospitals and 2,000 retail pharmacies use our hosted applications to promote patient safety, improve communications and ensure regulatory compliance. Our suite of secure, web-based applications provide organizations with low-cost, easy-to-use, solutions for: medication tracking, formulary management, pharmacist clinical documentation, adverse event and medication error reporting and sterile preparation quality assurance.