Omnicell launches RFID products for medication management

Published 14/05/2025, 21:10
Omnicell launches RFID products for medication management

FORT WORTH, Texas - Omnicell, Inc. (NASDAQ:OMCL), a $1.35 billion market cap healthcare technology company known for its pharmacy and nursing care solutions, has introduced a new line of products targeting the improvement of medication management in healthcare settings. According to InvestingPro analysis, the company is currently undervalued and maintains a moderate debt level while delivering a 43% gross profit margin. The MedTrack RFID Line and MedVision software are aimed at enhancing inventory visibility and workflow efficiency in operating rooms and outpatient clinics.

The MedTrack RFID Line includes MedTrack OR, an RFID-enabled drawer system designed for operating room and anesthesia workflows. It is intended to automate the tracking of non-controlled medications, allowing healthcare providers to focus more on patient care rather than documentation. The system is expected to provide instant access to essential medications during surgical emergencies while automatically updating inventory counts.

MedVision, a web-enabled software, offers real-time medication inventory data for outpatient clinics. It is engineered to trigger automatic reordering from central pharmacies or Centralized Services Centers when stock levels are low. The solution also supports mobile device integration for inventory management and an optional link with Epic’s medication administration record to update inventory upon medication administration.

Omnicell also announced the opening of its new Innovation Lab in Austin, Texas today. The lab is set to focus on developing solutions to improve healthcare operations and drive better clinical and operational outcomes.

These announcements come as part of Omnicell’s ongoing efforts to move toward the industry-defined vision of the Autonomous Pharmacy, aiming to reduce medication errors, stockouts, waste, and costs. The company, which has shown impressive momentum with a 13.7% return over the past week, believes that the new products will help address the challenges posed by staffing shortages and disconnected systems in healthcare facilities. InvestingPro subscribers can access 11 additional expert insights and a comprehensive analysis of Omnicell’s financial health and growth prospects through the Pro Research Report.

The information is based on a press release statement from Omnicell, Inc. With analysts expecting net income growth this year and the company maintaining profitable operations over the last twelve months, investors can find detailed valuation metrics and growth projections in the full InvestingPro analysis.

In other recent news, Omnicell reported its first-quarter 2025 earnings, surpassing Wall Street expectations with an earnings per share (EPS) of $0.26, compared to the forecasted $0.21. The company’s total revenue for the quarter reached $270 million, marking a $24 million increase from the same period last year. Despite these positive financial results, Omnicell’s stock experienced a significant decline. The company has maintained its revenue guidance for the full year 2025, projecting total revenue between $1,115 million and $1,155 million. However, Omnicell has revised its full-year 2025 non-GAAP EBITDA and EPS forecasts due to ongoing tariff impacts, particularly those associated with China. Benchmark analyst Bill Sutherland recently adjusted Omnicell’s stock price target from $62 to $40 while maintaining a "Buy" rating, citing the company’s tariff challenges as a contributing factor. Omnicell continues to focus on expanding its pharmacy automation solutions, with recurring revenue now accounting for 52% of the total. The company anticipates that its efforts to mitigate tariff impacts will begin to show results by the end of the year.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.