Baxa Corporation
Acquires Florida-Based ForHealth Technologies™
Strategic acquisition by IV automation leader adds
ForHealth’s IV robotics and workflow management
software
Englewood, Colo.
– March 3, 2009
Baxa Corporation, a leading developer of
technology for the safe handling, packaging and
administration of fluid medications, today announced
that it has acquired ForHealth Technologies, Inc., a
Florida-based healthcare robotics and software
company, in a strategic expansion of its focus on
health-system pharmacy automation and IV room
productivity. Terms
were not disclosed.
The ForHealth acquisition adds
IntelliFill i.v.® and IntelliFlowRx™ to the existing
Baxa products for pharmacy operations management.
IntelliFill i.v., a high-speed robotic system
for preparing intravenous doses, is an industry
standard for performance, cost savings and patient
safety. Through
the preparation of more than 25 million patient doses,
IntelliFill i.v. has proven itself in many of the
most-respected US hospitals.
IntelliFlowRx IV Room Workflow Manager promotes
reductions in drug costs and waste, while ensuring
patient safety and improving accuracy and efficiencies
in manual IV compounding.
“The acquisition of ForHealth is a
strategic move that expands our commitment to
improving patient safety and enhancing the quality of
life in health-system pharmacies,” said Greg Baldwin,
Baxa Chairman and CEO.
“For decades, Baxa has led the industry in
solutions for IV preparation.
The powerful combination of the Baxa and
ForHealth products and people will expand that
leadership and accelerate customer deployment of IV
automation solutions.”
“We’re excited to be joining the
Baxa family.
Baxa Corporation’s leadership position
and established credibility in
hospital pharmacies will create new opportunities for
ForHealth products,” said Steve Thomas, ForHealth
Chairman and CEO.
“Hospital pharmacies now will have one clear
choice when it comes to addressing their IV automation
needs.”
ForHealth
operations will continue from its US headquarters in
Daytona Beach, Florida.
Baldwin and Thomas both emphasized that the
transition to Baxa ownership will be seamless for
existing ForHealth customers.
About Baxa Corporation
