MTS Medication Technologies ®, an Omnicell ® company, is an international provider of medication packaging systems and equipment that enhance the overall quality of care by reducing administration errors while helping to improve patient outcomes.
MTS is the leading provider of pharmaceutical packaging solutions in the long term care, institutional, and retail markets. The company designs, develops and manufactures adherence punch cards along with a complete line of automated packaging equipment for pharmacies and solutions for the management of dispensed medications at long term care facilities.
Founded in 1984 by a practicing pharmacist, MTS developed the first automated packaging machine to fill and seal medication punch cards. Today, the company serves approximately 6,000 pharmacies worldwide and remains committed to developing innovative adherence packaging solutions that help pharmacies maintain high quality standards while controlling costs.
In 2012, MTS was acquired by Omnicell, Inc., (NASDAQ:OMCL) a leading provider of medication and supply management solutions and analytics software for healthcare systems. The combination of Omnicell and MTS is expected to establish a market leading company that can integrate medication management across that broader spectrum of care.
Watch the video below as Randy Lipps and Bill Shields discuss the combination of Omnicell and MTS.