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In 1993, he began marketing his first supply automation systems, targeting single location community hospitals, government hospitals, and regional and national healthcare giants, setting his sights on the 5,800 acute-care hospitals in existence in the United States.
Sales of such systems reached $7.7 million by the end of 1995 and nearly tripled the following year, swelling to $21.5 million.
The encouraging rise in revenues in 1996 also marked the debut of Omnicell’s first pharmacy automation system, which was released late in the year.
Omnicell filed for an initial public offering (IPO) of stock in April 2000, but the timing of the proposed offering derailed Lipps’s bid to obtain an infusion of capital.
By March 2001, Lipps’s patience was at an end.
By 2004, the average sales per customer eclipsed $100,000.
O’Brien, Chris, “Insiders Ride Omnicell’s Success: Shares Sold at Highest Rate in Five Years,” San Jose Mercury News, February 19, 2007.
"Omnicell, Inc. ." International Directory of Company Histories. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/omnicell-inc
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Groove Health | 2016 | $1.5M | 7 | - |
| TotusRx | 2016 | $39,000 | 3 | - |
| SMRxT | 2010 | $2.8M | 13 | - |
| CareFusion Manufacturing LLC | 2001 | $3.8B | 16,000 | - |
| Accuray | 1990 | $446.6M | 947 | 16 |
| VIA Technologies, Inc. | 1987 | - | 1,000 | - |
| Pinnacle Systems | 1986 | $240.0M | 851 | - |
| US Technologies | 1987 | $11.0M | 100 | 9 |
| Advanced Technology Services | 1985 | $80.0M | 2,000 | 149 |
| Calypso Medical | 1999 | $23.0M | 100 | - |
Zippia gives an in-depth look into the details of Omnicell, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Omnicell. The employee data is based on information from people who have self-reported their past or current employments at Omnicell. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Omnicell. The data presented on this page does not represent the view of Omnicell and its employees or that of Zippia.
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