September 29, 2016 5:59 AM ET

Health Care Technology

Company Overview of Talyst, Inc.

Company Overview

Talyst, Inc. provides pharmacy automation solutions to acute care hospitals and integrated healthcare companies in the United States. The company offers enterprise solutions, such as AutoPharm Enterprise to manage inventory across the health system; AutoCarousel HD for medication storage in an organized, accessible, and compact footprint; AutoVault that provides controlled access and secure hospital-wide management for controlled substances; AutoPack for oral solid medication packaging; and AutoLabel for barcode labeling; and storage and automated dispensing solutions for refrigerated medications. It also provides 340B expert solutions, including AutoSplit, a managed solution to manage vario...

11335 NE 122nd Way

Suite 200

Kirkland, WA 98034

United States

Founded in 2002

Phone:

425-289-5400

Fax:

425-289-5663

Key Executives for Talyst, Inc.

Chairman and Chief Executive Officer
Age: 49
Acting Chief Financial Officer
Vice President of Research & Development
Vice President of Pharmacy Services
General Manager of The Acute Care
Compensation as of Fiscal Year 2016.

Talyst, Inc. Key Developments

Talyst Long-Term Care Division Appoints Huan Nguyen as Vice President of Automation Operations

The Talyst Long-Term Care Division announced the appointment of Huan Nguyen to the newly created position of Vice President of Automation Operations. Huan comes to Talyst LTC with the unique background of medication management automation and business process & policy improvement in post-acute care. Prior to Talyst, Nguyen spent four years as the Vice President of Operations at AlixaRx, during its inception and spinoff from Golden Living. He helped define, create, and operationalize the innovation in pharmacy services that persists between AlixaRx and Golden Living, and which serves as one model of how a modern, automated medication supply relationship can replace less-advanced methods. Nguyen was responsible for operations and performance of all pharmacy hub locations, as well as implementation of new business, compliance, and development of standardized operating processes and procedures. Nguyen's previous experience includes Vice President of Operations at OnSiteRx, and Vice President of Operations at Walgreens Long-Term Care Pharmacy where he managed branch locations of five long-term care pharmacies.

Talyst Long-Term Care Division Announces InSite System(R) 3.0

Talyst Long-Term Care Division announced its InSite System® 3.0 in-facility medication management, packaging and delivery system. InSite System 3.0 adds process-specific tools for communications, collaboration and accountability among long-term care facilities, pharmacies and the Talyst support team that refine workflows and deliver better outcomes in patient care and long-term care facility management. The InSite System 3.0 will preview at the American Health Care Association/National Center for Assisted Living (AHCA/NCAL) Annual Convention and Expo in San Antonio, Texas from October 4-7 in booth #347. InSite System 3.0 delivers the first and most comprehensive solution to improve workflows, working conditions and the quality of work for medication management by adding a collection of ancillary capabilities to its already-proven InSite Medication Server. The collection includes five categories of enhancements, provisioned via securely hosted or private cloud Software-as-a-Service (SaaS) components: Task Management, Performance Support (ad hoc and formal learning systems), Communication and Interaction Support, Decision Support; and Status and Uptime Monitoring System. Task Management System lists, monitors and tracks the activities that are routinely performed by pharmacy and facility staff managed in one place, making it easier to respond quickly. Performing on a timely basis results in accurate and precise medication management, packaging and administration outcomes. Performing badly or late may result in medication errors or frustration. The InSite System 3.0 adds the job aids that provide support for communication, collaboration and accountability of HIPAA-secure chat and video-conferencing to its foundation task-management system.

Talyst to Release AutoCool + H at ASHP Midyear

Talyst announced the release of its AutoCool®+ H, a solution providing access controlled refrigerated storage for medications requiring refrigeration. The product will debut at the 2014 American Society of Health-System Pharmacists (ASHP) midyear Meeting in Anaheim, CA. AutoCool + H is an integration between Helmer Scientific, in providing laboratory equipment for storage and processing and Talyst. This new product in the latest example of Talyst's continuing effort to work with 'best of breed' integration partners as a way to extend the products and services it offers to its customers. AutoCool + H supports bar code confirmation of all stocking, picking, and dispensing activities of refrigerated medications. It limits personnel actions through password security, secured doors, and medication specific access. AutoCool + H can consolidate refrigerated medications as a part of a comprehensive, integrated inventory system. It enables easy, centralized control and perpetual inventory management based on par-levels, and supports integrated wholesale ordering.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 20, 2015
Talyst Systems, LLC
 

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