Monday, November 24, 2008

Mediware purchases Hann's On for $3.5 million

Below is a posting from Modern Healthcare.  Phil Hann is one of the all time great guys in the industry.  He belongs in the Pharmacy Informatics Hall of Fame and deserves 10 times, heck 100x this amount.  He was my boss back in the day;  When he was a victim of a Corporate downsizing, he put it all on the line to follow his dream and started a pharmacy information system company.   His product was as elegant and brilliant as he is.  I hope Phil does not ride off into the sunset on his Harley for too long as we need him in the profession.  All the best to everyone at Hanns On!

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Mediware Information Systems acquired nearly all the assets of Hann’s On Software in a $3.5 million cash agreement.

The Lenexa, Kan.-based developer of software systems for blood and medication management will use Santa Rosa, Calif.-based Hann’s On products to grow its medication-management offerings. The purchase will allow Mediware to expand its focus on smaller hospitals, alternate-site infusion and specialty-pharmacy markets, according to a news release. The deal includes an additional earning opportunity based on operational performance

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