Innovation Strategy When M&A is part of the innovation strategy, it can be a great tool to secure a key position in the existing industry (e.g. [9] Finally, we recommend that the agency reimburse the protester the costs of filing and pursuing its protest, including reasonable attorneys’ fees. DoD Contracts: Siemens Government Technologies, Innovation Associates, GSL Solutions, ASNA, Northrop Grumman, Week of 7-22-19 to 7-26-19. Innovation Associates, Johnson City, N.Y., has been awarded a maximum $48,750,000 fixed-price with an economic-price-adjustment contract for pharmacy automation systems to include robotic dispensers, cabinets, workstations, hardware, and software. The agency advised that this override was in the best interests of the government. We therefore sustain this aspect of Innovation Associates’ protest. Id. The record shows that AI quoted a total price of $4,487,573, while the protester quoted a total price of $4,494,706, for a difference of $7,133. J, Declaration of Innovation Associates’ Director of the Program Office. As a final matter, we note that Innovation Associates challenges the award to AI because, according to the protester, AI did not offer robotic arms, as required by the solicitation. AR, exh. Innovation from mergers and acquisitions needs to be part of the mix rather then the primary way an organizations fills its innovation pipeline. It’s what drives us. The record shows that this is an industry standard term, and that the protester was led to believe that it was required to offer a nesting station solution in order to satisfy the RFQ’s requirements. See salaries, compare reviews, easily apply, and get hired. 4 C.F.R. I am helping drive technology innovation in the Emerging Company / Venture Capital group at Perkins Coie LLP. Designing a better way to work is both our purpose and passion. 10, AI Final Technical Report, at 72 (emphasis supplied).[6]. This is the Innovation Associates company profile. Letter of Protest, exh. You can learn about more innovative practices through the acquisition innovation advocates (AIA). Another minimum requirement relates to providing what are termed “nesting stations.” The RFQ provided that if the offered solution used “totes” or “pucks” it also required the firm to provide “nesting stations.”[5] The totes are labeled with radio frequency identification (RFID) chips or, in the case of the awardee’s system, a [deleted]. To meet Minimum Requirement 23, Arxium must provide a solution that allows a pharmacist at the refill center to view the image and prescription data, when available or when provided by the Air Force. Innovation Associates Inc Innovation Associates, Inc. provides IT services. Protest, exh. That is not part of the requirement. This system scans the paper prescriptions using a Symphony scanner and stores them in a Symphony server that must be accessed in order to display the first fill images. This seminar - Innovations in Acquisition, FCL-A-0036 - discusses key initiatives and policy and gives real world examples and practical steps from leading practitioners. And our pharmacists are happier, too.”, Dain Rusk | VP of Pharmacy | Publix. According to the protester, its nesting stations cost approximately $[deleted] a piece, and the RFQ identifies a requirement for 36 nesting stations. The council is tasked with meeting regularly to broaden awareness and foster cross-agency collaboration and innovation. Tech Innovation Analyst in Brea, CA. 10, AI Final Technical Report, at 71-72. While the agency may be correct that the solution offered by the awardee is functionally equivalent, it is clear that the protester read the requirement of the RFQ as being limited to providing a nesting station solution as understood in the industry. AI’s system includes a [deleted] “license plate” affixed to the tote; the tote is placed on the workstation desktop and the [deleted] is read by the [deleted] reader. iA is a leading provider of high volume pharmacy automation solutions, partnering with pharmacy providers to create high volume centralized solutions that help optimize prescription fulfillment providing patient choice for how they get their prescription while pharmacists deliver impactful patient care. Whether your agency is just beginning its innovation journey, or it’s ready to move up to the next level, this seminar will present concrete tools, techniques, and real world examples of what to do, how to do it, and what to think about as you look to increase innovation, … Greg Wasson is Chairman at Innovation Associates Inc. See Greg Wasson's compensation, career history, education, & memberships. 1019219, issued by the Defense Logistics Agency (DLA) for robotic pharmaceutical equipment. Although the RFQ specified a quantity of “robotic arms”, it also more broadly stated that the proposed solution was required to include a “robotics dispensing cabinet” which the solicitation defined as follows: A robotics dispensing cabinet is an automated medication dispenser that does not require a human to manually manipulate a prescription vial in order for the vial to be filled with medication but instead, usually employs a robotic arm (or other robotic device) to direct the vial to the medication dispensing cell in order to be filled and shall provide automated (non-manual) application of vial labeling. FAI has extended their acceptance of questions for this Acquisition … Customer Acquisition | Direct Sales | Credit Counseling. Where, as here, an agency overrides the stay of performance in the best interests of the government, our Office is required to recommend corrective action without regard toany cost or disruption from terminating, recompeting, or reawarding the contract. We are hiring across multiple departments, building an exceptional and innovative team. We sustain this aspect of Innovation Associates’ protest. We sustain this aspect of Innovation Associates’ protest. The protester therefore maintains that AI does not meet this minimum requirement. In order to create the first fill images, the Air Force uses an approved “system of record” known as PharmASSIST Symphony Workflow Software. The PharmASSIST/Symphony system is proprietary to the protester and is used at retail pharmacy operations located at approximately 75 Air Force installations worldwide. This stifles innovation, offers no incentive for collaboration and makes the process more important than the product. If you are interested in joining us to unleash the full potential of pharmacy, please apply below. K, Air Force Announcement of Approval of PharmASSIST System as Approved System of Record. Acquisition Innovation Advocates (AIA) Council. Duration : 18 months Job Summary: - As a Technology Innovation Analyst, you will assist technology strategy and planning activities by analyzing technology trends including enterprise architecture, technology portfolio dimensions and benchmark and peer analyses. The protester maintains that it could have reduced its quotation by this amount had it known that it would only have to meet the first fill image requirement when the first fill images were available or provided by the Air Force. We built our purpose on a simple premise: That a company’s most valuable assets are its people. Innovation Associates maintains that it could have offered an alternate, less expensive, solution had it known that it did not have to meet these requirements. Innovation Associates argues that AI’s quotation was technically unacceptable, and therefore ineligible for award. Acquisition Innovations in Motion (AI i M) is a framework focused on embracing innovation and promoting meaningful communications. The agency evaluated the quotations, engaged in several rounds of discussions, and solicited, obtained and evaluated final quotations. Global Partner Acquisition Corp. (PRNewsfoto/Purple Innovation, LLC) Pursuant to the Merger Agreement and the related transactions, GPAC's common stock has been renamed "Class A" … Where, as here, an agency’s requirements change or are relaxed, the agency is required to amend the solicitation to provide all firms an opportunity to compete on a common basis. 1019219, issued by the Defense Logistics Agency (DLA) for robotic pharmaceutical equipment. Glassdoor gives you an inside look at what it's like to work at Innovation Associates, including salaries, reviews, office photos, and more. The National Acquisition Center Contract Catalog Search Tool now allows your facility to browse MedSurg and Pharmaceutical products and services available under Federal Supply Service contracts. However, even if Arxium’s solution were unable to retrieve scanned images from Innovation’s proprietary system, it is of no import. [1] RFQ at 3. Cherie J. Owen, Esq., Fernand A. Lavallee, Esq., and Alexander M. Yabroff, Esq., Jones Day, for Arxium, Inc., an intervenor. CACI Technologies, Inc.--Costs, B‑407923.3, Aug. 14, 2014, 2014 CPD ¶ 321 at 5. § 3554(b)(2). iA is a leading provider of software enabled pharmacy automation solutions. Diversity And Inclusion; Talent Acquisition And Retention; Training And Development; Recognitions; Community. The RFQ was issued by DLA to acquire robotic pharmaceutical automation systems at four large-volume refill centers on behalf of the Air Force to be installed at various Air Force military treatment facilities. The agency found both quotations technically acceptable and issued the delivery orders to AI based on its lower price. That question and answer provided as follows: Question: Minimum Requirement #23: Since these are refill center systems supporting multiple outpatient pharmacies, please clarify if the solution must be capable of retrieving the “first fill image” from the system used at the outpatient pharmacy. [2] We have considered all of Innovation Associates’ arguments, and sustain its protest for the reasons discussed below. Healthcare Innovation Associates is a healthcare strategy firm offering turnkey solutions. Represented Innovation Associates, a majority family-owned business spanning multiple generations that is a leading provider of software-enabled pharmacy automation solutions, in its acquisition by a consortium of private equity investors. [5] Both the protester and the awardee offered solutions that employ “totes.” A tote is essentially a shoebox-sized container into which individual prescriptions are deposited and aggregated for subsequent processing. Such a situation, while inconsistent with the overarching requirement for full and open competition, does not mean that the agency can simply waive the minimum requirement stated in the solicitation. The protest is sustained in part and denied in part. In addition, as noted, the record shows that AI proposed a solution that employed “collation lanes” where the prescriptions are segregated before being deposited into the totes. And it can’t happen without a strong commitment to valuing, growing, and … The requirement does not state that a vendor’s solution must have the ability to retrieve the image. [8] In the alternative, if the agency concludes that the awardee’s quotation does not satisfy one or more of its requirements and those requirements cannot be relaxed or revised, we recommend that the agency terminate the delivery orders issued to AI and issue delivery orders to the protester, if otherwise proper. The record shows that the agency determined that the awardee satisfied the requirement for a nesting station by offering a [deleted] scanner placed on a workstation desktop. RFQ at 6; Question and Answer No. Their contact information is below. We sustain the protest in part and deny it in part. Innovation Group’s largest acquisition to date was in 2001, when it acquired MTW for $85M.Innovation Group has acquired in 2 countries. Innovation Strategy; Modern Trends Driving our Innovation; Enhancing our Clients' HCM Landscape; Associates. While the agency may be correct that the awardee’s solution is functionally equivalent, the RFQ used a specific term--nesting station--to describe the agency’s requirements. The awardee defined a nesting station as follows: A nesting station is a system fixture utilized to identify processing totes at a workstation via an RFID reader that scans an RFID chip attached to the tote. This field is for validation purposes and should be left unchanged. Thanks to iA, we’ve given more flu vaccines this year and our overall patient-facing experience is greatly improved. The agency essentially takes the position that the solution offered by the awardee was the functional equivalent of a nesting station, and it was unobjectionable for it to have accepted that solution. [6] The agency provided our Office with a copy of the e-mail transmitting the awardee’s response to the agency’s inquiry regarding AI’s solution to the nesting station requirement but did not provide our Office with the letter embodying the awardee’s statement. Find your agency designated AIA through the TechFAR Hub or the Acquisition Gateway Innovation Hub. Consultants at INNOVATIVE ASSOCIATES have excellent business acumen, very efficient, committed; provide great support as a business partner. Id. In its comments responding to the agency report, Innovation Associates concedes that AI, in fact, had a valid FSS contract. Acquisition Innovation Forum ACQUISITION INNOVATION: ADAPTABILITY, RESILIENCY, SPEED AND REPEATABILITY Philanthropy and Volunteering; Globally Progressing the SDGs; Environment. iA works with you to unleash the full potential of pharmacy. All parties agree that this is an essential safety feature of the systems being acquired; allowing the pharmacist to view the first fill image ensures that the refill actually is for the drug and dosage that originally was prescribed. Innovation is correct that many Air Force outpatient pharmacies use Innovation’s PharmAssist software to store scanned copies of first fill images. The decision issued on the date below was subject to a GAO Protective Order. [4] Inasmuch as the protester’s quotation was only approximately $7,000 higher than the awardee’s quotation, the agency’s relaxation of this minimum requirement for the awardee was prejudicial to the protester. AI did not include any information in its quotation to show that it has the ability to retrieve the first fill images by, for example, obtaining a license from the protester to employ its proprietary Script Image Synchronization system. Innovation Group has acquired 4 companies of its own. RFQ at 5 (emphasis supplied). The RFQ provided as follows: “When verifying prescriptions, the solution shall allow the pharmacist to view the first fill image of the original written prescription and display electronic prescription data to assist in rapid verification.” RFQ Minimum Requirement No. [3] For the record, the words “when available or when provided by the Air Force” are not found in the RFQ’s statement of minimum requirements, as set forth below. We therefore do not consider this allegation further. U.S. GOVERNMENT ACCOUNTABILITY OFFICE: A Century of Non-Partisan Fact-Based Work. In Addition to the Acquisition, Companies Extend and Expand U.S. Commercial Agreements through 2029 to Drive Incremental Growth ... leader and AmerisourceBergen’s global platform of higher-margin manufacturer services to support pharmaceutical innovation. Protest alleging that awardee’s proposed solution for providing robotic pharmaceutical automation systems failed to meet several of the solicitation’s minimum requirements is sustained where record shows that the offered system failed to meet two material requirements. They have been able to build strong faith in a short span of time. [9] During the course of the protest, the agency advised our Office that it had partially overridden the Competition in Contracting Act stay of performance in order to have one of the delivery orders performed. [2] In its initial protest, Innovation Associates also maintained that the awardee did not have a valid FSS contract. The Acquisition Corps further incentivizes the status quo by evaluating acquisition professionals based solely on cost, schedule and performance within their functional roles. Innovation acquisitions, according to Chaudhuri, present four major challenges at the product, organization, and market levels: integrative complexity due to technological incompatibilities, integrative complexity due to the “maturity” of a target company, the unpredictability of a product’s performance trajectory (“technical uncertainty”) and the unpredictability of that product’s market (“market uncertainty”). Innovation Associates argues that the quotation submitted by AI is technically unacceptable for failing to meet a number of the RFQ’s minimum requirements. Innovation Associates, Inc. Indianapolis, IN 46240 Establish and lead a global talent acquisition governance structure that guides talent acquisition decisions, processes and … A total of 3 acquisitions came from private equity firms.. Answer: As stated in Minimum Requirement #23: “When verifying prescriptions, the solution shall allow the pharmacist to view the first fill image of the original written prescription and display electronic prescription data to assist in rapid verification.”. Agency Report (AR) exh. This redacted version has been approved for public release. Using military services are the U.S. Army, Navy, Air Force, Marine Corps and … [1] The RFQ contemplated the issuance of separate delivery orders for each of the four locations identified for installation of the systems, but advised firms that a single vendor would be selected for award of all four delivery orders. Excelligence is the fifth acquisition by Brentwood Associates’ latest fund, Brentwood Associates Private Equity V, L.P., which held a final close in December of 2014. We note at the outset that, in reviewing protests challenging an agency’s evaluation of quotations, our Office does not reevaluate the quotations or substitute our judgment for that of the agency; rather, we review the record to determine whether the agency’s evaluation was reasonable and consistent with the solicitation’s evaluation criteria, as well as applicable statutes and regulations. The protester argues that AI cannot meet the requirement to allow the pharmacist to view the first fill images because it has no means to access the Symphony data base to retrieve the first fill images, nor has it proposed an alternative method for creating and/or retrieving the first fill images. Identification and evaluation of acquisition targets Sutter Pacific Medical Foundation, Stanford Health Care Citigroup, Smith Barney, Hewlett Packard, Sutter Health We find no merit to these contentions. We find implicit in the requirement to view the first fill image that the pharmacist will necessarily need to retrieve the image as well. The protester explains that, as part of its quotation, it included approximately $[deleted] in costs associated with outfitting two locations with script image synchronization capabilities. Innovation Associates serves customers worldwide. The protester should submit its certified claims for costs, detailing the time expended and costs incurred, directly to the contracting agency within 60 days after receipt of this decision. Innovation. acquisitions in encouraging innovation, facilitating economic growth, stimulating jobs, and enhancing our quality of life. Here, as discussed, the RFQ clearly called for nesting stations, which is a term understood in the industry as describing a particular hardware configuration. 110 talent acquisition jobs available in Indianapolis, IN. 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