BNET Industries
Last Fiscal Year Sales:$37.5M
- Private
- US
Dow Jones Description
Innovation Associates was founded in 1974 by Harry Boyer to provide R&D, engineering and technical services, and contract manufacturing to a wide variety of clients including the U.S. Army, U.S. Navy, and IBM; and the aerospace, manufacturing, and utility industries.
Chief Executive Officer
Mary RenoNumber of Employees 74
Peer Companies
NAICS Code Other Electronic Component Manufacturing: 334419
News & Analysis
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innovation associates inc. - All News and Analysis
Innovation Associates Inc. will design and build a high-volume pharmacy automation system to replace the one currently being used at Kaiser Permanente's central-fill facility in Denver
Innovation Associates Inc. will design and build a high-volume pharmacy automation system to replace the one currently being used at Kaiser Permanente's central-fill facility in Denver. A spokesman points out that Innovation's high-volume system will be capable of filling 12,000 prescriptions during one of the center's eight-hour shifts and...
Flexibility a must in Rx technology
[ILLUSTRATION OMITTED] NEW YORK -- The most important attribute of pharmacy technology may well be adaptability, according to chain drug retailers and suppliers. At Wal-Mart Stores Inc., for example, one of the key strengths of the in-house Connexus pharmacy system is that it is sufficiently flexible to meet...
Innovation Associates promotes Jensen
JOHNSON CITY, N.Y. -- Doyle Jensen has been promoted to executive vice president at Innovation Associates. Jensen, who joined the company as vice president of sales and marketing last March, will lead Innovation's new business initiatives worldwide and be the key point of contact for all major customer programs....
AmMed HomeCare Pharmacy, a full-service mail-order pharmacy, last winter implemented one PharmASSIST ROBOTx system and two PharmASSIST SmartCabinet systems from Innovation Associates Inc. to handle the filling of about 10,000 prescriptions monthly
AmMed HomeCare Pharmacy, a full-service mail-order pharmacy, last winter implemented one PharmASSIST ROBOTx system (140 dispensers) and two PharmASSIST SmartCabinet systems (three cabinets overall and 146 dispensers) from Innovation Associates Inc. to handle the filling of about 10,000 prescriptions monthly. The ROBOTx system is Innovation's completely automated robotic dispensing technology,...
Ashby joins Innovation Associates
JOHNSON CITY, N.Y. -- Innovation Associates has designated Denys Ashby as national director of sales for chain stores. In his new post Ashby will lead all of the sales and marketing activity for the retail chain market in the senior sales role at Innovation, makers of PharmASSIST pharmacy automation...
Pharmaceutical labeling: tough regulations, high standards and utmost quality set drug labels—and their converters—apart from the rest
Labeling pharmaceutical products poses challenges to converters unlike those encountered in other industries because of the regulations in place to ensure their accuracy. In addition to making sure the labels are correct, converters might be asked to implement anti-counterfeiting measures to protect both consumers against dangerous counterfeits and pharmaceutical companies...
Pharmex Partners With Innovation Associates
Pharmex ®, a division of TimeMed Labeling Systems, Inc. , today announced that it has partnered with Innovation Associates , makers of PharmASSIST® pharmacy automation solutions, to produce customized thermal prescription vial labels for pharmacies using Innovation's PharmASSIST products. As pharmacists continue to look for solutions to...
Innovation Associates VP
JOHNSON CITY, N.Y. -- Innovation Associates Inc. has added former SXC Health Solutions area vice president Doyle Jensen to its management team as vice president of sales and marketing. Jensen brings more than 15 years of senior sales management, marketing and business development experience in the retail pharmacy industry...
Innovation Associates Inc
Mary Reno has been chief executive officer of Innovation Associates Inc. for the past decade. Based in Johnson City, N.Y., the company markets the PharmASSIST family of automated prescription dispensing and work flow management systems.
Innovation Associates
Scott & White Health Plan, a nonprofit HMO based in central Texas, has implemented Innovation Associates' PharmASSIST Enterprise Systems workflow management and automated prescription dispensing in six retail pharmacies in their network. Swedish Medical Center in Seattle also selected the PharmASSIST product line to increase efficiency and accountability in their...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Mary Reno | Chief Executive Officer |
| Joe Galati | Chief Operating Officer |
| Doyle Jensen | Executive Vice President |
| James McGonigal | Vice President, Systems Engineering |
| John Boyer | Vice President, Manufacturing & Facilities |
| John Wilson | Division Vice President, Institutional Sales |
| Mike Arp | Vice President, Finance & Controller |
| Charlie Kiefer | Founder |
| Harry Boyer | Founder |
| Tim Limer | Director of Manufacturing |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Joseph H Boyer | Chairman and Chief Technology Officer |
Mary Reno brings over 15 years of executive management experience in the pharmacy automation and healthcare arenas. With Innovation since 1996, Mary has led Innovation through its introduction to the retail pharmacy industry to its current position as an industry leader. Prior to joining Innovation, Mary was director of financial planning and controller for Critical Care America, a Massachusetts-based home infusion therapy company. She also served as a management consultant specializing in financial software systems, business process re-design, and project management, first for KPMG Peat Marwick, and subsequently as an independent consultant. Mary holds a bachelor of science degree in accounting from the State University of New York at Binghamton, and an MBA with concentration in entrepreneurship and healthcare studies from Harvard Business School. She is also a certified public accountant.
| Organization | Position | Status |
|---|---|---|
| Innovation Associates, Inc. | Chief Executive Officer | Current |
| Innovation Professional Placement | Chief Executive Officer | Current |
| New Business Development, LLC | Board of Directors | Current |
| Innovation Associates, Inc. | Industry Leader | Former |
| State University of New York at Binghamton | Bachelor of Science Degree In Accounting | Former |
| Harvard Business School | Entrepreneurship and Healthcare Studies | Former |
| Organization | Position | Status |
|---|---|---|
| Innovation Associates, Inc. | Chief Operating Officer | Current |
| Central Missouri State University | Master of Science Degree In Industrial Management | Former |
| Organization | Position | Status |
|---|---|---|
| Innovation Associates, Inc. | Chairman and Chief Technology Officer | Current |
| Innovation Associates, Inc. | Owner | Current |
Doyle leads all Innovation's new business initiatives, serves as the key point of contact for all major customer programs, and oversees all sales and marketing activity. He brings over 15 years of senior sales management, marketing, and business development experience in the retail pharmacy industry. Prior to joining Innovation, Doyle was an area vice president for SXC Health Solutions, a leading provider of pharmacy transaction processing platforms to Pharmacy Benefit Managers that process over 50% of all pharmacy claim transactions in the United States. Jensen managed the launch of the firm's pharmacy management systems in the retail pharmacy chain marketplace. He has also held senior sales management positions with Third Party Solutions and Apollo Enterprises where he oversaw the significant growth of each firm's sales revenues and received a President's Award for top performer at each company. Doyle holds a bachelor of science degree in business management from the University of Utah.
| Organization | Position | Status |
|---|---|---|
| Innovation Associates, Inc. | Executive Vice President | Current |
| SXC Health Solutions, Inc. | Vice President | Former |
| Apollo Enterprises Ltd. | Former | |
| Third Party Solutions | Former |
Jim brings over 35 years of senior-level management and engineering experience in a variety of high tech industry segments. With Innovation since 2001, Jim oversees all systems engineering including the design and implementation of all robotics solutions. Prior to joining Innovation, Jim was vice president, research & development at The Matco Group, Inc. where he was responsible for new product design, development, and engineering management for this electronics and computer peripheral manufacturing firm. Jim has also served as executive vice president at Ebonex, Inc. and director of engineering at Savin Corporation where he managed each firm's engineering, product development, and electro-mechanical research and development groups.
| Organization | Position | Status |
|---|---|---|
| Innovation Associates, Inc. | Vice President, Systems Engineering | Current |
| Ebonex Corporation | Executive Vice President | Former |
| Savin Corporation | Executive Vice President | Former |
| MATCO Group Inc. | Vice President, Research & Development | Former |
| Savin Corporation | Director of Engineering | Former |
John Boyer leads Innovation's Manufacturing department and is responsible for the planning, directing, and reviewing of all purchasing, manufacturing, and facilities management functions. With Innovation since 1983, John oversees the manufacture and purchase of outsourced, sub-assembled parts, and the final assembly, test, and quality control of all company-manufactured PharmASSIST components. He also manages the production quality control and electrical facilities design processes. Prior to joining Innovation, John had his own electrician business installing light industrial electrical systems. John holds a degree in business science from Lackawanna Junior College in Pennsylvania.
| Organization | Position | Status |
|---|---|---|
| Innovation Associates, Inc. | Vice President, Manufacturing & Facilities | Current |
| Organization | Position | Status |
|---|---|---|
| Innovation Associates, Inc. | Division Vice President, Institutional Sales | Current |
Mike Arp brings over 15 years of senior-level finance experience across a range of high tech firms. Prior to joining Innovation, Mike served as the chief financial officer (CFO) of Endicott Interconnect Technologies (EIT). Mike managed EIT's Finance, Accounting, and Information Technology groups. He has also held the role of vice president of finance for NFI Interactive in New Jersey and for Able Telcom Holding Corporation in Florida. Mike holds a bachelor of arts degree in accounting from Angelo State University in Texas, and an MBA from the University of West Florida. He is also a certified public accountant.
| Organization | Position | Status |
|---|---|---|
| Innovation Associates, Inc. | Vice President, Finance & Controller | Current |
| Endicott Interconnect Technologies, Inc. | Chief Financial Officer | Former |
| University of West Florida | Mba | Former |
| Angelo State University | Bachelor of Arts Degree In Accounting | Former |
Charlie Kiefer was graduated from MIT with degrees in theoretical physics and management and in 1976 founded Innovation Associates (IA) to help large organizations innovate. During the next 20 years the company grew rapidly, based on unusual and powerful approaches that improved clients? abilities to learn and think, to build alignment and commitment, and to change. The firm also offered a legendary education program, Leadership & Mastery, which counts more than 1,000 executives in its alumni base of 8,000. In 1990, cofounder Peter Senge published the landmark management bestseller, The Fifth Discipline, based on IA?s work. Charlie is a consultant member of SoL.
| Organization | Position | Status |
|---|---|---|
| Innovation Associates, Inc. | Founder | Current |
| Society for Organizational Learning | Current |
Harry Boyer founded Innovation in 1972 as an engineering/technical services manufacturing company. For over two decades, Innovation provided R&D, engineering, technical services, and OEM manufacturing for a variety of distinguished clients. In 1995, Harry completely shifted the focus of the business to pharmacy automation and in 1997 Innovation successfully introduced PharmASSIST. Prior to founding Innovation, Harry served as manager of tactics systems simulation development and manager of visual systems engineering for the Singer Corporation - Link division. Harry began his technical career in 1957 at Republic Aviation, where he advanced to the position of principal electronics engineer. Harry holds a bachelor of science degree in applied physics from Hofstra University.
| Organization | Position | Status |
|---|---|---|
| Innovation Associates, Inc. | Founder | Current |
| Hofstra University | Bachelor of Science Degree In Applied Physics | Former |
| Organization | Position | Status |
|---|---|---|
| Innovation Associates, Inc. | Director of Manufacturing | Current |
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