Randall Lipps

Chairman, President, CEO and Founder, Omnicell
San Francisco Bay Area,United States
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Who Is Randall Lipps?

Total Experience82 years
CompanyOmnicell
CountryUnited States

Randall 'Randy' Lipps is the visionary founder, Chairman, and Chief Executive Officer of Omnicell, Inc. Inspired by a personal experience watching nurses manage his newborn daughter's care, he identified critical inefficiencies and safety risks in hospital medication management. In 1992, he founded Omnicell to address these challenges, pioneering the field of pharmacy and supply chain automation. Under his leadership, Omnicell has grown from a startup into a global market leader, dedicated to the vision of the Autonomous Pharmacy—a zero-error, fully automated medication management infrastructure. His work has transformed how hospitals and healthcare systems manage medications, significantly improving patient safety, operational efficiency, and clinical outcomes.

How Did Randall Lipps's Career Path Shape Their Journey?

Randall Lipps's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Omnicell - Chairman, President, CEO and Founder(1992 to Present)
American Nurses Association - Member Board Of Trustees(2019 to Present)
Launchpad Digital Health - Advisory Board Member(2013 to Present)
Bellwether League - Hall of Fame(2014 to Present)
Invuity, Inc. - Member Board Of Directors(2013 to 2018)
Radisphere/Candescent Health - Member Board Of Directors(2012 to 2017)
ASHP - Foundation Member Board Of Directors(2011 to 2016)
UCSF Medical Center - Nursing Board of Overseers - Board Member(2009 to 2014)

What Are Randall Lipps's Key Achievements?

Founder and CEO of Omnicell

Founded Omnicell in 1992 and successfully led the company from a concept to a publicly-traded, global leader in medication management automation, serving thousands of healthcare institutions worldwide.

Pioneer of the Autonomous Pharmacy Vision

Championed the industry-leading concept of the Autonomous Pharmacy, a strategic framework that leverages automation, intelligence, and technology-enabled services to create a safer and more efficient medication management process.

EY Entrepreneur Of The Year® 2017 Award Winner

Recognized for his outstanding innovation, financial performance, and personal commitment to his business and community in the Northern California region's healthcare category.

Industry Transformation and Innovation

Spearheaded the development of numerous patented technologies that have become the standard for medication and supply automation in healthcare, consistently earning top rankings from industry analysts like KLAS Research.

What's Randall Lipps's Educational Background?

Bachelor's degree, Economics and Business Administration

Southern Methodist University

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Notable news
Hiring actively
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Company Overview

Omnicell
Total employees3800
HeadquartersFort Worth
Founded1992

Omnicell is a leading provider of medication management solutions and adherence tools for healthcare systems and pharmacies. The company's mission is to create the Autonomous Pharmacy, a vision for a zero-error, fully automated medication management infrastructure. Their products include automated dispensing cabinets, central pharmacy automation, and IV compounding technology, all designed to improve patient safety, reduce medication errors, and increase operational efficiency for healthcare providers.

Omnicell Stock Information
Omnicell, Inc. is listed on the NASDAQ under the ticker symbol OMCL. The company went public on August 7, 2003

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