MEPS Real-Time
MEPS Real-Time provides RFID-based medication management and inventory solutions for hospital pharmacies. Its Mira Ecosystem platform enables health systems to track, verify, and securely manage critical medications across departments to reduce errors and improve efficiency.
- Company typePrivate
- Founded2006
- HeadquartersCarlsbad, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What MEPS Real-Time does
MEPS Real-Time, founded in 2006 and headquartered in Carlsbad, California, develops RFID-based medication management solutions for hospital pharmacies and health systems. The company's core offering is the Mira Ecosystem, a medication management and data platform that uses radio-frequency identification technology to provide inventory visibility, secure handling of controlled substances, operational efficiency improvements, and cost reduction across hospital departments and locations. The ecosystem is composed of a core platform supplemented by four specialized modules: Mira Intelligence (pharmacy business optimization analytics), Mira Prep (RFID pharmacy medication management), Mira Care Workstation (point-of-care medication verification), and Mira Care Cabinet (RFID medication storage). The platform integrates into existing hospital information systems and is designed to reduce manual pharmacy workflows, decrease medication errors, and improve charge capture for high-value medications.
The company's go-to-market targets health system pharmacies, with named reference customers including Indiana University Health, NewYork-Presbyterian, Sutter Health, Methodist Dallas, and Community Hospital. MEPS Real-Time operates with a workforce of 51-100 employees and functions under the corporate umbrella of Intelliguard Holding Co., Inc., per website copyright. The business model combines RFID hardware deployment (cabinets, workstations, tags) with software-based analytics, generating revenue through equipment sales and recurring software/services contracts tied to hospital deployments. The company has raised minimal disclosed outside capital, with only $355K in funding recorded in December 2010, suggesting a primarily bootstrap or self-financed growth trajectory. Expansion signals point toward broadening the platform from pure medication tracking into pharmacy business optimization and potentially adjacent RFID use cases in perioperative and supply chain settings.
MEPS Real-Time firmographics
Firmographics- Name
- MEPS Real-Time
- Website
- https://mepsrealtime.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- MEPS Real-Time provides RFID-based medication management and inventory solutions for hospital pharmacies. Its Mira Ecosystem platform enables health systems to track, verify, and securely manage critical medications across departments to reduce errors and improve efficiency.
- Ownership category
- akta.pro rank
MEPS Real-Time industry classification
Industry- Product category
- Hospital Pharmacy RFID Medication Management
- NAICS
- Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Electronic and Precision Equipment Repair and Maintenance (81121)
- SIC
- Surgical & Medical Instruments & Apparatus (3841), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)
- akta.pro primary industry
- Medical-Grade Device Connectivity & Device Management (MDM) (HLACAFAG)
- akta.pro secondary industry
- Healthcare Provider ERP (Hospital Operations, Supply Chain, Finance) (HDAEAEAH)
Keywords
Where MEPS Real-Time is headquartered
LocationHeadquarters
- HQ city
- Carlsbad
- HQ country
- United States
- HQ region
- North America
Markets served
MEPS Real-Time business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure
MEPS Real-Time product offering
Product offeringCore offering
MEPS Real-Time offers the Mira Ecosystem, a medication management and data platform built around RFID technology for hospital pharmacies. The platform provides real-time inventory visibility across departments and locations, supports secure handling of controlled substances, and helps reduce medication errors. It is supplemented by specialized components including pharmacy analytics (Mira Intelligence), RFID pharmacy preparation management (Mira Prep), point-of-care RFID workstations (Mira Care Workstation), and RFID medication storage cabinets (Mira Care Cabinet).
Product overview
The company offers the Mira Ecosystem, a unified medication management and data platform built for hospitals to manage critical medications. The core Mira Ecosystem integrates with existing hospital systems and is supplemented by multiple specialized modules: Mira Intelligence (pharmacy business optimization analytics), Mira Prep (RFID pharmacy medication management), Mira Care Workstation (point-of-care medication verification), and Mira Care Cabinet (RFID medication storage). The system uses RFID technology to provide inventory visibility, operational efficiency, controlled substance security, and cost reduction across hospital departments and locations.
Differentiator
Problem solved
Functional benefit
Products and services
- Mira Ecosystem The Mira Ecosystem is a medication management and data ecosystem designed for hospitals to manage critical medications. It integrates RFID technology to provide real-time visibility across departments and locations, improve operational efficiency, ensure secure handling of controlled substances, and reduce medication errors. It serves hospital pharmacy leaders and clinical staff in health systems.
Companies that use MEPS Real-Time
Customer profileIdeal customer profiles1 record
MEPS Real-Time technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MEPS Real-Time partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights2 records
MEPS Real-Time competitors and assessment
Company assessmentBroad incumbents
- Omnicell: Omnicell is a leading provider of medication management solutions for health systems, including automated dispensing cabinets, pharmacy inventory analytics, and RFID-enabled workflows. It is the most direct large-scale incumbent in the hospital pharmacy automation category where MEPS Real-Time competes with the Mira Ecosystem.
- Grifols (Hospital Pharmacy / KIRO Oncology): Grifols, through its hospital pharmacy and medication management offerings, serves health systems with automated compounding and IV workflow solutions. While broader and more IV-focused, its pharmacy automation footprint makes it an adjacent incumbent competitor for hospital medication workflows.
- Cardinal Health (Hospital Pharmacy Solutions): Cardinal Health offers a broad portfolio of hospital pharmacy services and automation, including medication distribution, inventory management, and analytics for health systems. It competes in the same end market as MEPS Real-Time but at greater scale and across a wider solution set.
- BD (Becton, Dickinson and Company): BD's Medical Delivery Solutions and Pharmacy Automation businesses offer automated dispensing, medication preparation, and inventory solutions used by hospitals and health systems. It competes head-to-head with MEPS Real-Time's RFID-enabled medication management and is a broad medical device incumbent.
- McKesson (Pharmacy Solutions): McKesson provides pharmacy technology, drug distribution, and inventory management solutions to hospital and retail pharmacies. It is a broad incumbent whose pharmacy technology and inventory offerings overlap with the analytics and inventory visibility layers of the Mira Ecosystem.
Direct peers
- ARxIUM: ARxIUM specializes in pharmacy automation, including IV compounding, packaging, and RFID/inventory tracking solutions for hospital pharmacies. Its focus on automated pharmacy workflows is closely aligned with MEPS Real-Time's Mira Prep, Mira Care Cabinet, and Mira Care Workstation products.
- Aesynt (now part of Omnicell): Aesynt was a direct specialist in hospital pharmacy automation (carousels, robots, IV compounding) before its acquisition by Omnicell. Its historical product line competed directly with MEPS Real-Time's pharmacy preparation and storage modules and now lives within the dominant incumbent.
- Swisslog Healthcare: Swisslog Healthcare provides hospital pharmacy and transport automation, including medication management, storage, and tracking systems for inpatient pharmacies. Its PillPick and other automated solutions directly overlap with MEPS Real-Time's medication storage, prep, and tracking offerings.
Emerging players
- CenTrak (Halma plc): CenTrak provides RTLS and RFID-based location and asset tracking solutions for hospitals, including equipment, staff, and patient flow. It is an emerging player in healthcare RFID whose asset and inventory tracking capabilities intersect with MEPS Real-Time's RFID-based medication and supply visibility.
Others
- Impinj: Impinj is a leading provider of RAIN RFID tags, readers, and software infrastructure used across healthcare, retail, and logistics. It is a technology enabler whose RFID platform underpins many healthcare RFID applications, including potentially the hardware layer of the Mira Ecosystem.
Market position
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
MEPS Real-Time social profiles
Digital presenceMEPS Real-Time financial estimates
Financial estimateRevenue estimate
Valuation estimate
MEPS Real-Time leadership team
Management profileNumber of profiles
MEPS Real-Time funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MEPS Real-Time M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MEPS Real-Time
What does MEPS Real-Time do?
MEPS Real-Time offers the Mira Ecosystem, a medication management and data platform built around RFID technology for hospital pharmacies. The platform provides real-time inventory visibility across departments and locations, supports secure handling of controlled substances, and helps reduce medication errors. It is supplemented by specialized components including pharmacy analytics (Mira Intelligence), RFID pharmacy preparation management (Mira Prep), point-of-care RFID workstations (Mira Care Workstation), and RFID medication storage cabinets (Mira Care Cabinet).
Is MEPS Real-Time a public or private company?
MEPS Real-Time is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MEPS Real-Time founded?
MEPS Real-Time was founded in 2006. It employs 51 to 100 people.
Where is MEPS Real-Time based?
MEPS Real-Time is headquartered in Carlsbad, United States, in the North America region.
Who are MEPS Real-Time's main competitors?
Broad incumbents on record are Omnicell, Grifols (Hospital Pharmacy / KIRO Oncology), Cardinal Health (Hospital Pharmacy Solutions), BD (Becton, Dickinson and Company) and McKesson (Pharmacy Solutions). Direct peers are ARxIUM, Aesynt (now part of Omnicell) and Swisslog Healthcare. CenTrak (Halma plc) is listed as an emerging player. Impinj is listed as an others.
Does MEPS Real-Time have an API?
No public API is recorded for MEPS Real-Time.
What industry is MEPS Real-Time in?
MEPS Real-Time's product category is Hospital Pharmacy RFID Medication Management. Its primary akta.pro industry code is HLACAFAG, Medical-Grade Device Connectivity & Device Management (MDM), with a secondary code of HDAEAEAH, Healthcare Provider ERP (Hospital Operations, Supply Chain, Finance). Its NAICS code is 33451 and its SIC code is 3841.