FOR IMMEDIATE RELEASE: CONTACT: Mike Laffey, President
January 19, 2006 Tel.: 732-544-8888, Ext. 119
Eatontown, NJ—Hemo Concepts, Inc., an integrated blood conservation company based in Eatontown, NJ, has announced a contract with the Lake Hospital System in Ohio to provide a state-of-art web-based blood conservation system named e-BOS ® (Evidenced-based Outcome System).
e-BOS ® is a web-based program offering two components—training provided by top educators in the medical field on the implementation and management of integrated blood conservation programs and an electronic-reporting system providing a HIPAA-compliant, evidence-based database allowing hospitals to confirm both clinical and financial outcomes. The deal with Lake Hospital includes a 6-month consulting agreement and a 6-year e-BOS ® license agreement.
“Few institutions in our area offer bloodless surgery or integrated blood conservation programs and we see a vital need in this market,” said Ted Nichols, MD, Senior Vice President of Medical Affairs at Lake Hospital System. “A lot of patients are leaving the area to have surgery elsewhere because these programs are not being offered. Now, Hemo Concepts will help us establish these important programs.”
Dr. Nichols explained that an integrated blood conservation program combines good medicine with good business. “Blood transfusions are costly. With an effective blood conservation program the patient, the hospital, and the insurance company save money.” Integrated blood conservation programs also work to reduce health risks. “From a quality-of-care perspective, patients are better off not having transfusions unless absolutely necessary. There are health risks. No matter how hard you work to make a safe blood supply system, certain things can slip through.”
Lake Hospital System has been a leader in community health care in Northeast Ohio since 1902. In 2003, Lake Hospital System was named one of the 100 Top Hospitals in the nation, by Solucient, the leading source of healthcare business intelligence. The award recognizes hospitals for excellence in quality of care, operational efficiency, financial performance, and adaptation to the environment. “We have earned this recognition because of the hard work and dedication of our team members and physicians,” explains Cynthia Moore-Hardy, Lake Hospital System president and CEO. “I’m proud of their continuing commitment to provide the right care, right here.”
“The leadership at Lake Hospital System understands the vital importance of integrated blood conservation,” said Damon Keeley, Hemo Concepts Chairman and Chief Executive Officer. “This e-BOS ® System agreement serves as another example of Lake Hospital System’s continuing commitment to provide the best possible care for their patients.”
Chronic blood shortages and escalating costs have sparked growing interest in alternatives to donor blood transfusions. According to the American Red Cross, the majority of its regional blood service centers operate on less than one day’s supply of blood. The issue of adequate blood supply also takes on critical importance in disaster preparedness, which is now mandated by the American Association of Blood Banks.
Founded in 1991, Hemo Concepts provides vital education, products, services, and training to hospitals in reducing the need for donor blood transfusions. Less transfused blood and fewer blood products offer better clinical outcomes for patients and superior financial outcomes for hospitals. “Blood shortages, clinical problems, and the financial impact associated with the reliance on an increasingly costly and shrinking donor blood supply are major health care concerns now and in the future,” Mr. Keeley said. “Hemo Concepts has the solution to the crucial issue of blood supply and the leadership to execute—in America and around the globe.”
Hemo Concepts offers a unique platform of products and services, including:
• e-BOS (Evidenced-based Outcome System)—a state-of-the-art web-based program with two components—training provided by top educators on the development and execution of integrated blood conservation programs; and an electronic-reporting system providing a HIPAA-compliant, evidence-based database allowing hospitals to confirm both patient and financial outcomes.
• The Bloodless Medicine and Surgery Institute (www.bmsi.net) — The world’s only education institution for the teaching of and training in integrated blood conservation concepts.
• Integrated Blood Conservation consulting—Contractual agreements that help hospitals to develop blood conservation programs. These programs are integrated because they apply across the whole spectrum of care given at the hospital.
• Autotransfusion Services—Technicians who help reduce the amount of blood and blood products used in the operating room by recycling the patient’s blood and blood products.
For more information, contact www.hemoconcepts.com or www.lhs.net.
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