Navigation Links
New Acquisition Opens Door to Over $230m in Savings for Healthcare Providers
Date:7/15/2012

SLOUGH, England, July 16, 2012 /PRNewswire/ --

Healthcare providers globally can now benefit from millions of dollars in potential savings thanks to UK-based Hospedia's acquisition of patient flow and bed management provider Extramed today.

     (Logo: http://photos.prnewswire.com/prnh/20120716/543693-a)

     (Logo: http://photos.prnewswire.com/prnh/20120716/543693-b)

Hospedia[1] - the world's leading provider of point of care systems in healthcare, including media, information, clinical support software and infrastructure services at the bedsides of up to 10 million patients a year - will now be able to offer Extramed's Patient Flow management system across all their existing 150 hospital sites across the UK and all new sites signed up as part of its ongoing international expansion.

Hospedia's Chief Executive Tim Weil said: "This is great news not only for Hospedia but for healthcare providers too. Our infrastructure is already installed in over 150 UK hospitals and will continue to grow rapidly as we expand internationally. Combining our platform, software, expertise and reach with Extramed's software, innovation and creativity will not only open up potential savings of $230m a year for our existing sites but also an untold number of hours in time saved for nurses and clinical staff worldwide".

Hospedia currently offers real-time patient feedback, electronic meal-ordering and clinical systems access. With the acquisition of Extramed, Hospedia are taking a massive step forward in delivering the benefits of clinical support services at the point of care through the existing bedside systems.

One of the greatest challenges healthcare establishments face today is the tracking and recording of patient movements and lining up all of the activities and teams required to deliver timely patient care - consuming a large percentage of the healthcare budget. Using Extramed's Patient Flow Management system for Emergency and In-Patient care, hospitals will now be able to improve clinical coding, improve the management of care pathways and schedule discharge activities more reliably which allows more patients to be discharged safely and on-time - in turn allowing more patients to be treated while achieving average length of stay reductions.

Commenting on the acquisition, the COO of Mid-Essex Hospital said: "As an existing customer, I can see huge benefits coming out of this combination that will support changes in patient care and efficiency. Our clinical teams are already engaged with both companies on helping refine their point of care propositions for the benefit of our patients and believe that this could benefit the wider Healthcare space."

This will deliver a fundamentally better means of using IT to support patient care. The new systems will allow traditional manual records and handwritten whiteboards to be replaced by simple to use applications at the bedside, ensuring up-to-the-minute information is propagated across the hospital and so immediately engaging all teams in the delivery of the highest quality patient care.

Extramed Managing Director, Patrick Kelly, said: "Today's acquisition is a very exciting move forward for the company - we are already able to integrate with virtually any existing IT system and enabling access to these systems via Hospedia's bedside platform allows us to deliver a far wider and better service to both patients and healthcare staff. This means that healthcare providers will be able to significantly reduce costs and give staff more valuable time to spend delivering the highest quality care."

Notes

  1. Hospedia is the world's leading provider of point of care systems in healthcare, including media, information, clinical support software and infrastructure services. Hospedia has bedside terminals installed in over 150 UK hospitals, serving up to 10 million patients, 5 million visitors, and 500,000 healthcare staff every year.

    http://www.hospedia.co.uk 
    http://www.extramed.co.uk

For more information, interviews, images and case-studies, contact: Charli Collins, +44(0)2078817785 / +44(0)7818868288 / charlotte@tetra-strategy.co.uk



'/>"/>
SOURCE Hospedia
Copyright©2012 PR Newswire.
All rights reserved

Related biology technology :

1. Eaton Apothecary Selects Predictive Acquisition Cost (PAC) Drug Price Type
2. Covington Advises AstraZeneca in $1.26 Billion Acquisition of Ardea Biosciences
3. SeraCare Shareholders Approve Acquisition by Linden Capital Partners
4. inVentiv Health Completes Acquisition of Kforce Clinical Research
5. INCOM Inc. Announces Acquisition of Paradigm Optics
6. Modern Mobility Aids, Inc. Secures Financing to Close Acquisition Agreement of LumiGene Technologies
7. Modern Mobility Aids, Inc. Announces November 30, 2011 Closing of Lumigene Acquisition
8. Textile Company PurThread Technologies Opens Headquarters in Durham, North Carolina and Hires New Senior Staff
9. National Defense Industrial Association (NDIA) Opens Registration For 2012 Biosurveillance Conference, Set For August 27-28 in Washington, D.C.
10. Scotland opens stem cell research center and bio-medical incubator
11. Data mining opens the door to predictive neuroscience
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/29/2016)... 2016 According to a ... "Separation Systems for Commercial Biotechnology Market - Global ... 2015 - 2023", the separation systems for commercial ... in 2014 and is projected to expand at ... to reach US$ 19,227.8 Mn in 2023. ...
(Date:4/28/2016)... PUNE, India , April 28, 2016 ... PT, JT, Stirling, and Brayton Cryocoolers), Service (Technical Support, ... Application, and Geography - Global Forecast to 2022", published ... to USD 2.94 Billion by 2022, at a CAGR ... Browse 70 market data Tables and 94 Figures spread ...
(Date:4/28/2016)... ... April 28, 2016 , ... Morris Midwest ... house for regional manufacturers at its Maple Grove, Minnesota technical center, May 11-12. ... Chiron and Trumpf. Almost 20 leading suppliers of tooling, accessories, software and ...
(Date:4/27/2016)... , April 27, 2016 ... (CSE: NSK) (OTCPink: NSKQB) ( Frankfurt ... an ihre Pressemitteilung vom 13. August 2015 die ... ihre Finanzen um zusätzliche 200.000.000 Einheiten auf 400.000.000 ... Dollar zu bringen. Davon wurden 157.900.000 Einheiten mit ...
Breaking Biology Technology:
(Date:4/14/2016)... April 14, 2016 BioCatch ... Detection, today announced the appointment of Eyal Goldwerger ... role. Goldwerger,s leadership appointment comes at a ... of the deployment of its platform at several of ... technology, which discerns unique cognitive and physiological factors, is ...
(Date:3/29/2016)... 2016 LegacyXChange, Inc. (OTC: ... SelectaDNA/CSI Protect are pleased to announce our successful effort ... variety of writing instruments, ensuring athletes signatures against counterfeiting ... from athletes on LegacyXChange will be assured of ongoing ... Bill Bollander , CEO states, "By ...
(Date:3/21/2016)... Unique technology combines v ... security   Xura, Inc. ... digital communications services, today announced it is working alongside ... customers, particularly those in the Financial Services Sector, the ... within a mobile app, alongside, and in combination with, ...
Breaking Biology News(10 mins):