Navigation Links
Wall Street Journal Highlights Blood Management, Strategic Healthcare Group LLC, and Dr. Timothy Hannon
Date:11/3/2008

INDIANAPOLIS, Nov. 3 /PRNewswire/ -- The Wall Street Journal published an article on October 29th describing the benefits of blood management, highlighting Strategic Healthcare Group LLC and featuring quotes from President and founder Dr. Timothy Hannon. The article, Hospitals Seek to Limit Use of Transfusions: New Efforts to Recycle Blood and Treat Anemia Are Aimed at Cutting Costs and Risks, is part of the "The Informed Patient" series written by Laura Landro (available at http://online.wsj.com/article/SB122523396064077821.html). This article focuses on three issues: mounting safety concerns regarding blood transfusions, the efforts such as those of the Joint Commission to bring attention to these issues, and solutions such as the Strategic Blood Management(TM) suite of products that demonstrably reduce transfusions while improving clinical outcomes.

The article quotes Strategic Healthcare Group founder Dr. Hannon regarding the growing concerns that blood is not without risks for patients and should only be used when the benefits outweigh the risks. The article describes the growing number of Strategic Blood Management clients as a result of an expanding partnership between the American Red Cross and Strategic Healthcare Group. Finally, Dr. Hannon describes the success that he has been able to bring about at hospitals resulting in as much as a 30% reduction in transfusions and over $4 million per year in transfusion cost savings.

"We are very pleased to be mentioned prominently in The Wall Street Journal article that continues to bring attention to the need for proper management of blood products," Dr. Hannon said. "The Wall Street Journal should be commended for its leadership in educating its readers and the medical community about blood management as a way to improve the efficiency and quality of care simultaneously."

Rising blood costs, intermittent blood shortages and quality of care concerns are encouraging blood centers and hospitals to find more efficient ways to manage blood products. The Strategic Blood Management(TM) system consists of a suite of products that helps hospitals improve blood utilization while reducing the cost of care. The Strategic Blood Management(TM) system includes BloodStat(TM) blood utilization benchmarking reports, Strategic Blood Management(TM) program implementation and support services, and the Blood eManagement(TM) learning suite.

About Strategic Healthcare Group LLC

Strategic Healthcare Group is the leading provider of blood management products and solutions, partnering with the U.S. blood collection industry and forward thinking healthcare systems. Hospitals using the Strategic Blood Management(TM) system have reported reductions in blood utilization from 11% to 37% with cumulative cost savings in excess of $50 million through the reduction in unnecessary transfusions while improving patient care and increasing patient safety.

For further information see http://www.bloodmanagement.com


'/>"/>
SOURCE Strategic Healthcare Group LLC
Copyright©2008 PR Newswire.
All rights reserved

Related biology technology :

1. CFO of China Yingxia Emphasizes Growth in Organic and Health Food Segment in Interview by The Wall Street Transcript
2. Water Street Health Care Partners Completes Agreement With Gentiva Health Services to Acquire Majority Ownership of CareCentrix
3. The Wall Street Transcript Interviews AMDL, Inc. CEO & President Gary Dreher for Fall Healthcare Issue
4. InNexus Biotechnology CEO to Present at The Wall Street Analyst Forum in NYC
5. Stem Cell Profits Five Years Away, Says Repair Stem Cell Institute Chairman to The Wall Street Transcript
6. Main Street Gourmet Launches New Probiotic Muffins
7. Michael V. Novinski, Emisphere President/CEO Featured in the Wall Street Transcript
8. Dow AgroSciences Success Presented to Wall Street
9. AMDL Presentation of China Success Story from Rodman & Renshaw Annual Healthcare Conference Available at WallStreetReporter.com
10. Favrille to Present at AG Edwards Emerging Growth Conference and Wall Street Analyst Forum
11. PAREXEL Partners with Glenmark to Win the Good Clinical Practice Journal Award for Most Innovative Patient Recruitment Strategy
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/17/2017)... Springs, FL (PRWEB) , ... August 17, 2017 ... ... announced that the stock market news outlet had provided a research update on ... company's nasally administered TRT product. , According to Soulstring, prescription rates for Natesto® ...
(Date:8/16/2017)... ... 2017 , ... While art and science are often thought of as two ... think. A Mesh Is Also a Snare, a group exhibition presented by the ... Klein Gallery (EKG) on August 17 and run through September 30. An opening reception ...
(Date:8/15/2017)... 15, 2017 After spending the past two years building ... data collection, GeneFo now offers this platform to healthcare stakeholders (hospitals, ... support, adherence, and data collection vis a vis their members, under ... successful launch of this offer. ... GeneFo ...
(Date:8/15/2017)... , ... August 15, 2017 , ... ... family of 6” modular downlights designed to stay tightly sealed and perform efficiently ... where damp and wet location listings just aren't enough, such as: hospitals; behavioral ...
Breaking Biology Technology:
(Date:4/3/2017)... , April 3, 2017  Data captured ... engineering platform, detected a statistically significant association ... prior to treatment and objective response of ... potential to predict whether cancer patients will ... treatment, as well as to improve both pre-infusion ...
(Date:3/29/2017)... March 29, 2017  higi, the health IT company ... North America , today announced a Series ... acquisition of EveryMove. The new investment and acquisition accelerates ... tools to transform population health activities through the collection ... higi collects and secures data today on ...
(Date:3/24/2017)... Research and Markets has announced the addition ... Trends - Industry Forecast to 2025" report to their offering. ... The Global Biometric ... of around 15.1% over the next decade to reach approximately $1,580 ... market estimates and forecasts for all the given segments on global ...
Breaking Biology News(10 mins):