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:3/23/2017)... March 23, 2017 According to a report ... derivatives market is fragmented due to the presence of a large pool ... Thermo Fisher , and Sigma-Aldrich, compete with each other in ... collectively, held more than 76% of this market in 2016.  ... As of now, a ...
(Date:3/22/2017)... -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN), today announced a major ... and GSK to generate genetic sequence data from the 500,000 ... enable researchers to gain valuable insights to support advances in ... serious and life threatening diseases. ... Genetic evidence has revolutionized scientific ...
(Date:3/22/2017)... 2017 Good Start Genetics, a leading family ... 130 million covered lives mark through its most recent ... Texas . With newly signed contracts nationally and ... strong payor acceptance based on the quality of its ... counseling, its industry-leading customer care and support and its ...
(Date:3/22/2017)... , March 22, 2017 MarketNewsUpdates.com News ... ... conditions are being pressured as of late due to the ... pain management has a dramatic impact on patient,s quality of ... development activities for identifying new forms of opioid formulations that ...
Breaking Biology Technology:
(Date:2/28/2017)... 28, 2017   Acuant , a leading provider ... significant enhancements to new and core technologies building upon ... include mobile and desktop Acuant FRM TM facial ... a real time manual review of identity documents by ... the fastest and most accurate capture software to streamline ...
(Date:2/28/2017)...  EyeLock LLC, ein marktführendes Unternehmen im Bereich ... Lösung zur Iris-Erkennung auf der neuesten Mobilplattform ... dem Mobile World Congress 2017 (27. Februar ... 3, Stand 3E10, vorstellen. Der ... – eine Kombination aus Hardware, Software und ...
(Date:2/26/2017)... Feb. 25, 2017  Securus Technologies, a leading ... for public safety, investigation, corrections and monitoring, announces ... Reentry. "Too often, too many offenders ... county jails are trying to tackle this ongoing ... friends and family members. While significant steps are underway, ...
Breaking Biology News(10 mins):