Navigation Links
From Encision Inc.: New Medicare Penalties to Include Laparoscopic Complications
Date:8/14/2013

BOULDER, Colo., Aug. 14, 2013 /PRNewswire/ -- Encision Inc. (ECIA:PK).  According to the Centers for Medicare and Medicaid Services ("CMS"), hospitals must now focus on reducing laparoscopic surgical complications, including lacerations and accidental punctures, or face penalties. Half of all unintended punctures and lacerations during laparoscopic monopolar surgery are caused by stray electrosurgical energy and half are caused by mechanical perforation.  Stray energy burns alone have accounted for more than 16,500 preventable patient complications and 4,000 preventable patient deaths over a ten year period in the U.S. alone.[1]

CMS issued its final ruling on August 2, 2013.  The ruling is aimed at reducing selected complications that are high cost, high frequency and preventable.  The program referred to as the Hospital-Acquired Condition ("HAC") Reduction Program, identifies occurrences of complications at hospitals and forms the basis for comparing complication rates. Under the new rule, CMS will penalize 1% of all Medicare Inpatient Prospective Payment System revenue for hospitals performing in the worst-performing quartile for these new HAC quality measures, beginning October 1, 2014.

As additional evidence that laparoscopic complications are facing more scrutiny, the National Quality Forum ("NQF") has recently highlighted errant electrosurgical energy in its definition of accidental lacerations and punctures as it relates to the new Medicare HAC reduction program.

"We applaud both CMS' and NQF's efforts to recognize laparoscopic complications as a major issue," said Fred Perner, Encision's President and CEO.  "Consistent with the goal to reduce preventable laparoscopic complications, Encision's AEM® technology eliminates one of the significant contributors to complications, stray monopolar energy.  We are proud to contribute to the collective objective of enhancing patient safety by improving the quality and safety of laparoscopic surgery."

About Encision 

Encision Inc. designs, develops, manufactures and markets innovative surgical devices that allow surgeons to optimize technique and patient safety during a broad range of laparoscopic surgical procedures. Based in Boulder, Colorado, the Company pioneered the development of patented AEM® Technology, the only commercially available products that eliminate stray energy burns to patients during laparoscopic monopolar surgery.  For more information, visit our website at www.encision.com

[1] References available upon request.

In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the Company notes that statements in this press release and elsewhere that look forward in time, which include everything other than historical information, involve risks and uncertainties that may cause actual results to differ materially from those indicated by the forward-looking statements. Factors that could cause the Company's actual results to differ materially include, among others, its ability to increase net sales through the Company's distribution channels, its ability to compete successfully against other manufacturers of surgical instruments, insufficient quantity of new account conversions, insufficient cash to fund operations, delay in developing new products and receiving FDA approval for such new products and other factors discussed in the Company's filings with the Securities and Exchange Commission. Readers are encouraged to review the risk factors and other disclosures appearing in the Company's Annual Report on Form 10-K for the year ended March 31, 2013 and subsequent filings with the Securities and Exchange Commission. We do not undertake any obligation to update publicly any forward-looking statements, whether as a result of the receipt of new information, future events, or otherwise.

CONTACT: Mala Ray, Encision Inc., 303-444-2600, mray@encision.com


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

Related medicine technology :

1. Encision Names Patrick Pace, M.D. Chairman of the Board
2. Encision Reports First Quarter Fiscal Year 2014 Results
3. Encision to Release First Quarter 2013 Results on July 31, 2013
4. Encision Reports Fourth Quarter and Fiscal Year 2013 Results
5. Encision Inc. and Virtual Ports Ltd. Announce Exclusive Distribution Agreement for Laparoscopic Surgery Devices
6. Encision Reports 10% Product Revenue Increase in Third Quarter of Fiscal Year 2013 Results
7. Encision Reports Second Quarter of Fiscal Year 2013 Results
8. Encision Reports First Quarter of Fiscal Year 2013 Results
9. Astellas Pharma Inc.: New Hire Reinforces Global Compliance Structure
10. Surefire Medical, Inc.: Gene McGrevin Joins Surefire Medicals Board of Directors
11. Bio-AMD, Inc.: Medical Device Operational Update, Commercial Discussions
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/8/2016)... Feb.8, 2016 Respiratory Devices - Medical ... Medical Devices sector report, " Respiratory Devices - ... overview of Respiratory Devices currently in pipeline stage. ... pipeline products with comparative analysis of the products ... major players involved in the pipeline product development. ...
(Date:2/8/2016)... CBG Technologies, a U.S. company, is ... Systems, specifically designed for precision parts cleaning. The ... existing vapor degreasers, parts washers and ultrasonic cleaning ... recycling and recovers 100% of the solvent for ... Precision parts manufacturers benefit from this progressive ...
(Date:2/8/2016)... , Feb. 8, 2016  Echo Therapeutics, ... device company focused on non-invasive continuous glucose ... today announced that it will host a ... 17, 2015 at 9:00 a.m. Eastern Time ... its corporate strategy, advancements in its CGM ...
Breaking Medicine Technology:
(Date:2/8/2016)... ... February 08, 2016 , ... If you are feeling that ... you are not alone. According to the Center for Disease Control and Prevention (CDC), ... 2 diabetes and certain types of cancer, some of the leading causes of preventable ...
(Date:2/8/2016)... Francisco, CA (PRWEB) , ... February 08, 2016 , ... ... raise $792,000 to help combat pancreatic cancer. , Gary D. Radine, who recently retired ... also was the American Cancer Society’s 2015 CEO of the Year , helped ...
(Date:2/8/2016)... ... , ... Discover the Rocky Mountain region’s longest running and impressive garden and ... also get to see the most incredible gardens and home improvement experts that attend ... Colorado Convention Center - 700 14th St. Denver CO, is an exciting event that ...
(Date:2/8/2016)... ... February 08, 2016 , ... Guruji Mahendra Kumar Trivedi is ... 11th, 2016 in honor of his birthday on February 10th. During this time, ... Trivedi is known by over 250,000 people from over 40 different countries as an ...
(Date:2/7/2016)... ... February 07, 2016 , ... HealthSmart Holdings, Inc. announced today ... the tools and information to lower the costs, and increase the impact of ... providing employee healthcare benefits by as much as 22%:, + Price and ...
Breaking Medicine News(10 mins):