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Hospira Acquires TheraDoc, Enhances Medication Safety and Infection Management Offerings
Date:12/2/2009

LAKE FOREST, Ill., Dec. 2 /PRNewswire-FirstCall/ -- Hospira, Inc. (NYSE: HSP), a leading provider of clinical information and medication delivery technologies, announced today that it has acquired Salt Lake City-based TheraDoc, a clinical informatics company that develops hospital surveillance systems. TheraDoc's two leading products, Infection Control Assistant(TM) and Antibiotic Assistant(TM), join Hospira's expanding portfolio of medication safety and infection management products. Hospira will demonstrate both products at the Institute for Healthcare Improvement (IHI) 21st Annual National Forum on Quality Improvement in Health Care (Dec. 6 - 9 in Orlando) and the American Society of Health-System Pharmacists (ASHP) Midyear Clinical Meeting and Exhibition (Dec. 6 - 10 in Las Vegas).

"The acquisition of TheraDoc aligns well with Hospira's focus on improving the clinical outcomes, caregiver productivity and safety of patient care," said Philip Settimi, M.D., vice president, Global Marketing, Devices, Hospira. "TheraDoc is the gold-standard in enterprise-wide clinical surveillance and decision support. Hospira now offers a truly comprehensive solution for medication safety and infection management, which are two of providers' most pressing healthcare challenges."

According to the Centers for Disease Control, there are 99,000 deaths due to hospital-acquired infections (HAI) and 1.7 million HAIs annually.(1) Careful monitoring of infections is critical with the Centers for Medicare & Medicaid Services' emphasis on avoiding "Never Events," and hospitals facing reduced funding and coverage based on infection rates.

With HAIs costing between $28.4 billion and $33 billion each year, (2) Johns Hopkins used TheraDoc to help reduce HAI confirmation time by 50 percent while achieving 98 percent accuracy of infect
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SOURCE Hospira, Inc.
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