Navigation Links
SurgiCount Medical Awarded Contract From HealthTrust Purchasing Group for the Safety-Sponge® System

IRVINE, Calif., May 30, 2012 /PRNewswire/ -- SurgiCount Medical, Inc., the wholly-owned operating subsidiary of Patient Safety Technologies, Inc. (OTCBB:PSTX, OTCQB:PSTX) today announced that it has been awarded a contract to provide its SurgiCount Safety-Sponge® System to the member facilities of HealthTrust Purchasing Group L.P. (HealthTrust), one of the largest group purchasing organizations in the U.S.  Among other items, the agreement defines the terms under which the SurgiCount Safety-Sponge® System is made available to HealthTrust member facilities, which includes approximately 1,400 hospitals and 10,600 ambulatory surgical centers nationwide. 

"We are pleased to partner with HealthTrust to offer its members a solution clinically proven to improve patient outcomes and reduce preventable costs.  At a time of intensifying industry focus on the prevention of retained surgical sponges, all HealthTrust members will get access to the market leading solution to prevent this common but preventable surgical error," stated Brian E. Stewart, President and Chief Executive Officer of Patient Safety Technologies, Inc.

About HealthTrust Purchasing Group, L.P.

HealthTrust Purchasing Group, L.P., headquartered in Brentwood, Tenn., is a group purchasing organization that supports nearly 1,400 not-for-profit and for-profit acute care facilities, as well as 10,600 ambulatory surgery centers, physician practices, and alternate care sites. With an annual purchasing volume by its members of more than $20 billion, HealthTrust is committed to obtaining the best price for clinically recommended products, ensuring their timely delivery, and continuously evaluating and improving its services to the patients, physicians and clinicians it serves. The website is

About Patient Safety Technologies, Inc. and SurgiCount Medical

Patient Safety Technologies, Inc., through its wholly-owned operating subsidiary SurgiCount Medical, Inc., provides the Safety-Sponge® System, a solution clinically proven to improve patient safety and reduce healthcare costs by helping eliminate one of the most common errors in surgery, retained surgical sponges.  The Safety-Sponge® System is currently used in over 180 facilities across the U.S., including six of the 2011-2012 U.S. News and World Report Best Hospitals Honor Roll recipients. For more information, contact SurgiCount Medical, Inc. at (949) 387-2277 or visit

Forward Looking Statements

Statements in this press release regarding our business that are not historical facts are "forward-looking statements" (within the meaning of Section 21E of the Securities Exchange Act of 1934) that involve risks and uncertainties. Forward-looking statements reflect our management's current views with respect to future events and financial performance; however, you should not put undue reliance on these statements.  When used, the words "anticipates," "believes," "expects," "intends," "future," and other similar expressions, without limitation, identify forward-looking statements.  Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. These factors and uncertainties include but are not limited to: the ability to successfully implement hospitals under contract but yet implemented, the early stage of adoption of our Safety-Sponge® System and the need to expand adoption of our Safety-Sponge® System; the impact on our future revenue and cash flows from the ordering patterns of our exclusive distributor Cardinal Health; our need for additional financing to support our business; our reliance on third-party manufacturers, some of whom are sole-source suppliers, and on our exclusive distributor; and any inability to successfully protect our intellectual property portfolio.  In light of the risks and uncertainties, there can be no assurance that any forward-looking statement will in fact prove to be correct.

Forward-looking statements can be affected by many other factors, including, those described in the "Business", "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Factors Affecting Future Results" sections of our Annual Report on Form 10-K for 2010, our Quarterly Reports on Form 10-Q and in our other public filings. These documents are available online through the SEC's website, Forward-looking statements are based on information presently available to senior management, and we have not assumed any duty to update any forward-looking statements.

SOURCE Patient Safety Technologies, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Kalispell Regional Medical Center to Implement the SurgiCount Safety-Sponge® System
2. Mayo Clinic Research on SurgiCount To Be Presented at Conferences
3. SurgiCount Medical Announces the Successful Implementation of the Safety-Sponge® System at the University of Michigan Health System
4. Independent Clinical Research Confirms Clinical Efficacy and Cost-Effectiveness of the SurgiCount Safety-Sponge® System
5. SurgiCount Medical Announces Expanded Honor Roll Hospital Users, Landmark Product Usage Milestones Achieved
6. SurgiCount Medical Announces Agreement with 130+ Hospital Operator to Implement the Safety-Sponge® System
7. SurgiCount Medical Announces Agreement with Premier Healthcare Alliance
8. HackensackUMC Adopts SurgiCount Safety-Sponge® System
9. Ochsner Health System Adopts the SurgiCount Safety-Sponge® System
10. SurgiCount Medical Announces Expanded Functionality of the Safety-Sponge® System
11. Harvard Medical School-Partners HealthCare Center for Genetics and Genomics Successfully Completes Evaluation of AutoGenomics 2C9-VKORC1 Panel to Assess Warfarin Sensitivity
Post Your Comments:
(Date:11/24/2015)... leader in LCD screen protection and glare-elimination technology, is providing a vital solution to health care ... electronic documentation system. Photo - ... ... ... A study in 2013 by the National Institutes of Health found that ...
(Date:11/24/2015)...   Renowned UAE nutritionist ... advice and insights on supplements and healthy diet ing ... of Dubai residents are not consuming enough fruits ... femMED launches comprehensive solutions for women , s most common ... are not consuming enough to keep themselves healthy. A local expert addressed how ...
(Date:11/24/2015)... BRISTOL, Pa. , Nov. 24, 2015 /PRNewswire/ ... primarily for the medical research, clinical diagnostic and ... Kord-Valmark, a leading manufacturer of quality petri dishes. ... to offer clients a platform of products that ... and manufactured with the highest quality.  ...
Breaking Medicine Technology:
(Date:11/24/2015)... ... November 24, 2015 , ... Dr. Todd S. Afferica, a noted general ... many of his patients. Dr. Afferica now uses the BIOLASE WaterLase iPlus 2.0™ in ... time the doctor uses other traditional cutting tools, such as the scalpel and high-speed ...
(Date:11/24/2015)... ... 24, 2015 , ... ThirdLove, the fast-growing bra company that ... offering 40% off select bras and underwear styles, now through Saturday, November 28th. ... technology and the latest fashion, quickly becoming the next generation of luxury bras. ...
(Date:11/24/2015)... ... November 24, 2015 , ... The hospitals and ... several aspects of orthopedic care. They have received recognition for excellence from various ... care. , Becker's Hospital Review selected hospitals for inclusion based on national ...
(Date:11/24/2015)... ... November 24, 2015 , ... Brillouin Energy Corp. ... is the developer of renewable energy technologies capable of producing commercially useful amounts ... today that its WET™ and HHT™ Boiler System reactor core modules were presented ...
(Date:11/24/2015)... ... November 24, 2015 , ... The American Association of Poison ... poison centers through donations on Tuesday, Dec. 1, 2015. Since 2012, the Tuesday ... inspires people to collaborate in improving their local communities and help give back ...
Breaking Medicine News(10 mins):