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Hospital Stay Length Results

18 Dec 2006 18:07

Deltex Medical Group PLC18 December 2006 Deltex Medical Group plc CardioQTM reported to reduce length of hospital stay in new types of surgery 19 December 2006 Deltex Medical Group plc ('Deltex Medical' or the 'Company'),the UK's leading haemodynamic monitoring company, today announces thepublication by a leading scientific journal of a letter reporting the results ofthe Medway Maritime NHS Trust's ('Medway') audit into the effectiveness ofTargeted Volume Management ('TVM') using the CardioQ during surgery. The letter, published in the December edition of the British Journal of Surgery,(Volume 93, Issue 12) analyses reductions achieved in length of stay as follows: Type of surgery Per patient bed day saving Bowel resection 2.3 days Gallbladder removal 1.6 days Kidney removal 1.0 day Bladder removal 7.5 days Prostate surgery 1.2 to 2.1 days Broken hip repair 7.8 days Hip replacement 2.2 days Spine surgery 1.5 days The Directors believe that this is the first time that the results of the Medwayaudit, which was undertaken in 2004, have been published by a scientificjournal. Furthermore, the Directors believe that this is the first scientificdata to show TVM improving outcomes in hip replacement, spinal, kidney orprostate surgery. Deltex Medical's chief executive, Andy Hill, commented: "Publication of this letter by a leading medical journal means that, in future,the results of the Medway audit will have to be considered in any review of thescientific literature about the clinical benefits and cost effectiveness of theCardioQ. Medway's results further expand the range of operations where theCardioQ has been shown to benefit patients". For further information, please contact:- Deltex Medical Group plc 01243 774 837 Nigel Keen, Chairman nk@deltexmedical.comAndy Hill, Chief Executive ah@deltexmedical.comEwan Phillips, Finance Director ep@deltexmedical.com Gavin Anderson & Company 0207 554 1400 Deborah Walter dwalter@gavinanderson.co.ukRobert Speed rspeed@gavinanderson.co.uk Charles Stanley Securities 020 7149 6457 Philip Davies philip.davies@csysecurities.com Notes for Editors Deltex Medical manufactures and markets the CardioQ monitor, which usesdisposable ultra-sound probes inserted into the oesophagus to determine theamount of blood being pumped around the body - 'circulating blood volume'.Reduced circulating blood volume is known as hypovolaemia, which leads toinsufficient oxygen being delivered to the organs. This causes medicalcomplications including peripheral and major organ failure which can lead todeath. Hypovolaemia, which is akin to severe dehydration, affects virtuallyevery patient having surgery because of the combined effects of pre-operativestarvation, the impact of the anaesthetic agents and trauma from the surgeryitself. Using fluids and drugs, guided by the CardioQ, to optimise the amount ofcirculating blood significantly reduces post-operative complications allowingpatients to make a faster, more complete recovery and return home earlier. The CardioQ incorporates the Company's proprietary software and a smalldiameter, easy-to-use, minimally invasive, disposable oesophageal probe that isused for transmitting and receiving an ultra-sound signal. By using thistechnology, the CardioQ provides clinicians with the ability to haemodynamicallyoptimise critically ill patients and those undergoing routine moderate to majorsurgery through the controlled administration of fluid and drugs. Haemodynamicoptimisation has been scientifically proven to improve the speed and quality ofpatient recovery and reduce hospital stay. There are already over 1,250 CardioQs currently in use in hospitals worldwideand distribution arrangements are in place in over 30 countries. In addition,there are currently more than 90 clinical publications on the use of the CardioQ which have repeatedly:- •Validated the results of the Monitor against known standards for measuring cardiac output, demonstrating that the technology works •Proved that the CardioQ works in a wide range of surgical procedures •Demonstrated that the Company's technology provides significant health and economic benefits by helping to reduce post-operative complications and length of hospital stays by an average of 30 to 40 per cent for a wide range of patients. This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
21st Sep 200910:56 amRNSSpanish colorectal surgery update
14th Sep 200911:51 amRNSItalian Medical Study
10th Sep 200911:13 amRNSDirector Dealings
3rd Sep 20097:03 amRNSDirectorate Change
3rd Sep 20097:00 amRNSInterim Results
3rd Aug 200911:13 amRNSHolding(s) in Company
29th Jul 20091:21 pmRNSCardioQ-ODM established as a gold standard
24th Jul 20094:03 pmRNSHolding(s) in Company
20th Jul 20097:00 amRNSTrading Statement
2nd Jul 200912:05 pmRNSDirector/PDMR Shareholding
30th Jun 20093:16 pmRNSExercise of Options
30th Jun 20093:12 pmRNSTotal Voting Rights
12th Jun 200910:28 amRNSExercise of options
12th Jun 20099:28 amRNSNon-Executive Directors' Shareholdings
12th Jun 20099:22 amRNSGrant of options
13th May 20091:54 pmRNSAGM Results
13th May 200911:00 amRNSChairman's statement to Annual General Meeting
24th Apr 20093:26 pmRNSAnnual Report and Accounts
3rd Apr 20099:22 amRNSDirectors' share dealings
30th Mar 20094:46 pmRNSDirectors' Share Dealings
4th Mar 20097:00 amRNSPreliminary Results
27th Feb 20097:00 amRNSFund Raising
12th Feb 200912:27 pmRNSResponse to NIHR report
22nd Jan 20097:00 amRNSChange of Adviser
22nd Jan 20097:00 amRNSPre-close update on the year ended 31 Dec 2008
3rd Dec 20089:20 amRNSRe Contract
21st Nov 20087:00 amRNSStatement Re CardioQ-ODM
11th Nov 200810:53 amRNSHolding(s) in Company
7th Nov 20087:00 amRNSInvestor Open Day
6th Nov 20089:00 amRNSResult of Spanish CardioQ-ODM Audit
1st Oct 20087:00 amRNSCardioQ-ODM in Keyhole Surgery
16th Sep 20087:00 amRNSInterim Results
15th Sep 20087:00 amRNSUS HTA on pulmonary artery catheters
3rd Sep 20087:00 amRNSCardioQ Update
20th Aug 20087:00 amRNSNHS National Technology Adopt
31st Jul 20088:29 amRNSTotal Voting Rights
8th Jul 20087:40 amRNSTrading Statement
1st Jul 20082:25 pmRNSDirector/PDMR Shareholding
30th Jun 20083:35 pmRNSTotal Voting Rights
30th Jun 20087:40 amRNSDirector/PDMR Shareholding
30th Jun 20087:30 amRNSDirector/PDMR Shareholding
30th Jun 20087:00 amRNSInterim Trial Results
26th Jun 20083:46 pmRNSIssue of Equity
24th Jun 200811:08 amRNSIssue of Equity
27th May 20084:00 pmRNSIssue of Equity
13th May 200811:50 amRNSResult of AGM
13th May 200811:50 amRNSResult of AGM
9th May 20089:22 amRNSHolding(s) in Company
8th May 20087:01 amRNSCardioQ-ODM Update
25th Apr 20089:07 amRNSClinical Paper

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