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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
16th Apr 20129:35 amRNSHolding(s) in Company (Replacement to 10/04/12)
16th Apr 20129:23 amRNSHolding(s) in Company
10th Apr 20124:58 pmRNSHolding(s) in Company
5th Apr 201211:42 amRNSDirector/PDMR Shareholding
4th Apr 20127:00 amRNSIssue of Equity
29th Mar 20127:00 amRNSCardioQ-ODM in emergency abdominal surgery
26th Mar 20128:34 amRNSHolding(s) in Company
23rd Mar 20122:08 pmRNSHolding(s) in Company
21st Mar 20124:48 pmRNSIssue of Equity
16th Mar 201212:59 pmRNSIssue of Equity
14th Mar 20127:00 amRNSCardioQ Canadian Implementation Progress
7th Mar 20127:00 amRNSDeltex Medical awarded NHS Supply Chain tender
7th Mar 20127:00 amRNSResults Summary for the year ended 31 Dec 2011
5th Mar 20127:00 amRNSITAPP promotes intra-operative fluid monitoring
1st Mar 20128:29 amRNSHolding(s) in Company
22nd Feb 20127:00 amRNSDeltex Medical selected for US evaluation project
5th Jan 20127:00 amRNSPre-close update on the year ended 31 Dec 2011
21st Dec 20112:13 pmRNSCorrection - Issue of Equity
21st Dec 20117:00 amRNSBenefits of CardioQ-ODM in bladder surgery
14th Dec 20117:00 amRNSIssue of Equity
9th Dec 20119:00 amRNSNCEPOD supports NICE guidance on CardioQ-ODM
7th Dec 20114:32 pmRNSIssue of Equity
7th Dec 20114:01 pmRNSDirector/PDMR Shareholding
6th Dec 20117:00 amRNSNHS Innovation Review prioritises ODM
30th Nov 201112:13 pmRNSIssue of Equity
1st Nov 20118:22 amRNSDirector/PDMR Shareholding
28th Sep 20115:16 pmRNSGrant of Options
28th Sep 20115:06 pmRNSDirectors' Shareholdings / Issue of Equity
14th Sep 20117:00 amRNSInterim Results
18th Jul 20117:00 amRNSTrading Statement
17th Jun 201110:24 amRNSTotal Voting Rights - Correction
6th Jun 20115:46 pmRNSAdditional Listing
31st May 201112:18 pmRNSHolding(s) in Company
19th May 20112:35 pmRNSDirector/PDMR Shareholding
12th May 20117:00 amRNSNotification of Major Interest in Shares
11th May 20114:56 pmRNSNotification of Major Interest in Shares
28th Apr 201111:31 amRNSResult of AGM
28th Apr 201111:00 amRNSAGM Statement
19th Apr 20111:25 pmRNSIssue of Equity
19th Apr 20111:21 pmRNSDirectors' Shareholdings / Issue of Equity
19th Apr 201111:07 amRNSDirectors' Share Dealings
15th Apr 20113:28 pmRNSIssue of Equity
15th Apr 20113:04 pmRNSIssue of Equity
5th Apr 20117:00 amRNSAdditional Listing
30th Mar 20117:00 amRNSFinal NICE guidance recommends CardioQ-ODMT
22nd Mar 20117:00 amRNSHolding(s) in Company
11th Mar 20114:36 pmRNSHolding(s) in Company
10th Mar 20111:05 pmRNSIssue of Equity
1st Mar 20117:00 amRNSPreliminary Results Announcement
21st Feb 20117:00 amRNSAdditional Listing

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