Healthcare Industry News: Vacuum Assisted Closure
News Release - September 13, 2007
KCI Delivers Pressure Ulcer Prevention Program to Help Hospitals Comply With New Medicare RulingSAN ANTONIO--(HSMN NewsFeed)--Kinetic Concepts, Inc. (NYSE:KCI ), a leading global advanced wound care and therapeutic surfaces company, provides a unique prevention program designed to help facilities address new Medicare guidelines regarding hospital-acquired pressure ulcers. KCI's unique program addresses prevalence and incidence (P&I) of hospital-acquired pressure ulcers among a facility's patient population, which are two key measurements for wound care treatment protocols. Additional components of this program include patient assessment and documentation, plus online educational programs (www.kci1.com) to increase awareness and compliance as well as optimize patient care and enhance reimbursement.
Prevalence measures the number of patients with a pressure ulcer on a given day, while incidence measures the number of patients who develop a pressure ulcer after admission. KCI's unique program measures both prevalence and incidence, which is particularly valuable now that the Centers for Medicare and Medicaid Services (CMS) have announced that treatment of hospital-acquired pressure ulcers will no longer be reimbursed. This policy change will eliminate reimbursement for the treatment of what are now considered "conditions that could reasonably have been prevented."
KCI has offered this unique approach to prevalence and incidence to help reduce the cost of treatment for more than 15 years and has assessed more than 300,000 patients in the U.S. "VHA's nursing leaders have been actively involved in the KCI P&I study for nine years and the depth of understanding of key issues that has resulted from the study have greatly influenced efforts to improve performance," said Lillee Smith Gelinas, RN, MSN, FAAN, Vice President and Chief Nursing Officer, VHA Incorporated. Based in Irving, Texas, VHA is a healthcare provider alliance that services more than 1,400 hospitals and more than 21,000 non-acute care providers.
"We believe KCI's pressure ulcer prevention program will become a critical component of hospitals' protocols designed to reduce costs under the new Medicare guidelines," said Catherine M. Burzik, President and Chief Executive Officer for KCI. "Utilizing KCI's unique program, in conjunction with our AtmosAir® pressure-relieving mattresses, could potentially save hospitals millions of dollars."
Kinetic Concepts, Inc. is a global medical technology company with leadership positions in advanced wound care and therapeutic surfaces. We design, manufacture, market and service a wide range of proprietary products that can improve clinical outcomes and can help reduce the overall cost of patient care. Our advanced wound-care systems incorporate our proprietary Vacuum Assisted Closure®, or V.A.C.® Therapy technology, which has been demonstrated clinically to help promote wound healing through unique mechanisms of action and can help reduce the cost of treating patients with serious wounds. Our therapeutic surfaces, including specialty hospital beds, mattress replacement systems and overlays, are designed to address pulmonary complications associated with immobility, to prevent skin breakdown and assist caregivers in the safe and dignified handling of obese patients. We have an infrastructure designed to meet the specific needs of medical professionals and patients across all healthcare settings, including acute care hospitals, extended care organizations and patients' homes, both in the United States and abroad.
This press release contains forward-looking statements. These forward-looking statements are based on our current expectations and are subject to a number of risks and uncertainties. All information set forth in this release is as of its date, and we undertake no duty to update this information. More information about the company is described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2006 and our Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2007, on file with the SEC and available at the SEC's website at www.sec.gov.
Source: Kinetic Concepts
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