Re NHS Review

Deltex Medical Group PLC 14 July 2004 14 July 2004 Deltex Medical Group plc ('Deltex Medical' / 'Company') NHS HOSPITAL REVIEW DEMONSTRATES USE OF DELTEX MEDICAL'S CARDIOQ REDUCES LENGTH OF HOSPITAL STAY BY TWO DAYS Deltex Medical, the AIM listed haemodynamic monitoring company, today announces the results of a formal post-procurement review by Medway NHS Trust (the ' Trust') on the impact of the wide scale use of Deltex Medical's CardioQ system. This review was undertaken subsequent to the Trust's decision to adopt the Company's technology announced to shareholders on 14 April 2004. The findings of the independent review demonstrate that the use of the CardioQ leads to an average reduction in the length of hospital stay of approximately two days per patient and have led the Trust to confirm its initial minimum order for ten CardioQs and 570 disposable probes. The total sale is valued at £83,000 and represents the largest single order funded out of mainstream NHS operational funds in the Company's history. The objectives of the Trust's review were firstly to ensure that it could implement the technology successfully and deliver the expected benefits in length of stay reductions and, secondly, to determine the extent to which the Trust would be prepared to fund ongoing routine use of the CardioQ system. The Trust's conclusion was that the average reductions in length of hospital stay of approximately two days per patient across a wide range of surgical procedures could be attributed directly to the use of the CardioQ. As a result, the Trust has stated that its managers, anaesthetists and surgeons will now work together to ensure that the use of the CardioQ is established as a standard of care on as many as possible of the 7,500 moderate and major risk surgical patients treated by the Trust each year. The Company will be using the Medway NHS Trust results to demonstrate to decision makers throughout the NHS that they will quickly improve clinical outcomes whilst benefiting from significantly better economic performance if they use the CardioQ system. Deltex Medical's Chief Executive, Andy Hill, commented: 'The highly controlled environment of clinical trials has shown repeatedly that use of Deltex Medical's CardioQ technology helps patients get better, quicker. The result of the Trust's review demonstrates exactly the same positive impact in the real-world setting of a typical NHS district general hospital. The value of the benefit achieved by the Trust is several times the cost of using the Company's products. The reduction in stay achieved by the Trust is consistent with the results emerging from similar reviews being undertaken at other NHS Trusts. 'The findings of this review are a transformational step forward in the way in which Deltex Medical will unequivocally be able to demonstrate to decision makers throughout the NHS that they can quickly improve clinical outcomes whilst benefiting from significantly better economic performance if they use the CardioQ system.' For further information, please contact:- Deltex Medical Group plc Nigel Keen, Chairman nigel.keen@deltexmedical.com 01243 774 837 Andy Hill, Chief Executive andy.hill@deltexmedical.com 01243 774 837 Ewan Phillips, Finance Director ewan.phillips@deltexmedical.com 01243 774 837 Financial Dynamics Stephanie Highett stephanie.highett@fd.com 020 7831 3113 Notes to Editors Deltex Medical manufactures and markets the CardioQ monitor, which uses disposable ultra-sound probes inserted into the oesophagus to determine the amount of blood being pumped around the body - 'circulating blood volume'. Reduced circulating blood volume is known as hypovolemia, which leads to insufficient oxygen being delivered to the organs. This causes medical complications including peripheral and major organ failure which can lead to death. Hypovolemia, which is akin to severe dehydration, affects virtually every patient having surgery because of the combined effects of pre-operative starvation, the impact of the anaesthetic agents and trauma from the surgery itself. Using fluids and drugs, guided by the CardioQ, to optimise the amount of circulating blood significantly reduces post-operative complications allowing patients to make a faster, more complete recovery and return home earlier. The CardioQ incorporates the Company's proprietary software and a small diameter, easy-to-use, minimally invasive, disposable oesophageal probe that is used for transmitting and receiving an ultra-sound signal. By using this technology, the CardioQ provides clinicians with the ability to haemodynamically optimise critically ill patients and those undergoing routine moderate to major surgery through the controlled administration of fluid and drugs. Haemodynamic optimisation has been scientifically proven to improve the speed and quality of patient recovery and reduce hospital stay. There are already over 1,250 CardioQs currently in use in hospitals worldwide and 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
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