LMS and AON Launch Risk Management Initiative in Obstetrics
MONTREAL, QC, April 19 /PRNewswire-FirstCall/ -- LMS Medical Systems
(AMEX:LMZAMEX:TSX:LMZ), a healthcare technology company and developer of the
CALM(TM) system (Computer Assisted Labor Management), today announced that it
has entered into an agreement with Aon Risk Services, a subsidiary of Aon
Corporation (NYSE:AOC), to assist hospitals improve their risk management
profile in obstetrics.
Obstetrics is well recognized as a highly complex specialty where medical
professionals are required to make repeated timely and precise interpretation
of changing physiological markers for both mother and baby as labor evolves. Failing to identify and or respond to any number of factors during labor and
delivery can negatively impact outcomes. In addition, the absence of
standardization of interpretation and care has led to the current overuse,
under-use and misuse of clinical resources and interventions, all of which have
placed a significant financial burden on medical staff and payors alike.
Over the past decade, obstetrics has become one of the most litigated areas in
healthcare in the United States and elsewhere. It is therefore no surprise that
hospitals, clinicians and risk managers are therefore looking to improve
outcomes, increase patient safety and thus enhance their overall risk profile.
LMS specializes in risk management tools for obstetrics. These tools analyze
the dynamics of physiological indicators during childbirth for mother and baby. CALM Curve provides for the consistent and objective assessment of the progress
of labor. Better labor assessment may lead to a more timely and appropriate use
of cesarean sections. CALM Patterns provides objective, real- time detection,
classification and labeling of fetal heart rate patterns. Better assessment of
fetal distress may reduce the incidence and severity of birth related brain
damage.
"LMS tools provide insight that will help clinical teams make the right
decisions for their patients at the right time for the right reasons," said
Diane Cote, CEO of LMS. "This initiative with Aon provides a platform for
healthcare facilities, their physicians, nurses, risk managers and insurers to
work together in support of better outcomes, improved safety and reduced risk." Aon Healthcare works with health care facilities across the United States to
help them maximize their "return on risk" by analyzing their risk profiles,
providing front-end tools and delivering process-driven products that support
better access and affordability of insurance for institutions and practitioners
alike. Given the often-direct correlation between the quality of medicine in an
organization and the cost of risk, providers can no longer afford to treat the
two as unrelated." Many providers are looking for ways to build risk reduction strategies that
will yield improved actuarial loss projections," said Matthew Rice, a vice
president with Aon Healthcare. "This is possible with the collaboration of
forward-thinking underwriters, innovative product and service providers who
structure their offering with both quality and risk in mind, and internal and
external data. Together with LMS, Aon can bring innovative risk reduction
solutions to obstetrical providers." About LMS: LMS Medical Systems ( http://www.lmsmedical.com/ ) is a leader in the
application of advanced mathematical modeling and neural networks for medical
use. The LMS Computer Assisted Labor Management product suite provides
physicians, nursing staff and risk managers with innovative obstetrical
decision support and risk management tools integrated into robust clinical
information systems designed to improve outcomes and patient care for mothers
and their infants during labor and delivery.
About Aon: Aon Corporation ( http://www.aon.com/ ) is a leading provider of risk
management services, insurance and reinsurance brokerage, human capital and
management consulting, and specialty insurance underwriting. The company
employs approximately 48,000 professionals in its 500 offices in more than 120
countries. Backed by broad resources, industry knowledge and technical
expertise, Aon professionals help a wide range of clients develop effective
risk management and workforce productivity solutions. Aon Healthcare is
dedicated to solving business, patient outcome and human capital risk issues
for health care. Aon Healthcare coordinates services of its national, regional
and local expertise as a seamless team. Comprehensive expertise includes
medical professional, managed care, captives, claims and risk control, benefits
design and management, compensation consulting, HR, financial risk management,
Return on Risk strategies, and change management.
This press release contains forward-looking statements that involve risks and
uncertainties, which may cause actual results to differ materially from the
statements made. For this purpose, any statements that are contained herein
that are not statements of historical fact may be deemed to be forward- looking
statements made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Without limiting the foregoing, the
words "believes," "anticipates," "plans," "intends," "will," "should,"
"expects," "projects," and similar expressions are intended to identify
forward-looking statements. You are cautioned that such statements are subject
to a multitude of risks and uncertainties that could cause actual results,
future circumstances, or events to differ materially from those projected in
the forward-looking statements. These risks include, but are not limited to,
those associated with the success of research and development programs, the
adequacy, timing, and results of clinical trials, the regulatory approval
process, competition, securing and maintaining corporate alliances, market
acceptance of the Company's products, the strength of intellectual property,
financing capability, the potential dilutive effects of any financing, reliance
on subcontractors and key personnel, and other risks detailed from time-to-time
in the Company's public disclosure documents or other filings with the Canadian
and U.S. securities commissions or other securities regulatory bodies. The
forward-looking statements are made as of the date hereof, and the Company
disclaims any intention and has no obligation or responsibility, except as
required by law, to update or revise any forward- looking statements, whether
as a result of new information, future events, or otherwise. DATASOURCE: LMS MEDICAL SYSTEMS INC.
CONTACT: Andrea Miller, Communications, LMS Medical Systems Inc., (514) 488-3461 Ext. 222, Fax: (514) 488-1880, , http://www.lmsmedical.com/; Thaddeus Woosley, Aon Corporation, (312) 381-2446, , http://www.aon.com/
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