Thursday, January 2, 2014

Is there a business model for patient safety?

The report that Patient Safety Technologies was bought for $120 mln. might be a sign that the business market believe that there is a business model for patient safety. Patient Safety Technologies claim to fame is a $10 per surgery bar coding technology (THE SURGICOUNT SAFETY-SPONGE® SYSTEM) that aims to reduce the incidence of sponges left in the body after surgery.

(Image source Stryker website)