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American Red Cross Expands Agreement for Strategic Blood Management(TM) Services from Strategic Healthcare Group LLC

Thursday, October 16, 2008 General News
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INDIANAPOLIS, Oct. 15 Strategic Healthcare GroupLLC announced today a significant expansion in its agreement with the AmericanRed Cross to provide Strategic Blood Management(TM) consultation services toover 100 American Red Cross client hospitals across the United States. Thisbroadened agreement follows highly successful Strategic Blood Management(TM)program implementations at the University of Alabama Birmingham Hospital andBaptist Hospital in Pensacola, Florida. "We are very pleased to further ourrelationship with Strategic Healthcare Group," said Scott Buker, Director ofNational Accounts, Biomedical Services, American Red Cross. "Their StrategicBlood Management(TM) system brings tremendous value to hospital clients of theAmerican Red Cross by promoting the appropriate use of blood products. Ashospitals use blood more wisely they benefit from more efficient operations aswell as improved care and patient safety. Strategic Healthcare Group hasbecome an important partner in our ongoing efforts to promote appropriateblood use."
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"We are very appreciative that the American Red Cross has chosen us astheir partner to help promote the optimal use of blood," said Timothy Hannon,MD, MBA, President and CEO of Strategic Healthcare Group. "The changinghealthcare environment is forcing every hospital in the country thattransfuses patients to do its best to manage blood use. Our Strategic BloodManagement(TM) system is an evidence-based, data-driven, and systems-orientedapproach with a proven track record for hospitals and hospital systems ofvarying size and complexity."
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According to Dr. Richard Benjamin, Chief Medical Officer of the AmericanRed Cross Biomedical Services, evidence-based utilization of blood products isessential to the organization's mission as a steward of the nation's bloodsupply. "Strategic Blood Management(TM) focuses on the appropriateutilization of blood products, which the American Red Cross strongly supports.This approach is consistent with our mission to provide the best possibleservice to our client hospitals and optimal outcomes for their patients."

Rising blood costs, intermittent blood shortages and quality of careconcerns are encouraging blood centers and hospitals to find more efficientways to manage blood products. The Strategic Blood Management(TM) systemconsists of a suite of products that helps hospitals improve blood utilizationwhile reducing the cost of care. The Strategic Blood Management(TM) systemincludes BloodStat(TM) blood utilization benchmarking reports, Strategic BloodManagement(TM) program implementation and support services, and the BloodeManagement(TM) learning suite.

About Strategic Healthcare Group LLC

Strategic Healthcare Group is the leading provider of blood managementproducts and solutions, partnering with the U.S. blood collection industry andforward thinking healthcare systems. Hospitals using the Strategic BloodManagement(TM) system have reported reductions in blood utilization from 11%to 37% with cumulative cost savings in excess of $50 million through thereduction in unnecessary transfusions while improving patient care andincreasing patient safety.

For further information see http://www.bloodmanagement.com/

SOURCE Strategic Healthcare Group LLC
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