September 20, 2007
CMS to Stop Reimbursement for Hospital Acquired Pressure Ulcers
Longport, Inc. (OTC PK: LPTI), a medical technology specialist in high-frequency high resolution ultrasound imaging, today commented on rule changes by the federal Centers for Medicare and Medicaid Services (CMS), which includes CMS stopping reimbursement for hospital-acquired pressure ulcers starting October, 2008. This change was announced last month by CMS as part of an update to the hospital inpatient prospective payment system (IPPS).
These changes have been widely reported in the media, with the Wall Street Journal on September 5, 2007 stating in an article entitled "Hospitals Combat Dangerous Bedsores", that hospitals are now putting in place new programs to prevent pressure ulcers.
Longport's EPISCAN is able to detect changes in tissue structure characteristic of developing pressure ulcers, when often no visual signs are yet apparent. This capability can be used to better document a patient's condition on admission to a facility. When abnormalities are seen, the scanner enables targeted intervention to be instigated earlier. Such early intervention can often prevent the development of open pressure ulcers.
The pre-mentioned Wall Street Journal article also states that 60,000 deaths a year are caused by hospital-acquired pressure ulcers, which inflict about 2.5 million people per year and that the cost of treating all pressure ulcers in the U.S. is up to $11 billion a year.
Further details on this CMS rule change, related articles, and other recent developments can be viewed at the News section of Longport's WEB site: http://www.longportinc.com/about/news.html
About Longport, Inc.
Longport, Inc. of Glen Mills, Pennsylvania, is a medical technology company that specializes in high resolution ultrasound imaging. After several years and a multi-million dollar investment in the technology, Longport has secured patents, copyrights and FDA permission to market. The Company's technology has been used to engineer a unique high resolution ultrasound imaging system. For further information please contact Longport, Inc. at 1-800-289-6863 or visit our website at www.longportinc.com.
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