Business
Acquisition of Leaf Healthcare, Inc.
Acquisition of Leaf Healthcare, Inc..
About this update from Smith & Nephew Plc
[{"type":"text","content":"\n \nRNS Number : 5735U Smith & Nephew Plc 01 April 2019 \n\n \n \nSmith & Nephew acquires developer of unique pressure injury prevention device, Leaf Healthcare, Inc.\n1 April 2019\nSmith & Nephew plc (LSE:SN, NYSE:SNN), the global medical technology business, today announces that it has agreed to acquire Leaf Healthcare, Inc, the developer of the unique Leaf Patient Monitoring System for pressure injury prevention and patient mobility monitoring. The transaction follows Smith & Nephew's successful two-year partnership with Leaf Healthcare as an exclusive distributor and strategic investor.\nThe Leaf Patient Monitoring System is comprised of a small, lightweight, wearable sensor that wirelessly monitors a patient's position and their mobility whilst in a hospital. The tracking data is used to automate and document the compliance with prescribed turn protocols for patients at risk for pressure injuries. \nAn estimated 2.5 million pressure injuries are treated each year in US acute care facilities alone1, with an estimated annual burden of $11 billion in the United States2. National Pressure Ulcer Advisory Panel (NPUAP) guidelines recommend a prevention protocol for high-risk patients that includes prophylactic foam dressings, preventative skin care including pH balanced skin cleanser, and patient repositioning with early mobilisation3. The Leaf Patient Monitoring System together with Smith & Nephew's ALLEVYN◊ LIFE and ALLEVYN GENTLE BORDER and SECURA◊ Skin Care products provide a comprehensive portfolio to help customers achieve and optimise pressure injury prevention protocols. \nIn January 2018, an independently conducted Randomized Controlled Trial (RCT) from Stanford University evaluated optimal patient repositioning and found that the Leaf Patient Monitoring System induced a 43% relative increase in turning protocol compliance in high-risk patients. Patients treated with the Leaf sensor were 73% less likely to develop a pressure injury4. \n \"Consistent with our initial strategic investment, Smith & Nephew is focused on providing not just products to treat conditions, but also supporting clinicians with technologies designed for prevention as well as treatment, and helping healthcare facilities reduce the cost of care,\" said Simon Fraser, \nPresident of Advanced Wound ...