Wednesday, 22 August 2007

LMS Medical & Best Practices Group Align Efforts

LMS Medical Systems (LMZ - TSX / AMEX) has released news that it has struck an agreement regarding "use" of the predictive software technology for Obstetrics called CALM Shoulder Screen with Best Practices Medical Partners, LLC, (BPMP).

The Lakeland OB/GYN Group in Florida is the first group of obstetricians to be insured by a BPMP affiliate that has also gone live on the technology. BPMP provides superior clinical risk management services to organizations at risk for medical liability and "teams with physician offices who derive value by implementing best practices and technologies to improve clinical risk assessment while mitigating associated financial risks."

Florida has unfortunately been "Red Flagged" by the American College of Obstetricians and Gynecologists due to litigation and malpractice suits, which have driven annual insurance premiums to as high as $300 thousand for OB/GYNs. Understandably, costs alone make the U.S. state a tough place to practice and a less than appealing location to establish a practice.

CALM Shoulder Screen assesses the risk of occurrence of shoulder dystocia which, as noted in the news release, "...represents one of the most important causes of litigation and payouts in obstetrics. The condition occurs when the baby's shoulder gets stuck behind the mother's pubic bone during childbirth. Generally viewed in the medical community as unpredictable and unpreventable, shoulder dystocia is one of the most feared conditions that can occur during labor and delivery. Potential injuries include brachial plexus impairment, brain damage and sometimes death, with associated medical malpractice payouts ranging from $500,000 to $2 million."

To read the news release click here.