Fresenius' New Dialysis Offering - Analyst Blog
July 15 2011 - 10:30AM
Zacks
Fresenius Medical
Care (FMS), the largest provider of dialysis products and
services on the planet, recently revealed that patients and doctors
in Detroit, Michigan, now have access to the most sophisticated
dialysis treatment. The Germany-based company has introduced its
latest 2008T treatment platform at the Fresenius Medical Care
dialysis facility in East Detroit.
The introduction of the 2008T
therapy machines follows the company’s commitment to
UltraCare,
which aims at providing patients with quality care through
sound programs, latest know-how, superior customer care and
constant quality enhancement. The 2008T has approval for
usage in North America. Fresenius produces and distributes all
hemodialysis delivery equipment, including the 2008T, from its
plant in Walnut Creek, California.
As per the National Kidney
Foundation of Michigan, chronic kidney disease afflicts over
940,000 adults in Michigan. Approximately, 12,000 residents in the
state currently receive dialysis for kidney failure. With rising
prevalence of both hypertension and diabetes,
two causes of chronic kidney disease, more and more residents of
Michigan would be needing dialysis/kidney transplant.
With the 2008T, Fresenius has
combined a sophisticated hemodialysis delivery system with Clinical
Data Exchange, thereby, for the first time, granting medical
practitioners ready access to the facility’s medical data system
and patient data. This facilitates rapid modifications to
treatment.
Such an integrated methodology
permits better management of data, thereby saving time on
administrative work so that care givers can better
concentrate on patient care. In addition, the 2008T cuts down on
the risk associated with cross-contamination of dialysis
equipment.
Launched at the American Society of
Nephrology’s 43rd Annual Meeting and Scientific Exposition in
Denver in November 2010, the 2008T is the first completely
integrated therapy and management data system. It was created
through collaboration with the Renal Research Institute (a
prominent research institution dedicated to improving clinical care
and quality of life of kidney patients).
The system’s in-built Clinical Data
Exchange mechanism is meant to cater to a variety of MIS systems
and aid physicians come to grips with the new bundled payment
mechanism that went into effect in January 2011.
Fresenius operates a network of
almost 2,700 dialysis clinics across North America and overseas
markets to provide dialysis treatment to 215,000 patients
worldwide. Dialysis treatment is required by victims of chronic
kidney failure, a condition that affects over 2 million people
globally each year. Fresenius’ principal competitor in the U.S. is
DaVita Inc. (DVA), which provides dialysis
services for patients suffering from chronic kidney failure or
end-stage renal disease.
DAVITA INC (DVA): Free Stock Analysis Report
FRESENIUS MED (FMS): Free Stock Analysis Report
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