Wednesday, November 26, 2008

Here are the latest product-related developments in the eldercare marketplace, from McKnight's


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• THE LATEST BUZZ

To your e-health

July 23, 2008

Like many organizations looking to trim costs, the federal government is adjusting the way it pays for medications. In a teleconference with reporters earlier this week, officials from the Department of Health and Human Services announced new incentives to promote greater use of e-prescribing. The Medicare program alone could save more than $150 million over five years by making the switch, they noted.
 

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• NEW IN THE MARKET

Hanging around

July 23, 2008

Levolor Window Fashions has launched of an all-new custom drapery collection. The collection features 105 fabrics, including traditional, eclectic, casual and contemporary patterns and designs.
 

Special handling

July 23, 2008

EPS, in conjunction with hospital pharmacists and nurses, has developed four new piggyback-adhesive high alert labels. These labels call attention to medication requiring special handling, both in the pharmacy and directly at the resident's bedside. The labels are large enough for instant recognition yet won't occlude the manufacturer's labeling information.
 

Bit player

July 23, 2008

Snap-on Tools' new MG725 half-inch drive impact wrench delivers 1,190 foot-pounds of bolt breakaway torque. The product is an extremely durable, lightweight and balanced unit that minimizes vibration. This allows for superior control with less user fatigue, according to the firm.
 

• NEWSMAKERS

Stanley Works finishes Sonitrol and Xmark acquisitions

July 23, 2008

The Stanley Works announced that it has completed its previously announced purchases of Sonitrol ($276 million) and Xmark ($45 million). Sonitrol makes security monitoring services, access control and fire detection systems. Xmark develops, markets and sells RFID-based systems.
 

Jeron feature leads to better room prep

July 23, 2008

Jeron Electronic Systems has added a housekeeping/room ready feature to its nurse call system. The feature will improve interdepartartmental communication while reducing the time residents must wait for an open room, the company notes.
 

3M teams with Greystone Pharmaceuticals

July 23, 2008

3M Health Care and Greystone Pharmaceuticals announced they have entered into a licensing
 

Moore joins Red Capital Group

July 23, 2008

Scott L. Moore joined Red Capital group as a managing director of Red Mortgage Capital. The firm is one of the nation's leading FHA Fannie Mae delegated underwriting and servicing lenders.
 



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