news on its way, page-50

Original research report available here:

http://www.analyticamedical.com/downloads/2011/20111130-WiseOwl-Analytica.pdf

I imagine this company update will shed some light on the potential contracts at the moment, and reiterate the huge safety, time and cost saving features of the products.

A bit of a recap:-

The AutoStart® feature frees up to 20 minutes of nursing time per patient, per medication event. Average nurse wages in Australia are $45 per hour. As each patient may be medicated three times per day, the savings per burette may be up to $45/day, or seven times the cost of a standard burette ($6) to the hospital.

Additional flushing syringes or ampules are therefore not required, saving an estimated $2.50 per medication event. This may save 6-8 ampoules, or $18 per day. The AutoFlush is anticipated to retail for much less than the cost of the medication event, potentially saving the hospital in excess of 6-8 times the cost of the device

So their latest Autostart Burette that is fitted with the Autoflush feature can save the hospital huge amounts in both labor and equipment costs, up to $63.