August 21, 2014 7:42 PM ET

Healthcare Equipment and Supplies

Company Overview of SurgiCount Medical, Inc.

Company Overview

SurgiCount Medical, Inc. provides a solution to improve patient safety by helping eliminate a common error in surgery, retained surgical sponges. It offers Safety-Sponge system, which is comprised of SurgiCounter, a small mobile computer and scanning device that displays the number of each type of safety-sponge that has been counted in, the number that has been counted out, and the number left or remaining sponges (individual sponge or sponges of a certain type) to be accounted for; Safety-Sponge line of disposable products, including a line of X-ray detectable gauze sponges, laps, and towels of various shapes, sizes, and ply's; and SurgiCount360, a software application that provides a post-...

2 Venture

Suite 350

Irvine, CA 92618

United States

Founded in 1994

Phone:

949-387-2277

Fax:

949-387-8499

Key Executives for SurgiCount Medical, Inc.

Chief Executive Officer and President
Age: 42
Chief Financial Officer and Vice President of Finance
Age: 57
Director of Investor Relations
Vice President of Clinical Development & Education
Vice President of Product Management
Compensation as of Fiscal Year 2014.

SurgiCount Medical, Inc. Key Developments

SurgiCount Medical Announces New 3-Year Agreement with Novation

SurgiCount Medical, Inc. announced it has been awarded an Innovative Technology agreement by Novation, the leading healthcare supply chain expertise, analytics and contracting company for the more than 65,000 members of VHA, UHC, Children's Hospital Association and Provista, LLC. The agreement recognizes the innovation and clinical advancements provided by SurgiCount's market leading retained sponge prevention solution, the Safety-Sponge(R) System, and provides the members Novation serves with special pricing and other pre-negotiated terms. Through its Innovative Technology Program, Novation works with member-led councils and task forces to identify and review new or innovative technology that provides an incremental clinical benefit over existing products. The goal of the Innovative Technology Program is to work with members to identify innovative technology that improves patient care or reduces the risk of harm to patients or providers, while simultaneously raising the standard of patient care and safety. The three-year contract will begin on September 15th, 2013.

SurgiCount Medical, Inc. Announces Purchasing Agreement with GNYHA Services, Inc

SurgiCount Medical, Inc. announced it has signed an agreement with GNYHA Services, Inc. to provide the SurgiCount Safety-Sponge(R) System to its health system members. The agreement provides terms under which GNYHA Services members have access to the Safety-Sponge(R) System for those who select to implement the solution for their retained sponge prevention strategy.

Ketchikan Medical Center Implements SurgiCount Medical, Inc.'s The SurgiCount Safety-Sponge System

SurgiCount Medical, Inc. announced that Ketchikan Medical Center in Ketchikan, Alaska will become the first hospital in the PeaceHealth system to implement the SurgiCount Safety-Sponge System. PeaceHealth plans to put the SurgiCount system in place in each of its hospitals over the coming months. Although a number of other hospitals in the northwest are now using the system, PeaceHealth will be the first in the region to implement the technology system-wide in all of its hospitals.

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