Aon and LMS Launch Risk Management Initiative in Obstetrics
19 Aprile 2005 - 4:01PM
PR Newswire (US)
Aon and LMS Launch Risk Management Initiative in Obstetrics
CHICAGO, April 19 /PRNewswire-FirstCall/ -- Aon Risk Services, a
subsidiary of Aon Corporation (NYSE:AOC), today announced that it
has entered into an agreement with LMS Medical Systems (AMEX:LMZ)
Toronto, a healthcare technology company and developer of the
CALM(TM) system (Computer Assisted Labor Management), to assist
hospitals to improve their risk management profile in obstetrics.
(Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO )
Obstetrics is well recognized as a highly complex specialty where
medical professionals are required to make repeated timely and
precise interpretation of changing physiological markers for both
mother and baby as labor evolves. Failing to identify and or
respond to any number of factors during labor and delivery can
negatively impact outcomes. In addition, the absence of
standardization of interpretation and care has led to the current
overuse, under-use and misuse of clinical resources and
interventions, all of which have placed a significant financial
burden on medical staff and payors alike. Over the past decade,
obstetrics has become one of the most litigated areas in healthcare
in the United States and elsewhere. It is therefore no surprise
that hospitals, clinicians and risk managers are looking to improve
outcomes, increase patient safety and enhance their overall risk
profile. Aon Healthcare works with health care facilities across
the United States to help them maximize their "return on risk" by
analyzing their risk profiles, providing front-end tools and
delivering process-driven products that support better access and
affordability of insurance for institutions and practitioners
alike. Given the often-direct correlation between the quality of
medicine in an organization and the cost of risk, providers can no
longer afford to treat the two as unrelated. "Many providers are
looking for ways to build risk reduction strategies that will yield
improved actuarial loss projections," said Matthew Rice, a vice
president with Aon Healthcare. "This is possible with the
collaboration of forward-thinking underwriters, innovative product
and service providers who structure their offering with both
quality and risk in mind, and internal and external data. Together
with LMS, Aon can bring innovative risk reduction solutions to
obstetrical providers." LMS specializes in risk management tools
for obstetrics. These tools analyze the dynamics of physiological
indicators during childbirth for mother and baby. CALM Curve
provides for the consistent and objective assessment of the
progress of labor. Better labor assessment may lead to a more
timely and appropriate use of cesarean sections. CALM Patterns
provides objective, real-time detection, classification and
labeling of fetal heart rate patterns. Better assessment of fetal
distress may reduce the incidence and severity of birth related
brain damage. "LMS tools provide insight that will help clinical
teams make the right decisions for their patients at the right time
for the right reasons," said Diane Cote, CEO of LMS. "This
initiative with Aon provides a platform for healthcare facilities,
their physicians, nurses, risk managers and insurers to work
together in support of better outcomes, improved safety and reduced
risk." About Aon Aon Corporation ( http://www.aon.com/ ) is a
leading provider of risk management services, insurance and
reinsurance brokerage, human capital and management consulting, and
specialty insurance underwriting. The company employs approximately
48,000 professionals in its 500 offices in more than 120 countries.
Backed by broad resources, industry knowledge and technical
expertise, Aon professionals help a wide range of clients develop
effective risk management and workforce productivity solutions. Aon
Healthcare is dedicated to solving business, patient outcome and
human capital risk issues for health care. Aon Healthcare
coordinates services of its national, regional and local expertise
as a seamless team. Comprehensive expertise includes medical
professional, managed care, captives, claims and risk control,
benefits design and management, compensation consulting, HR,
financial risk management, Return on Risk strategies, and change
management. About LMS LMS Medical Systems (
http://www.lmsmedical.com/ ) is a leader in the application of
advanced mathematical modeling and neural networks for medical use.
The LMS Computer Assisted Labor Management product suite provides
physicians, nursing staff and risk managers with innovative
obstetrical decision support and risk management tools integrated
into robust clinical information systems designed to improve
outcomes and patient care for mothers and their infants during
labor and delivery. For further information please contact:
Thaddeus Woosley, Aon Corporation Tel: (312) 381-2446 Email:
Website: http://www.aon.com/ Andrea Miller, Communications LMS
Medical Systems Inc. Tel: (514) 488-3461 Ext. 222 Fax: (514)
488-1880 E-mail Website: http://www.lmsmedical.com/ This press
release contains certain statements related to future results, or
states our intentions, beliefs and expectations or predictions for
the future which are forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from either historical or anticipated results depending on a
variety of factors. Potential factors that could impact results
include: general economic conditions in different countries in
which we do business around the world, changes in global equity and
fixed income markets that could affect the return on invested
assets, fluctuations in exchange and interest rates that could
influence revenue and expense, rating agency actions that could
affect our ability to borrow funds, funding of our various pension
plans, changes in the competitive environment, changes in
commercial property and casualty markets and commercial premium
rates that could impact revenues, changes in revenues and earnings
due to the elimination of contingent commissions, other
uncertainties surrounding a new compensation model, the impact of
regulatory investigations brought by state attorneys general and
state insurance regulators related to our compensation arrangements
with underwriters and related issues, the impact of class actions
and individual lawsuits including derivative actions and claims
under ERISA, the cost of resolution of other contingent liabilities
and loss contingencies, and the difference in ultimate paid claims
in our underwriting companies from actuarial estimates. Further
information concerning the Company and its business, including
factors that potentially could materially affect the Company's
financial results, is contained in the Company's filings with the
Securities and Exchange Commission.
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT:
Thaddeus Woosley of Aon Corporation, +1-312-381-2446, , or Andrea
Miller, Communications, of LMS Medical Systems Inc.,
+1-514-488-3461 Ext. 222, fax, +1-514-488-1880, Web site:
http://www.aon.com/ http://www.lmsmedical.com/
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