Economic Study Shows Significant Cost Savings when Using Venock Device for Large Bore Venous Access Site Closure

Primarily because of patient safety, structural heart therapies have been trending more towards transcatheter venous access.  Additionally, with associated therapeutic devices becoming increasingly complex (i.e. collapsible and deployable structures), the venous access sites necessary to pass these devices are getting larger.  Some are up to and well beyond 30 Fr (10 mm).  Such large bore venous access sites (e.g. for the Leadless Pacemaker) are becoming increasingly prevalent in cathlabs in the US and EU.

Post therapy, these venous sites are typically closed using manual compression.  This process begins with an individual physically pressing the access site to attain initial blood stoppage, as shown in Figure 1.  For large bore sites, the process can take 30 and even up to 60 minutes.  Subsequently, the patient is then bedridden with a tight compression bandage (or even a sandbag) over the groin area and remains in this state for 6 to 8 hours, requiring a bladder catheter and pain medication.

This process needlessly consumes hospital personnel time, takes up hospital beds, dramatically slows down discharge, and is incredibly burdensome for the patient, typically leaving them with massive hematoma and an increased risk for blood clots.  Furthermore, because of the time taken to recover from closure, the number of therapies performed per day in the cathlab is significantly reduced, requiring patients to wait longer for their procedures.

The Venock large bore venous closure device, shown in Figure 2, is the first and only device that will singularly close large bore (>8 mm, 24 Fr) access sites in the femoral vein following a transcatheter procedure. This device provides significant time savings by attaining full closure in just one minute, removing the need for the 6 to 8 hours of bedrest, and allowing for near immediate patient ambulation which will result in significantly faster discharge.

Economic evaluation study shows enormous potential

Venock has conducted a comprehensive economic evaluation study (link to White Paper below) which demonstrates that using the Venock closure device, which can save well over 30 minutes per patient in the Cathlab, will result in cost savings of over $1,716 per procedure. In a mid-sized clinic with 2,000 patients per year this can translate to more than $3.4 million savings annually.

Additionally, reduced procedure and recovery time will increase same-day discharge, potentially saving $6,290 per patient. The economic study shows that reduction of just one day of hospital stay per case can improve the cathlab average margin from -1% to 6%, driving cathlab profitability.

Overall, the Venock device will allow for more efficient Cathlab capacity utilization and higher patient turnover, while drastically saving time and cost during recovery.

Hot this week

Cartessa Aesthetics Partners with Classys to Bring EVERESSE to the U.S. Market

Classys, which is listed on the KOSDAQ, is one of South Korea's most distinguished aesthetic technology manufacturers, with devices distributed in 80+ markets globally. This partnership marks Classys's official entry into the American marketplace, with Cartessa Aesthetics as the exclusive distributor for EVERESSE, launched under the Volnewmer brand in current global markets.

Stryker Launches Next-Generation of SurgiCount+

Now integrated with Stryker's Triton technology, SurgiCount+ addresses two key challenges: retained surgical sponges and blood loss assessment. Integrating these previously separate digital solutions provides the added benefit of a more efficient, streamlined workflow for hospitals notes Stryker.

Nevro Receives CE Mark In Europe for It’s HFX iQ™ Spinal Cord Stimulation System

Nevro notes HFX iQ is the first and only SCS system with artificial intelligence (AI) technology that combines high-frequency (10 kHz) therapy built on landmark evidence that uses ongoing cloud data insights to deliver personalized pain relief

Recor Medical Reports: CMS Grants Distinct TPT Device Code and Category to Recor Medical for Ultrasound Renal Denervation

The approval of TPT offers incremental reimbursement payments for outpatient procedures performed with ultrasound renal denervation for Medicare fee-for-service beneficiaries. It becomes effective January 1, 2025, and is expected to remain effective for up to three years notes Recor Medical.

Jupiter Endovascular Reports | 1st U.S. Patient Treated with Jupiter Shape-shifting Thrombectomy Device

“Navigation challenges during endovascular procedures are often underappreciated and have led to under-adoption of life-saving procedures, such as pulmonary embolectomy. We have purpose-built our Endoportal Control technology to solve these issues and make important endovascular procedures accessible to more clinicians and their patients who can benefit from them,” said Carl J. St. Bernard, Jupiter Endovascular CEO. “This first case in the U.S. could not have gone better, and appears to validate the safety and performance we are seeing in our currently-enrolling European SPIRARE I study.”