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Respiratory Motion, Inc. Awarded National Group Breakthrough Technologies Purchasing Contract by Premier

September 19, 2018

WALTHAM, Mass.--(BUSINESS WIRE)--Sep 19, 2018--Respiratory Motion, Inc. is announcing the award of a group purchasing agreement as a Breakthrough Technology with Premier Inc., a leading healthcare improvement company. Premier unites an alliance of approximately 4,000 U.S. hospitals and 165,000 other providers who will now have direct access to Respiratory Motion’s ExSpironTM, the first and only Minute Ventilation Monitor for all patients. The new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier. In response to increasing pressure to improve the safety of patients, especially those requiring opioids, hospitals have sought solutions to meet this growing need. Deemed by Premier to be a significant advancement in monitoring patients’ breathing, the ExSpiron was approved through Premier’s Technology Breakthroughs program to give members immediate access to this technology without waiting for the next contracted supplier competitive bidding cycle.

“We are gratified that the ExSpiron has been selected as one of Premier’s Technology Breakthrough products,” said Dr. Jenny Freeman, Founder and CEO of Respiratory Motion CEO. “We developed the ExSpiron to improve patient safety in a cost-effective manner and are anxious to work with the Premier team to make this major advance in healthcare available to the large number of hospitals in the Premier network.”

The ExSpiron measures Minute Ventilation, which is the earliest indicator of insufficient breathing. Respiratory failure can occur anywhere in the hospital and early detection can often mean the difference between life and death. The ExSpiron is the first and only respiratory monitor capable of providing continuous, non-­‐invasive measurements of Minute Ventilation for all patients throughout the hospital. The ExSpiron provides the most direct measure of respiration and the earliest warning of changes in respiratory status.

Premier is a leading healthcare improvement company, uniting an alliance of approximately 4,000 U.S. hospitals and 165,000 other providers to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, Premier enables better care and outcomes at a lower cost.

About Respiratory Motion, Inc.

Respiratory Motion, Inc., headquartered in Waltham, MA., is the global leader in innovative Minute Ventilation Monitoring, useful across a wide variety of patient populations and environments. Our mission is to improve the quality and experience of care and reduce costs by providing continuous, accurate, real-‐time, non-‐invasive respiratory monitoring wherever care is delivered. Respiratory Motion has developed the ExSpiron to be the defining product that sets the standard for respiratory monitoring of anyone, anytime, anywhere. www.respiratorymotion.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20180919005138/en/

CONTACT: Respiratory Motion, Inc.

Christie Rose, 310-435-2896

Christie.rose@respiratorymotion.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY HOSPITALS MEDICAL DEVICES OTHER HEALTH GENERAL HEALTH MANAGED CARE

SOURCE: Respiratory Motion, Inc.

Copyright Business Wire 2018.

PUB: 09/19/2018 08:00 AM/DISC: 09/19/2018 08:01 AM

http://www.businesswire.com/news/home/20180919005138/en

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