Re-imagining the peripheral intravenous catheter (PIV)
SkyDance has fundamentally re-imagined the PIV design with the goal of reducing contamination, improving safety, and extending catheter dwell times.
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Full opinions available upon request.
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An average hospital stay of 5 days will typically require 6 catheters with 3 start kits, costing the hospital an average of $31.50. SkyDance expects it will be able to reduce the cost down to $12.95 by the use of a single Osprey and start kit, saving the healthcare system $18.55 per stay.
In addition, PIV bloodstream infections which cause extended treatments cost a non-reimbersed average of $30,000 per incident. The healthcare facility must absorb these costs at an annual U.S. run-rate of $14B.
The full Health Economics Outcomes Research Report, including footnotes, is available to download here.