Venetec Announces Contract With Adventist Health

March 31, 2005

Venetec International, maker of the StatLock safety securement devices for catheters and other medical applications, has signed a sole-source agreement to supply Adventist Health System with catheter securement devices in intravenous (IV) start kits for peripheral IVs.

The agreement is one of the largest signed between Venetec and a healthcare system. Adventist Health System has committed to purchase StatLock IV Ultra and StatLock IV Select product line devices, to help achieve the hospital system's protocol of a 96-hour dwell period for peripheral IV catheters.

Adventist Health has 38 hospitals in 10 states covering more than 6,200 beds. Adventist Health's decision to contract with Venetec followed a clinical trial at Florida Hospital in which StatLock significantly reduced catheter-related complications and costly unscheduled restarts, compared to the traditional use of tape to secure catheters. A competing product was also evaluated by the health system prior to the decision to adopt StatLock as standard of care for securement of peripheral IVs.