Wednesday, April 4, 2012
The Pennsylvania Orthopaedic Society (POS) acknowledged the findings of a Pennsylvania Health Care Cost Containment Council (PHC4) report released today.
Harrisburg, PA, April 04, 2012 - The Pennsylvania Orthopaedic Society (POS) acknowledged the findings of a Pennsylvania Health Care Cost Containment Council (PHC4) report released today. Information contained in the report, Orthopedic Surgery in Pennsylvania: Total Joint Replacement and Common Spine Procedures, indicates Pennsylvania has followed the national trend of increased joint replacement procedures and spinal fusion.
Total joint replacements are among the most commonly performed and clinically successful surgical procedures in the United States. Typical reasons for these joint replacement procedures are pain and decreased quality of life from osteoarthritis. “The Centers for Disease Control and Prevention (CDC) estimate that by 2030 the demand for total hip replacements will increase 175% and the demand for total knee replacements is projected to grow six fold”, stated POS President Greg Gallant, MD MBA. “The PHC4 data shows that Pennsylvania has a mature and active senior population who want to stay in the game. The Baby Boom generation has broken down many barriers and they are now conquering a sedentary old age. Advancing orthopedic technology will help pave the way to meet the need predicted by the CDC and demanded by Pennsylvania’s aging citizens.” New research presented at the 2012 Annual Meeting of the American Academy of Orthopaedic Surgeons (AAOS) found that more than 4.5 million Americans are living with a total knee replacement (TKR), as the number of TKR surgeries has more than doubled over the past decade.
Joint replacement rates in Pennsylvania, according to the PHC4 report, are slightly higher than the national average. “The slight increase in this statistic is indicated by the Commonwealth’s aging population the percentage of citizens over the age of 65”, Gallant indicated, “according to 2010 national census data, Pennsylvania ranks 4th in the United States by percentage of population age 65 and older . The prevalence of osteoarthritis in an aging population is a significant contributor to the growing demand for joint replacement procedures.”
The PHC4 data also shows that Pennsylvania is in line with national trends in regard to common spine procedures.
“An increase in demand for procedures comes with a price, however,” said Gallant. “POS members are taking active steps to reduce hospital costs while simultaneously improving patient care. One of which is the development of a national joint registry. “ The American Joint Replacement Registry is designed to collect data from hospitals around the country in order to recognize patterns in implant performance. “Improved information on device and treatment effectiveness provides the opportunity to reduce revision rates, reduce complication rates, and improved device selection to maximize longevity and function; the intent is that the registry will bring both improved patient safety and a significant cost reduction.”
Restoring patient quality of life and maintaining patient safety are paramount in all total joint procedures. Surgeons and hospitals have taken steps to prevent infection and other complications which may result from these surgeries. “Surgeons are partnering with hospitals to implement cost effective patient centered care. Programs such as patient post-operative planning help increase mobility and improve outcomes,” said Gallant.
POS is a professional medical specialty organization representing over 1000 orthopaedic surgeons across Pennsylvania in advocating for excellence in the practice of orthopaedic medicine. For more information on the importance of bone, joint and muscle health at every age, visit the POS website at www.paorthosociety.org
PA Orthopaedic Society
510 North Third Street
Harrisburg, PA 17101
First Utah Bank Introduces Kasasa, Offering Consumers a Better Banking Experience
Salt Lake City, UT, April 04, 2012 - First Utah Bank asks consumers, “Do you Kasasa?” as it becomes the first financial institution in Utah to launch the country’s most innovative financial products.
Kasasa® is a new brand of free checking and savings accounts that pays consumers to use their account with what interests them most—high interest and automatic savings. These accounts, combined with the personal service that only community financial institutions can deliver, are offering Utah residents a better checking account option than the megabank experience.
“We are pleased to be the first in Utah to offer these unique products,” said Amy Foulks, Senior Vice President at First Utah Bank. “Kasasa delivers what research shows people really want but believe they can’t have—great financial products with the personal service of a community based financial institution.”
First Utah Bank is offering two Kasasa financial products, including Kasasa Cash® and Kasasa Saver®. All Kasasa products are free, reward-based accounts, with no minimum balance to earn rewards, no monthly service fee, online banking and nationwide ATM fee refunds.
Kasasa Cash - A free checking account that earns high interest for every month the account holder qualifies.
Kasasa Saver - A free, high interest saver account linked to a Kasasa Cash checking account. The interest and ATM fee refunds earned in the Kasasa Cash account are automatically deposited into the Kasasa Saver account when the account holders qualify. The balance in the Kasasa Saver account also earns a high rate of interest.
To receive the Kasasa account benefits, each monthly qualification cycle account holders are asked to do a few simple things like, receive an eStatement, access online banking, use a debit card a minimum number of times, and have an electronic ACH payment post to and clear their account. If an account holder does not meet the qualifications in a given month, First Utah Bank will alert the individual, who will be eligible the following month to earn the benefits. There is no monthly service fee charged if the qualifications are not met, in fact, the account still earns a base interest rate.
“Extensive research has shown us that consumers would prefer to do business with community financial institutions, but feel they would lose access to products,” continued Foulks. “Kasasa is opening people’s eyes to a new banking model where no sacrifices are necessary. It’s a win-win because account holders get innovative products and personalized service.”
Kasasa is being introduced with an aggressive, highly engaging marketing campaign. It comes to life through a fresh mix of eye-popping advertising, the likes of which exceed the typical megabank’s high-budget programs. The broadcast media features America’s top slam poets www.kasasa.com/news-and-media/advertising riffing lyrical threads around the theme of “Do you Kasasa?”
Kasasa is distributed to First Utah Bank from BancVue, the leading provider of innovative products, dynamic marketing, and data-driven consulting solutions to community financial institutions nationwide to help them win the war against the megabanks.
For more information on Kasasa accounts, consumers can visit www.firstutahbank.org or www.kasasa.com/firstutahbank.
Do you Kasasa?
Kasasa® is the first national brand of the most innovative checking accounts available today. The accounts, offered exclusively by the finest community financial institutions, are designed to be the first and only accounts that actually take an interest in their account holders by paying them to use their account with what interests them most—high interest, cash back, automatic savings, money to donate to charity or iTunes® or Amazon.com® downloads. Kasasa, developed and distributed by BancVue, marries innovative banking products with the personal touch of community financial institutions. For more information, visit www.kasasa.com.
3225 East 2nd Avenue
Denver, CO 80206