Fresenius Medical Care Asia Pacific Receives Prestigious ACHS Global Quality Improvement Award

Rhea-AI Summary

Fresenius Medical Care has been awarded the ACHS Global Quality Improvement Award for its WeAudit program, enhancing patient care in 290 dialysis clinics across 10 Asia Pacific markets. The program effectively replaced manual audits with an electronic system, improving compliance and quality of care. Following a successful pilot in Singapore, WeAudit has streamlined data collection and reporting using hand-held devices, allowing for real-time monitoring and strategic planning. This recognition underscores the company's commitment to patient-centered care.

Positive

• Recognition from ACHS for the WeAudit program enhances brand reputation.
• Implementation of WeAudit improves compliance and quality of care in 290 clinics.
• The program allows for strategic planning and operational efficiencies.

Negative

• None.

‘WeAudit’ program recognized for excellence and innovation in enhancing patient care

HONG KONG--(BUSINESS WIRE)-- Fresenius Medical Care, the world’s leading provider of products and services for individuals with renal diseases, was presented with the prestigious Australian Council for Healthcare Standards (ACHS) Global Quality Improvement Award at a virtual ceremony held on Thursday 25 November. The award was given for the organization’s successful implementation of an electronic auditing program across 290 of its dialysis clinics in 10 markets across Asia Pacific. Called ‘WeAudit’, the electronic auditing program, consisting of a web-based database and application (app), have led to ongoing improvements to safety and services for patients and staff in the region.

The ACHS Global Quality Improvement Award recognizes organizations that use Australian healthcare standards to strengthen quality improvement frameworks internationally. This year, there were two joint winners of the award: Fresenius Medical Care Asia Pacific for their WeAudit program, and Hong Kong Baptist Hospital for their COVID-19 response submission.

Following the success of a 3-month pilot program in Singapore, the WeAudit program was initiated in further nine markets over a 2-year period, where it has replaced time- and labor-intensive manual quality audits with electronic audits that are undertaken and uploaded from a hand-held device.

Using the new program, each dialysis clinic in the region is provided with a hand-held tablet where the WeAudit app is downloaded. The app is then used to upload audit tools from the WeAudit database. Once uploaded to the app on the tablet, a credentialed staff member undertakes the audit on the device, with every dialysis center completing their audit simultaneously. The content created through the app audits is fed back into the database, which converts the data into reports and graphs, depicting the compliance achievements for each clinic. The program drives compliance and quality, as standards are monitored at every clinic for every activity audited.

The project has allowed service gaps to be identified while monitoring compliance and improving the quality of care for patients. Designed to meet the specific needs of individual markets and with multi-language support, WeAudit allows data to be more accessible, accurate, and timely.

The program goes beyond simple auditing functions, providing the opportunity for data to be used for strategic planning, guiding business objectives such as appropriate healthcare and financial planning to priority areas. It has also recognized areas of conformity and strength within the organization’s services, leading to best practice sharing across countries, which has led to safer and improved services for patients and staff.

Mr. Harry de Wit, President & CEO of Fresenius Medical Asia Pacific, said that the ACHS’ recognition of WeAudit is testament to the dedications and efforts of Fresenius Medical Care Asia Pacific to apply international clinical quality principles across its vast network of dialysis centers in the region whilst remaining culturally sensitive. “I would like to thank everyone who has made this award possible, including the clinics and clinical team members who have worked tirelessly to successfully implement the program. This award demonstrates our organization’s commitment to continuous quality improvement and putting our patients at the center of everything we do – ultimately helping them to lead more active and productive lives”.

ABOUT THE AUSTRALIAN COUNCIL FOR HEALTHCARE STANDARDS (ACHS) QUALITY IMPROVEMENT AWARDS

The ACHS Quality Improvement (QI) Awards acknowledge healthcare organizations that achieve excellence and innovation in clinical care, organization-wide practice, service delivery, and performance measurement. The QI Awards provide an opportunity to promote innovation by recognizing organizations that place patients at the center of care.

ABOUT FRESENIUS MEDICAL CARE

Fresenius Medical Care is the world's leading provider of products and services for individuals with renal diseases of which around 3.7 million patients worldwide regularly undergo dialysis treatment. Through its network of 4,151 dialysis clinics, Fresenius Medical Care provides dialysis treatments for approximately 345,000 patients around the globe. Fresenius Medical Care is also the leading provider of dialysis products such as dialysis machines or dialyzers. Along with its core business, the Renal Care Continuum, the Company focuses on expanding in complementary areas and in the field of critical care. Fresenius Medical Care is listed on the Frankfurt Stock Exchange (FME) and on the New York Stock Exchange (FMS).

For more information, please visit the company’s website: www.freseniusmedicalcare.asia

DISCLAIMER

This release may contain forward-looking statements that are subject to various risks and uncertainties. Actual results could differ materially from those described in these forward-looking statements due to various factors, including, but not limited to, changes in business, economic and competitive conditions, legal changes, regulatory approvals, impacts related to the COVID-19 pandemic results of clinical studies, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. These and other risks and uncertainties are detailed in Fresenius Medical Care AG & Co. KGaA's reports filed with the U.S. Securities and Exchange Commission. Fresenius Medical Care AG & Co. KGaA does not undertake any responsibility to update the forward-looking statements in this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211221005812/en/

Media

Dr. Alexandra Villar

Vice President

Corporate Communications and Branding

Asia Pacific

Fresenius Medical Care

51/F, Sun Hung Kai Centre, 30 Harbour Road

Wanchai, Hong Kong

www.freseniusmedicalcare.asia

T +61 2 9466 8020

Alexandra.Villar@fmc-asia.com

Source: Fresenius Medical Care

FAQ

What is the WeAudit program by Fresenius Medical Care?

The WeAudit program is an electronic auditing system implemented in 290 dialysis clinics across Asia Pacific, replacing manual audits to improve patient care and compliance.

When was the ACHS Global Quality Improvement Award presented to Fresenius Medical Care?

Fresenius Medical Care received the ACHS Global Quality Improvement Award during a virtual ceremony held on November 25, 2021.

How does the WeAudit program benefit Fresenius Medical Care clinics?

The WeAudit program enhances the quality and safety of patient care by using electronic audits for compliance monitoring, improving operational efficiency in clinics.

Which markets are involved in the WeAudit program?

The WeAudit program has been implemented across 10 markets in the Asia Pacific region following its pilot in Singapore.

What is the stock symbol for Fresenius Medical Care?

Fresenius Medical Care is traded under the stock symbol FMS on the Frankfurt Stock Exchange and FSMEM on OTC Pink.