This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Publication Reports Clinical Utility Of BGM Galectin-3(R) Test For Prediction Of Near-Term Rehospitalization In Patients With Heart Failure

WALTHAM, Mass., March 25, 2014 (GLOBE NEWSWIRE) -- BG Medicine, Inc. (Nasdaq:BGMD) announced today the publication of results, in the American Heart Journal, of an analysis of aggregated data from three large, multicenter clinical research trials in the United States and Europe. The trials included a total of 902 heart failure patients and demonstrated that elevations of galectin-3 levels in blood, as measured using the BGM Galectin-3® Test, were significantly predictive of rehospitalization for heart failure as early as within the first 30 days following discharge from an initial hospital stay. [1]

The authors reported that heart failure patients with elevations in their galectin-3 levels at the time of their hospitalization were re-admitted within 30 days at nearly three times the rate of patients without galectin-3 elevation (risk ratio of 2.80 at 30 days, P-value of 0.003). The increased risk conferred by elevations in galectin-3 was seen to persist at 60, 90 and 120 days in the study. Galectin-3 testing correctly identified markedly higher risk among between one-fifth to one-third of all patients who, based on conventional risk assessment, were placed into a low risk category at the time of their initial hospital discharge but who, nonetheless, went on to be rehospitalized or suffer a fatal event (net reclassification improvement statistic value of +42.6% at 30 days, P-value < 0.001).

In the United States, the annual cost to Medicare of hospital readmissions within 30 days of discharge has been estimated to exceed $17 billion. [2] The leading cause of hospital readmissions among Medicare beneficiaries is heart failure related complications. [2] The recently enacted Affordable Care Act required the Centers for Medicare and Medicaid to implement penalty-based reductions in payments to hospitals with excessive rates of readmissions within 30 days of hospital discharge. The Medicare Payment Advisory Commission has concluded that approximately three-quarters of these hospital readmissions are potentially preventable. [3]

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 -1.15%
FB $117.58 0.73%
GOOG $693.01 0.29%
TSLA $240.76 -2.81%
YHOO $36.60 0.03%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs