help us grow       

Many opportunities exist within the neonatal market

22,000+

NICU beds at US hospitals

$18 billion

annual US newborn inpatient hospital cost

2.2%

of all FDA approvals indicated for neonate/infant populations

Inspiriva Health exists to pursue these opportunities and to breathe life into innovations that tackle challenging clinical needs.

Healthcare Costs
  • Global healthcare spending could reach over $10 trillion by 2022.1
  • US healthcare expenditures represents 17.8% of GDP.1
  • The “affordable care” quality measure has not improved over the past 20 years.2
  • Newborns represent nearly 40% of all pediatric inpatient hospital costs.3
  • Complex medical conditions occur in .55% of children, but account for 24% of all pediatric healthcare costs.4
Clinical Effectiveness
  • Maternal health is the #2 patient safety concern for healthcare organizations in 2020.5
  • Personnel shortages, patient safety and quality are two of the top 10 hospital issues.6
Unmet Patient Needs
  • The incidence of Neonatal Abstinence Syndrome (NAS) has more than tripled in the past decade.7
  • Neonatal hyperbilirubinemia occurs in approximately 60% of otherwise healthy newborn infants leading to significant hospitalizations.8
  • Less than 25% of all FDA medical device approvals are indicated for pediatric populations.9
  • The gap between pediatric and non-pediatric FDA approvals only widened over the past decade.9
  • Within the pediatric-indicated FDA approvals, only about 9% were indicated for use in neonates and infants.9

1  The State of Healthcare Industry – Statistics for 2021, policyadvice.net/insurance/insights/healthcare-statistics/

2 Agency for Healthcare Research & Quality’s 2018 National Healthcare Quality and Disparities Report

3 Agency for Healthcare Research & Quality HCUP STATISTICAL BRIEF #250, Costs of Pediatric Hospital Stays

4 Children with Complex Medical Conditions: an Under-Recognized Driver of the Pediatric Cost Crisis, Curr Treat Options Peds (2016) 2:289–295

5 ECRI Institute’s Top 10 patient safety concerns for healthcare organizations in 2020

6 How 100+ healthcare executives ranked 10 industry challenges, www.beckershospitalreview.com/hospital-management-administration/how-100-healthcare-executives-ranked-10-industry-challenges.html

7 Agency for Healthcare Research & Quality HCUP Fast Stats – Neonatal Abstinence Syndrome (NAS) Among Newborn Hospitalizations

8 Sarici SU, Serdar MA, Korkmaz A, et al. Incidence, course, and prediction of hyperbilirubinemia in near-term and term newborns. Pediatrics. 2004;113:775–80

9 FDA Annual Report – Premarket Approval of Pediatric Uses of Devices FY 2017