Market Overview

Baxter Signs Open Data Pledge to Improve Patient Safety

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The Patient
Safety Movement Foundation
(PSMF) announced today that Baxter
International Inc. (NYSE:BAX), a global medical products company, has
signed the PSMF's Open Data Pledge as the 89th company to demonstrate
the importance of data sharing to improving patient safety.

Companies that have signed the PSMF's Open Data Pledge are committed to
allowing access to the data generated by their medical devices to
anyone, including researchers, software engineers and entrepreneurs,
that seeks to improve patient safety. By sharing data generated by their
products, in accordance with applicable patient privacy laws, these
companies help further the development of predictive algorithms that can
notify clinicians and patients of dangerous trends, and thus enable
earlier interventions.

"Every day we hear more stories about hospitals wishing to use
predictive algorithms to identify deteriorating patients early," said
Joe Kiani, Founder and Chairman of the Patient Safety Movement
Foundation. "The greater the number of companies that sign the Open Data
Pledge, the closer we'll be to creating a patient data superhighway that
will help create predictive algorithms and decision support tools to
help hospitals reach ZERO preventable patient deaths. We thank Baxter
for joining this effort."

"We signed the Open Data Pledge as part of our ongoing commitment to
help transform patient care and improve patient safety," said Sumant
Ramachandra, M.D., Ph.D., senior vice president and chief scientific and
technology officer, Baxter International. "Patient safety is paramount
to our mission to save and sustain lives."

The Patient Safety Movement Foundation encourages healthcare technology
companies to share the data that their products are purchased for,
subject to applicable patient privacy laws. They do so without
disclosing any proprietary algorithms or protected data. To date, the
following companies have pledged to share their data: https://patientsafetymovement.org/partners/open-data-pledges/view-all-open-data-pledges/.

Companies can make their pledge online at: https://patientsafetymovement.org/partners/open-data-pledges/open-data-pledges-faqs/.

About The Patient Safety Movement Foundation

More than 200,000 people die every year in U.S. hospitals and 4.8
million worldwide in ways that could have been prevented. The Patient
Safety Movement Foundation is a global non-profit which creates free
tools for patients and hospitals. The Patient Safety Movement Foundation
was established through the support of the Masimo Foundation for Ethics,
Innovation, and Competition in Healthcare to reduce that number of
preventable deaths to ZERO. Improving patient safety will require a
collaborative effort from all stakeholders, including patients,
healthcare providers, medical technology companies, government,
employers, and private payers. The Patient Safety Movement Foundation
works with all stakeholders to address the problems with actionable
solutions for patient safety. The Foundation also convenes the World
Patient Safety, Science & Technology Summit. The Summit brings together
some of the world's best minds for thought-provoking discussions and new
ideas to challenge the status quo. By presenting specific, high-impact
solutions to meet patient safety challenges, called Actionable Patient
Safety Solutions, encouraging medical technology companies to share the
data their products are purchased for, and asking hospitals to make
commitments to implement Actionable Patient Safety Solutions, the
Patient Safety Movement Foundation is working toward ZERO preventable
deaths. Visit patientsafetymovement.org.

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