Healthcare DIVE April 1, 2021
Nick Paul Taylor

Dive Brief:

  • Medtronic has partnered with integrated Michigan health system Spectrum Health to create value-based healthcare programs, with an initial focus on automating identification of readmission events in patients who use a Medtronic cardiac resynchronization therapy device.

  • This latest deal is risk-based, according to Spectrum spokesperson Tim Hawkins, wherein the medtech giant agrees to pay the system if certain patient outcomes are not met. The partners are framing the collaboration as a chance to “use data and near real-time analytics to design programs intended to help standardize care, reduce clinical variation and deliver greater personalization of care.”

  • Medtronic has previously entered into value-based agreements with groups including Aetna and UnitedHealthcare, primarily in the diabetes...

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Topics: Health System / Hospital, Medical Devices, Payment Models, Provider, Value Based
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