Medtronic Announces U.S. Launch of Integrated Health Solutions with University Hospitals Agreement
November 29 2016 - 10:00AM
New Agreement
Focuses on Improved System Efficiency at University Hospitals
Cleveland Medical Center
DUBLIN and CLEVELAND - Nov. 29,
2016 - Medtronic plc (NYSE:MDT), the global leader in medical
technology, today announced the signing of its first Integrated
Health Solutions agreement in the United States with University
Hospitals (UH), one of the nation's leading healthcare systems,
designed to improve delivery of care and patient
experience. Together the organizations will implement
innovative operational models that will optimize workflow and
redefine operational efficiency for catheterization (cath) and
electrophysiology (EP) laboratories at the University Hospitals
Cleveland Medical Center. Medtronic brings its international
expertise from managing cath labs and operating rooms for over 100
hospital systems around the globe to manage clinical support
operations in UH select labs. The agreement signals the expansion
of Medtronic's managed services offering to U.S. health
systems.
Hospitals systems continue to find that
operational efficiency is a prerequisite for clinical excellence.
UH expects to optimize its operations with Medtronic involvement to
continue to deliver excellent care and better manage rising
healthcare costs.
"Our collaboration with Medtronic gives us a
unique opportunity to learn from their international best practices
in inventory management and scheduling optimization," said Jeffrey
Peters, M.D., UH chief operating officer. "We are excited to embed
their expertise into our clinical operations, allowing our clinical
staff to focus on providing the highest level of cardiovascular
care for our patients."
In cath labs and EP labs, clinical-support
operations - lab management, scheduling, materials management, room
turnover and process optimization - play a vital role in ensuring
cardiologists are able to identify and diagnose cardiovascular
conditions for their patients. The patient journey starts before
the patient enters the hospital and continues after discharge.
Addressing the needs of patients throughout the continuum of care
is a priority of new models of care delivery.
"Our Integrated Health Solutions business was
formed as part of a commitment to advance healthcare delivery in
more cost-effective ways," said Mike Genau, senior vice president
and president, Americas Region, for Medtronic. "Our goal in
collaborating with UH is to enhance patient care and system
efficiency through the unique combination of operational insights,
data, medical technology, and services. Medtronic has more than 65
years of experience to bring to the table, and we intend to be a
close associate in implementing innovative solutions along the
way."
About Medtronic
Medtronic plc (www.medtronic.com), headquartered in Dublin,
Ireland, is among the world's largest medical technology, services
and solutions companies - alleviating pain, restoring health and
extending life for millions of people around the world. Medtronic
employs more than 88,000 people worldwide, serving physicians,
hospitals and patients in approximately 160 countries. The company
is focused on collaborating with stakeholders around the world to
take healthcare Further, Together.
About University
Hospitals
Founded in 1866, University Hospitals serves the needs of over 1
million patients per year through an integrated network of 18
hospitals, more than 40 outpatient health centers and 200 physician
offices in 15 counties throughout northern Ohio. The system's
flagship academic medical center, University Hospitals Cleveland
Medical Center, located on a 35-acre campus in Cleveland's
University Circle, is affiliated with Case Western Reserve
University School of Medicine. The main campus also includes
University Hospitals Rainbow Babies & Children's Hospital,
ranked among the top children's hospitals in the nation; University
Hospitals MacDonald Women's Hospital, Ohio's only hospital for
women; and University Hospitals Seidman Cancer Center, part of the
NCI-designated Case Comprehensive Cancer Center. UH is home to some
of the most prestigious clinical and research programs in the
nation, including cancer, pediatrics, women's health, orthopedics,
radiology, neuroscience, cardiology and cardiovascular surgery,
digestive health, dermatology, transplantation and urology. UH
Cleveland Medical Center is perennially among the highest
performers in national ranking surveys, including "America's Best
Hospitals" from U.S. News & World Report. UH is also home to
Harrington Discovery Institute at University Hospitals - part of
The Harrington Project for Discovery & Development. UH is the
second largest employer in northern Ohio with 26,000 employees. For
more information, go to UHhospitals.org.
Any forward-looking statements
are subject to risks and uncertainties such as those described in
Medtronic's periodic reports on file with the Securities and
Exchange Commission. Actual results may differ materially from
anticipated results.
-end-
Contacts:
Katie White
Marketing Communications
Medtronic plc
+1-763-505-0861
Ryan Weispfenning
Investor Relations
Medtronic plc
+1-763-505-4626
Mike Ferrari
Media Relations
University Hospitals
+1-216-844-7239
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Medtronic plc via Globenewswire
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