HBR, NEJM and Medtronic Launch New Initiative Driving Discussion on Value-Based Healthcare
October 12 2015 - 11:00AM
Collaboration
Between Harvard Business Review and The New England Journal of
Medicine Sponsored by Medtronic
DUBLIN - October 12, 2015 -
As communities around the world increasingly adopt programs based
on value-based healthcare principles, thought-leading perspectives
on how to improve patient outcomes while addressing cost in the
healthcare systems will be the focus of the new Harvard Business
Review (HBR) Insight Center
(https://hbr.org/insight-center/measuring-costs-and-outcomes-in-health-care),
exclusively sponsored by Medtronic plc (NYSE: MDT). The
Insight Center is a collaboration between HBR and the New England
Journal of Medicine (NEJM) to provide an online forum for
commentary from leaders in policy, medicine and academia around
this year's theme, "Measuring Costs and Outcomes in
Healthcare."
"The topic of how to improve quality and outcomes
in healthcare while lowering costs is vitally important," said Adi
Ignatius, editor in chief of HBR. "We're pleased to offer a forum
that will advance this discussion and highlight best
practices."
"We are proud to support this collaboration with
HBR and NEJM to drive meaningful dialogue from thought-leaders
across healthcare about how we can transform the incentives in
healthcare today to focus on outcomes," said Omar Ishrak, chairman
and chief executive officer at Medtronic. "Today in our
service-based systems, we pay for each step in patient care
regardless of outcome; however, it's becoming increasingly clear
that we must collaborate to shift this to a model that focuses on
and rewards improved patient outcomes."
Conversations about the move to value-based care
involve stakeholders across healthcare, from physicians, to
hospital administrators, payers, and manufacturers, to consider how
the healthcare system can transition to one that aligns cost to the
improved outcome - two components that define value-based
healthcare. Medtronic will share perspectives on related
topics through content published on
www.medtronic.com/collaborate.
As part of the launch of the Insight Center, two
webinars on value-based healthcare will be hosted over the next few
weeks. The first, taking place on Friday, October 23, 2015 and
titled "Measuring Outcomes: The Key to Value-Based Health Care,"
will feature Caleb Stowell, VP of Research and Development at the
International Consortium for Health Outcomes Measurement (ICHOM),
and Christina Akerman, President of ICHOM. For more information and
to register for the webinar, please visit,
www.krm.com/hbr/ValueHealthCL.
The second, taking place on Friday, November 13,
2015 and titled "Value-Based Health Care: Reconciling Mission and
Margin," will feature Harvard Business School Professor Robert S.
Kaplan, co-author of the HBR article, "How Not
to Cut Health Care Costs." For more information and to register for
the webinar, please visit, www.krm.com/hbr/HealthCostsCL.
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 85,000 people worldwide, serving physicians,
hospitals and patients in more than 160 countries. The company is
focused on collaborating with stakeholders around the world to take
healthcare Further, Together.
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:
Fernando Vivanco
Public Relations
+1-763-505-3780
Ryan Weispfenning
Investor Relations
+1-763-505-4626
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX 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
HUG#1958135
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