Physician Collaboration

Collaboration between industry and physicians drives medical innovation and leads to better patient care. Some of the ways Medtronic collaborates with physicians include:

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TRAINING

training

Other physicians to use or implement our medical devices and therapies.

CoreValve System

The CoreValve System is a new way to treat severe aortic stenosis for patients for whom surgery is not recommended. Medtronic’s education and training programs help physicians to safely adopt this therapy. Part of the program involves training by physician proctors who have direct patient access and are highly trained and experienced in the new therapy. The physician proctors visit sites where other heart physicians are getting started with the therapy, and to help ensure that procedural best practices for the CoreValve System are being followed.

CLINICAL RESEARCH

CONSULTING

INVENTING

We are proud of our work with physicians and have policies to ensure our interactions with physicians are principled and appropriate.

We understand the importance of public trust in collaboration and are committed to transparency in an effort to increase patient confidence and project our ability to work with physicians.

We are hopeful that the CMS Open Payments Database will be a move to consistent reporting of physician collaboration across our industry, protecting our ability to continue to pursue this important interaction for the benefit of patients.

Our Long-Term Commitment to Transparency

Years before the Open Payments Database was mandated as part of the 2010 Affordable Care Act, Medtronic was taking steps to eliminate conflicts of interest and ensure that treatment decisions are driven by patient needs and physician expertise.

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1990

1990

paper     Developed Business Conduct Standards for employees to adhere to.

2002-2009

2008

2009

2010

2014

Physician Collaboration Drives Innovation

Medtronic's first revolutionary product, a wearable pacemaker, was developed through a close collaboration between our founder Earl Bakken and a University of Minnesota Medical School heart surgeon.

Deep brain stimulation to treat Parkinson's disease and insulin pump therapy are other Medtronic innovations born by collaboration.

Physicians collaborating with industry has led to the development of penicillin, cortisone, CAT scans, laser eye surgery, oral contraceptives, vaccines for chickenpox and hepatitis B, and total knee replacement.

Significant Investment to Meet Government Reporting Requirements

Medtronic believes transparency is necessary to maintain public trust in our collaboration. Medtronic invested millions of dollars to develop sound, accurate reporting systems and processes to ensure that we could report data in compliance with CMS regulations.

With more than four years of experience reporting physician payments, Medtronic will continue to provide feedback to CMS in support of the continued evolution of the CMS Open Payments Database.

An Industry Issue

The ability to collaborate with physicians is an important issue for the medical device and pharmaceutical industries. Learn about what other organizations are doing: