We know the significance of the statistics — and we’re working to change them.
Chronic disease accounts for 60 percent of deaths worldwide.1 Conditions like diabetes and obesity are leading contributors to the growing healthcare crisis, where systems struggle to treat more patients while keeping costs down.1 Knowing this, we set to work, partnering with the global healthcare community to use our technology, services, and insight to better manage care for those living with chronic disease. With the support of dedicated healthcare professionals and specialists, Medtronic now offers chronic care management solutions that not only help individuals and their families achieve better outcomes, but can also save healthcare systems money.
Improving clinical outcomes, expanding access to care, optimizing cost, and improving efficiency are critical components of healthcare reform as the global population ages and diagnoses of chronic disease grow.
Putting the patient at the center of care — with the aim of delivering the best possible results at the lowest possible cost — is the beginning of the solution. This approach requires fundamentally re-thinking how and where patients receive treatment.
Today’s healthcare system is predominantly based on a fee-for-service model, where payment to hospitals and providers is based on individual office visits, procedures, and tests a patient receives. Alternatively, in a value-based healthcare (VBHC) model, new rules and standards help focus payment and reimbursement on overall patient outcomes. Key components of such a model include preventive screenings, wellness plans, and clinic-based care, which are particularly well-suited for addressing chronic conditions.2
Discover Medtronic value-based healthcare solutions to better manage:
Medtronic is expanding the diabetes and obesity clinic models to other regions and healthcare settings. This kind of partnership with leading healthcare providers and government agencies illustrates the future of healthcare, which will deliver better outcomes at lower costs.
As a leader in diabetes care technology and minimally invasive bariatric surgery, Medtronic is helping to spearhead the development of Value-Based Healthcare solutions specifically for these high-risk patient populations.
World Health Organization: Chronic Diseases and Health Promotion http://www.who.int/chp/en/
Medtronic Position Paper on Aligning Value to Drive More Efficient, Integrated Care