Transitioning to a value-based healthcare system requires coordinated effort from all stakeholders — a trusted partnership that functions fluidly across healthcare providers, payers, and patients. For Medtronic, addressing issues that are slowing the transition and unlocking the full potential of our data-driven technology are key steps in the process.
"Providing products and systems that help doctors and stakeholders with efficient data integration is a massive undertaking for the healthcare community," said Jude Wimberger, director of value-based healthcare strategy at Medtronic. "With value-based healthcare at the core of many initiatives at Medtronic, a strong focus on data integration stands at the forefront of our vision."
Working with our partners across the care continuum, we are broadening our innovation horizon based on their needs. With the latest version of our insertable cardiac monitor, for example, smart filtering works to alleviate data overload for providers. By improving the algorithm within the heart monitoring device through self-learning, new technology simplifies data and usability, cutting false detect rates by nearly half — ensuring the alerts that providers receive are more accurate and clinically actionable.1
Arming both physicians and patients with data-driven health solutions, like CareLink, in non-traditional care settings shows great promise in the shift towards VBHC.
Providing tools to patients that help with their day-to-day disease management also benefits providers and the broader system.
"While efficiency for the physician is incredibly important, it's also essential to focus on how we can empower the patient as well," said Wimberger. "Because the success of VBHC relies heavily on an improved care continuum, Medtronic is putting the power of care into the hands of diabetes patients through tech-based offerings like CareLink." Facilitating a stronger outpatient relationship, CareLink is a convenient software tool that allows patients with diabetes to collect information from their insulin pump and easily share it with their doctor for more effective, ongoing therapy management.
Arming both physicians and patients with data-driven health solutions, like CareLink, in non-traditional care settings shows great promise in the shift towards VBHC.
Medtronic is working to transform healthcare.
LEARN HOW
Diabeter, a Medtronic network of Type 1 diabetes clinics in the Netherlands, is focused on improving outcomes among pediatric patients in the region. Using an IT platform Diabeter has coined as the "VCare system," patients, caregivers, and a multidisciplinary team of specialists have access to real-time patient data via e-dashboards, personalized emails, and physician alerts. Early clinic results show improved patient outcomes, increased capacity for providers to treat high-risk patients, and system cost savings.2
Continuing to build smart products and strong partnerships, like the one we see with Diabeter, will become the backbone to building a more formidable healthcare system.
Jude Wimberger, Director of Value-based Healthcare Strategy, Medtronic
While Diabeter is one of many initiatives working toward VBHC within the health community, its integrated approach is becoming a sought-after standard across Medtronic — and the industry — as we collectively look to advance a global VBHC healthcare model.
"Continuing to build smart products and strong partnerships, like the one we see with Diabeter, will become the backbone to building a more formidable healthcare system,” added Wimberger.