Grand Rapids Business Journal
Courtesy Spectrum Health
Spectrum Health and Medtronic plc entered an agreement with the goal of improving outcomes for Spectrum Health patients while reducing the cost of care.
The two organizations will explore the creation of value-based health care programs to support the adoption and appropriate use of medical technologies and therapies at Spectrum Health.
Spectrum and Medtronic will use data and near real-time analytics to design programs intended to help standardize care, reduce clinical variation and deliver greater personalization of care by applying the right medical technologies and therapies to patients who may benefit most.
“The agreement with Medtronic aligns with Spectrum Health’s vision of personalized health made simple, affordable and exceptional,” said Dr. Darryl Elmouchi, M.D., president of Spectrum Health West Michigan. “Now, more than ever, in an era when health systems are dealing with the impact of COVID-19, prioritizing value-based health care enables us to optimize where care is provided, create cost efficiencies and drive variability out of operations to bring the highest quality care to our patients at the lowest cost.”