Beyond the Device: How DePuy Synthes is Innovating in Orthopedic & Spine Technology
Friday, April 1, 2016
Source: Becker's Spine Review
DePuy Synthes recently entered into a strategic alliance with Value Stream Partners to design, develop and implement bundled payments for hip and knee replacements. The agreement is available to orthopedic providers and could be especially useful for customers participating in the Comprehensive Care for Joint Replacement model — which could become more widespread in the future.
"Bundled payments is something that is here to stay and as a company, we are working hard on the triple aim," says Ciro Romer, company group chairman, DePuy Synthes Franchise. "We want to make sure we are continuing to improve outcomes and patient satisfaction while lowering cost. Healthcare is going from a volume-based to value-based industry and we are excited to continue innovating there."
DePuy Synthes is one of the largest orthopedic device company providers in the world, possessing 39.4 percent of the United States orthopedic trauma market in 2013. The company continues to innovate with new product lines for hip and knee replacements as well as orthopedic trauma and spine, with their new nail gaining significant market share.