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Tag: Medtronic


Specialty Providers

Medtronic aims to ‘bridge’ coverage gaps 

December 18, 2020Theresa Flaherty, Managing Editor

DUBLIN – The biggest barrier to CGMs and other innovative diabetes technology is cost, says Medtronic, and that’s why the company recently launched a CGM Access Discount Program for certain users.  “Our goal is to make therapy available to everyone and we hear cost is one of the top reasons they can’t go on CGMs or fall off (using CGMs),” says Krista Sugerman, vice president of global customer engagement for Medtronic. “We try to...

CGMs, CMS, diabetes, Medtronic


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News

In brief: Congressional caucus on sleep, Sullivan Health’s first acquisition, telehealth expansion finalized

December 3, 2020HME News Staff

DARIEN, Ill. – The American Academy of Sleep Medicine has created a Congressional Sleep Health Caucus to promote healthy sleep and the importance of high-quality, patient-centered care for patients.   The caucus is co-chaired by Reps. Zoe Lofgren, D-Calif., and Rodney Davis, R-Ill.  “As we deal with the unique challenges and added stress brought on by the COVID pandemic, the necessity of good, quality sleep is all too clear,” said Lofgren. “Insufficient sleep...

AASM, Medtronic, NorthShore, nrrts, Numotion, Pinnacle Medical


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Also Noted

Medtronic launches discount program

December 3, 2020HME News Staff

DUBLIN - Medtronic has launched a CGM Access Discount program that allows users without insurance coverage or those who switched insurance or lost coverage to access discounted out-of-pocket costs for a Medtronic CGM. The discount enables eligible patients to pay $180 for a Medtronic CGM (with a 12-month warranty) and $60/month for sensors. For more information on the program, click here. In October, CMS announced proposed changes that, if finalized, would expand Medicare coverage for CGMs. Earlier...

CGMs, diabetes, Medtronic


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Specialty Providers

Medtronic seeks to integrate CGM, smart pen

September 25, 2020Theresa Flaherty, Managing Editor

DUBLIN, Ireland - Although Medtronic is a leader in insulin pump technology, the majority of people with diabetes who use insulin still opt for injections—that's why the company wants to “close the loop” for those patients. In August, Medtronic announced it had acquired Companion Medical, the manufacturer of?InPen, a smart insulin pen system paired with an integrated diabetes management app that helps with insulin dosing and tracking. “It became apparent to us there was a...

CGM, insulin, Medtronic, smart pen, technology


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News

In brief: Bid relief, first audits, new Numotion location

August 14, 2020HME News Staff

WASHINGTON - The HME industry's champions in the House of Representatives have indicated that they're still invested in securing permanent relief for rural and other non-bid suppliers, AAHomecare says.The champions are also invested in eliminating the oxygen budget neutrality requirement that's impacting reimbursement in rural areas, according to the association.“The lead sponsors for (H.R. 2771) have suggested that building additional co-sponsor support for (the bill) will increase prospects...

aahomecare, Ascensia, Medtronic, Numotion, Parks Associates


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Medtronic makes 'strategic' acquisition in diabetes market

August 12, 2020HME News Staff

DUBLIN and SAN DIEGO - Medtronic plans to acquire Companion Medical, the manufacturer of InPen, a smart insulin pen system paired with an integrated diabetes management app. The InPen, which has been cleared by the U.S. Food and Drug Administration, expands Medtronic's ability to serve people where they are in their diabetes journey and offer them a unique and expansive ecosystem of support, the company says. “This acquisition is an ideal strategic fit for Medtronic, as we further simplify...

diabetes, M&A, Medtronic


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Medtronic offers pandemic assistance

May 7, 2020HME News Staff

DUBLIN - Medtronic has expanded its Medtronic Assurance program for U.S. customers who lose their jobs and health insurance due to COVID-19. Current eligible customers can receive a three-month supply of sensors, infusion sets and reservoirs at no cost. “Knowing that concerns around continuity of therapy are at the very top of mind for people living with diabetes, Medtronic wants to ensure during this stressful and challenging time that we can be there for our customers when they need it most,”...

continuous glucose monitoring, diabetes, Medtronic


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Specialty Providers

Insulin pump decision could have chilling effect

May 27, 2016Theresa Flaherty, Managing Editor

YARMOUTH, Maine - UnitedHealthcare's recent decision to only cover insulin pumps provided by Medtronic is bad news all around, say industry stakeholders.In May, the insurance giant announced it had inked an agreement with the medical device maker to serve as exclusive provider of insulin pumps to its members.“To take away beneficiary choice over economics is not a good thing,” said Dan Gooch, owner of Pal-Med in Columbia, S.C., which offers pumps from Medtronic, Animas and Tandem. “I...

insulin pumps, Medtronic, UnitedHealthcare


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Vendors

Medtronic, Covidien deal approved

January 7, 2015HME News Staff

MINNEAPOLIS - Medtronic shareholders on Tuesday approved a $43 billion dollar acquisition of Covidien.The deal still requires approval from the High Court of Ireland, according to local newspapers.The deal was first announced in June 2014. The combined company, Medtronic PLC, will retain offices in Minneapolis but have its headquarters in Ireland, where Covidien is based. That has drawn criticism for being a “tax dodge,” according to reports.The combined company will have a comprehensive...

covidien, Medtronic


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Medtronic buys Covidien

June 17, 2014HME News Staff

MINNEAPOLIS and DUBLIN - Medtronic has agreed to buy Covidien in a cash-and-stock transaction valued at about $42.9 billion, the companies announced June 15.The combined company will have a comprehensive product portfolio, a diversified growth profile and broad geographic reach, with 87,000 employees in more than 150 countries, according to a press release.“We are excited to reach this agreement with Covidien, which further advances our mission to alleviate pain, restore health and extend life...

covidien, M&A, Medtronic


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