|Medtronic Awarded U.S. Department of Veterans Affairs National Contracts for Home Telehealth Technologies, with Three Other Vendors|
Contract Award Continues Medtronic Care Management Services Veteran Support Initiated in 2011
DUBLIN - Feb. 6, 2017 - Medtronic plc (NYSE:MDT) today announced Medtronic Care Management Services (MCMS) is one of four vendors awarded a national contract from the U.S. Department of Veterans Affairs (VA) for Home Telehealth Technologies. MCMS has supplied the VA with telehealth solutions since 2011, and the new contract enables MCMS to continue supplying the VA with innovative remote patient monitoring technology for one year, followed by four optional one-year periods exercised at the discretion of the VA.
"After a rigorous review of potential suppliers, we are honored the Department of Veterans Affairs selected Medtronic Care Management Services as one of four vendors to provide home telehealth technology to its veteran patients," said Sheri Dodd, vice president and general manager, MCMS. "While we are pleased to continue our working relationship with the VA, we are even more excited by the opportunity to continue providing veterans with healthcare solutions enabling greater flexibility in the monitoring and management of their health."
MCMS will provide veterans with a comprehensive suite of technology platforms, multiple connected diagnostic devices, proprietary clinical workflow software, and related telehealth solutions to help clinicians monitor patients with complex conditions, such as heart failure, chronic obstructive pulmonary disease (COPD), diabetes, depression, hypertension, weight loss management, and posttraumatic stress disorder (PTSD).. Veterans using MCMS' services will engage in daily health checks, which not only educate the veteran regarding their condition and self-care, but collect symptoms and biometrics through a series of branching logic-based questions. Information received is aggregated and assembled for review online by VA care coordinators, enabling clinicians to monitor a veteran's condition and consider potential early intervention.
Medtronic is committed to developing services and solutions that address healthcare needs by improving clinical and economic outcomes. As a trusted provider to hospitals, post-acute providers, and payers, MCMS is committed to improving patient health, and delivering economic benefits, to the healthcare system every day. This approach supports Medtronic's transition toward expanding the company's traditional medical device product offerings to broader healthcare services and solutions, providing clinical and economic value for hospitals, physicians, patients, and payers.
More information about the VA Home Telehealth Technologies contract can be found at https://www.fbo.gov.
Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.