Boston Scientific Announces Partnerships For Cardiovascular Value-Based Programs

Boston Scientific recently announced two separate deals that would combine its medical device offerings with partners solutions to enhance cardiovascular care outcomes and lower cost of care. The programs will be offered under Boston Scientific’s ADVANTICS solutions, which include performance optimization, capital financing, care pathway transformation, and patient management programs.

Under the agreement with cardiovascular consultancy firm MedAxiom, Boston Scientific will offer hospitals customized programs to improve cardiovascular care delivery to patients suffering from heart failure, atrial fibrillation, structural heart, and ischemic heart disease, according to a press release.

“This agreement brings together Boston Scientific’s strong expertise in lean practices, process improvement and supply chain optimization with MedAxiom’s deep experience in cardiovascular program leadership,” Boston Scientific stated in the release.

A separate partnership with healthcare data analytics company TogetherMD will integrate the firm’s analytics technology with Boston Scientific’s cardiovascular portfolio. TogetherMD’s platform gives providers with access to actionable data to lower operational costs and drive operational efficiency, according to the release. This includes the analyses of industry benchmarking data, as well as billing and coding accuracy. TogetherMD claims that the use of its platform in single hospital sites has resulted in up to $1.5 million in cost and operational savings.

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