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Zimmer Biomet Acquires Telerehabilitation Business RespondWell

October 28, 2016

Zimmer Biomet

Zimmer Biomet

Zimmer Biomet has acquired telerehabilitation startup RespondWell, according to a news release. The deal comes just a few months after the Warsaw, Indiana orthopedics device business rolled out the Signature Solutions program to hospitals to help them improve patient outcomes, reduce readmissions and pare down medical costs.

The terms of the deal were not disclosed.

The value-based reimbursement landscape makes the kind of services Zimmer Biomet has added a good fit for hospitals and provider needs, said David Nolan, who works as a group president for Zimmer Biomet.

“Integrating an innovative and comprehensive telerehabilitation program into our Zimmer Biomet Signature Solutions offering addresses the emerging need for healthcare providers to oversee and optimize post-surgical recovery outcomes in order to maximize value across the entire episode of care,” Nolan said.

Zimmer Biomet is part of a broader trend of medical device companies adding services to support their med tech business. The Comprehensive Care for Joint Replacement model launched in April in which the Centers for Medicare and Medicaid Services pays a fixed amount for hip and knee replacement surgery.The program makes RespondWell a logical acquisition target for Zimmer Biomet.

Read More – Source: Zimmer Biomet snaps up interactive telerehabilitation business RespondWell – MedCity News

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