202130 Nov

Hartford HealthCare’s Heart & Vascular Institute Becomes National Leader on the Scalable Utilization of Value-Based Contracts for Medical Devices

Summary

The implementation was completed in collaboration with the Heart & Vascular Institute at Hartford HealthCare and under the sponsorship of Steven Zweibel, MD, System Director of Electrophysiology at the Heart & Vascular Institute.This accomplishment allows Hartford HealthCare to automatically identify eligible rebates for specific cardiac devices in real-time and facilitate their electronic submission back to the supplier. “We look forward to supporting their expansion in this important area of clinical care as we continue to build similar capabilities for other like-minded healthcare organizations nationwide.”The Mondopoint implementation at Hartford includes new modules added to the health tech company’s existing SaaS platform. Hartford HealthCare’s unique, system-wide Institute Model offers a single, high standard of care in crucial specialties at hospital and ambulatory sites across Connecticut. As value-based contracts are negotiated, Mondopoint’s technology platform allows these types of agreements to be implemented at scale by automating the ongoing monitoring and enforcement of their performance-based terms. Mondopoint operates as an honest broker to both parties, providing mutual transparency into item-level cost, quality, and outcomes data on a real-time basis.

Source: Pr

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