Geisinger, Medacta Collaborate on Knee Replacement Lifetime Guarantee

By Julie A. Vetalice

Medacta and the Geisinger health system partnered to pilot a knee replacement lifetime guarantee. Mirroring the model initiated in 2018 for hip replacement, the knee program will cover full costs for screened Geisinger Health Plan members who undergo knee replacement while also ensuring reimbursement for any associated future care the patients may incur. The cost of the implant and associated hospital fees will be proportionally shared between Medacta and Geisinger while patients remain on the plan.

Products covered will include MyKnee® patient-matched cutting blocks and GMK® Efficiency Single-use Instruments.

Geisinger introduced ProvenCare in 2006, and in 2014, launched ProvenCare Hip Fracture, Total Hip, Total Knee and Lumbar Spine. The program re-engineers care using evidence-based "bundles" and adoption of a fixed per-case rate that covers preadmission, inpatient and follow-up, including all complications 90 days post-procedure. Geisinger serves >3 million members throughout Pennsylvania and New Jersey.

Source: Medacta International

Product Labels: Knee Replacement

Tags: M&A