Becker's ASC Review

February 2017 Issue of Becker's ASC Review

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22 ORTHOPEDIC SECTION 5 Key Notes on Quality Metrics for Total Joint Replacement Bundled Payments By Laura Dyrda A study published in e Journal of Bone and Joint Surgery examines quality met- rics for total joint replacements. e researchers analyzed data from a large ter- tiary academic medical center in an urban area that participated in the CMS Bundled Payments for Care Improvement Initiative for total joint replacement surgery. e medical center par- ticipated in the BPCI Model 2, which includes care for 90 days following discharge. ere were 721 Medicare patients who fell with- in the bundle in year one and 785 in the third year. e researchers compared data from year one to year three. e researchers found: 1. e length of stay in the hospital decreased from 3.58 days in the first year to 2.96 days in the third year. 2. Forty-four percent of the patients in year one were discharged to an inpatient facility, com- pared to 28 percent in year three. 3. irty-day readmission rates dropped from 7 percent in the first year to 5 percent in the third year. Readmission rates in the first 60 days aer surgery dropped 11 percent to 6 percent and 90- day readmission rates fell 13 percent to 8 per- cent from year one to year three. 4. Cost for the 90-day episode of care dropped 20 percent from the first year to the third year. 5. e study authors concluded the BPCI bundled payment program "increased value to all stake- holders involved in this initiative" and suggested continued gains are possible in the future. n Vero Orthopaedics & Neurology Adds ASC: 4 Key Notes By Laura Dyrda Vero Orthopaedics & Neurology in Vero Beach, Fla., opened an ASC. Here are four key notes: 1. The ASC will include treatment for spine, elbow, knee, foot, ankle, hand, shoulder and wrist surgery. The facility will also include sports medicine and interventional pain management. 2. Vero Orthopaedics & Neurol- ogy opened in 1976 and includes locations in Vero Beach, Sebastian and Fort Pierce, Fla. 3. The physicians affiliated with the center are John Atwater, MD; Erin Forest, MD; Robert Hill, DO; William Kane, MD; John Peden, MD; Arthur D. Kalman, DO; Kent Smillie, MD; Guy Hickman Jr., MD; and Seth Coren, MD. 4. The practice includes a joint re- placement center, spine center, physical medicine and rehabilita- tion center and neurology center in addition to sports medicine, osteo- porosis and bone health services. n Zimmer Biomet, J&J, Stryker & More: 15 Device Company Key Notes By Anuja Vaidya H ere are 15 key notes on orthope- dic and spine device companies from the past week. Zimmer Biomet resolved an issue in- volving allegations Biomet violated U.S. Foreign Corrupt Policies Act before the companies merged, paying a $30.5 mil- lion settlement. Johnson & Johnson Medical Device Companies launched their Orthopaedic Episode of Care Approach, an offering to help health systems and surgeons reduce costs and increase quality for value-based alternative care models in orthopedics. Kalamazoo, Mich.-based Stryker is ex- pected to report net sales of $11.3 bil- lion for 2016, according to the compa- ny's preliminary fourth quarter and full year financial report. Leesburg, Va.-based K2M's full-year 2016 revenue will likely reach between $236.1 million and $236.6 million, ac- cording to preliminary financial results for the fourth quarter and full year of 2016, ended Dec. 31. Carlsbad, Calif.-based SeaSpine report- ed preliminary and unaudited revenue will hit between $32.5 million and $32.7 million for Q4 2016. Lewisville, Texas-based Orthofix In- ternational received FDA approval for its CervicalStim and SpinalStim bone growth stimulators. Atlanta-based Medovex Corp. entered into an international distribution agree- ment with AlfaMed, an Italy-based spine surgery equipment supplier. Marietta, Ga.-based Amendia named Gary Maingot the new executive vice president of operations. Walnut Creek, Calif.-based Providence Medical Technology appointed Gregory S. Curhan the new CFO and senior vice president of corporate development. Israel-based Expanding Orthopedics re- ported a more than 100 percent revenue growth for its FLXfit expandable cage in the second half of 2016. Lyon, France-based Medicrea filed its 510(k) submission to the FDA for its 3-D- printed titanium spinal interbody devices. Whale Imaging, based in Waltham, Mass., unveiled its G-Arm B6 Duo. Spinal Simplicity, based in Overland Park, Kan., received six new patents in 2016. The U.S. Patent Office allowed Carlsbad, Calif.-based Aurora Spine's patent ap- plication, titled "Polyaxial Interspinous Fusion Implant and Bone Growth Stimula- tion System." Cambridge, Mass.-based InVivo Thera- peutics added Providence-based Rhode Island Hospital to its INSPIRE study. n

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