BUSINESS WIRE: Medacta International, Geisinger Partner for First-Ever Knee Replacement Lifetime Guarantee

BUSINESS WIRE: Medacta International, Geisinger Partner for First-Ever Knee Replacement Lifetime Guarantee

Medacta and Geisinger, one of the American most innovative health systems, are proud to announce a first-of-its-kind pilot program for a knee replacement lifetime guarantee, in which the pair will stand behind the full cost of care associated with knee replacement surgeries over a patient’s lifetime.

The lifetime knee replacement program will replicate the model initiated in 2018 with the lifetime hip program and join it as part of Geisinger’s ProvenRecovery portfolio. This new program will cover full costs for screened Geisinger Health Plan members who receive knee replacement surgery while also ensuring reimbursement for any associated future care the patients may incur throughout their lifetimes. The cost of both the implant and any associated hospital fees will be proportionally shared between Medacta and Geisinger, while patients remain on the Geisinger Health Plan and are treated by Geisinger providers.
 
This pilot program includes MyKnee® patient-matched cutting blocks, a technology that utilizes pre-operative planning via image-based 3D reconstruction to allow for complete customization, as well as the GMK Efficiency, a complete single use instrument solution for total knee replacement. Both of these products fall under Medacta’s Mpower Sustainability Solutions, a company initiative focused on delivering products and programs that allow surgeons and facilities to provide high quality care at a reduced cost via value-based healthcare models that are built to last.
 
“Medacta prides itself on providing unparalleled surgeon training and education via our renowned M.O.R.E. Institute. When thoroughly trained surgeons leverage our patient-matched technologies and thoughtfully designed instruments, they are more confident in the O.R. and often conduct more precise and efficient procedures, with the end goal of improving patient outcomes,” said Francesco Siccardi, Chief Executive Officer of Medacta International. “We are proud to be the first orthopedic firm to offer a lifetime guarantee on our hip and knee replacement surgery implants and instrumentation alongside our partner Geisinger, which is known for its early adoptions of innovative technologies and care delivery models. From complete revisions to treating a simple infection, the complete cost of care is covered.”
 
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