Medtronic inks cardiology managed care deal in Nigeria

Medtronic (NYSE:MDT) said today it is partnering with Renescor to bring managed healthcare services to Lagos, Nigeria’s Gbagada Cardiac and Renal Centre.

Renescor won a 5-year agreement with the government of Lagos to bring new high quality services to the Gbagada cardiac and Renal Center, the company said.

As part of the 4-year partnership, Medtronic’s integrated health solutions department will join with Renescor to help finance, manage and optimize cath lab, OR and ICU services at the center.

“Nigeria is in desperate need for efficient cath-labs and operating rooms to treat more patients locally. Lagos currently has only 2 operational Cath-Labs to serve a population of 16 million and is in critical need of more. We decided on Medtronic because it is the largest medical technology manufacturer globally with over 65 years of experience and positive track record of delivering value to their customers and partners. Our collaboration will ensure the hospital is run to the highest global standards of care quality, efficiency, patient safety, and optimized capacity to help more patients be treated,” Renescor chair Dr. Ladi Awosika said in prepared remarks.

The partnership entails end-to-end management, including operational support, staffing and material management and other services necessary to manage and improve the departments.

The partnership aims  to bring the center up to “global standards of care in line with international leading institutions.”

The foray will be Medtronic Integrated Health Solutions 1st in Africa, the companies said.

“Our involvement at CRC is a distinctive example of Medtronic’s Integrated Health Solution offerings. We are moving beyond the supply of devices, to deliver healthcare services that would ensure more access to patients in areas where it is currently not readily available. The Integrated Health Solution model helps optimise healthcare delivery and drives greater economic value,” Medtronic Middle East, Africa, Central Asia and Turkey integrated health solutions head Khodor Mekkaoui said in a press release.

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