December 8, 2021 – Mondopoint, LLC (Chicago, IL) announced the successful implementation of its technology platform at Hartford HealthCare. 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.
Hartford HealthCare will now be able to automatically identify eligible rebates for specific cardiac devices in real-time and facilitate their electronic submission back to the supplier. These rebates are governed by an active, value-based contract that was negotiated by Hartford HealthCare with a major medical device company.
Prior to the implementation with Mondopoint, identifying potential rebates for these devices would have required the Hartford team to spend hundreds of labor hours manually reviewing patient records, physicians’ orders, and even handwritten notes, the company says.
Additionally, Hartford receives timely intelligence it can use to support care pathway improvements and better health outcomes for recipients of these devices.
The Mondopoint technology platform implementation at Hartford includes new modules to the tech company’s existing SaaS platform. Through their continued partnership, Hartford and Mondopoint will explore opportunity in clinical areas such as orthopedics, wound care, and robotic surgery.
“We’re thrilled to partner with a medical device company that understands the win-win potential of value-based contracts for our patient population and who is willing to stand behind their products when it comes to achieving better patient outcomes,” said Dr. Zweibel. “When Hartford HealthCare first decided to take the lead in working with value-based contracts, we were surprised by how difficult they are to operationalize. Quite frankly, it was unclear whether we could feasibly scale the use of value-based contracts across our network given the amount of time our staff would need to identify the possible rebate opportunities. With the implementation of Mondopoint’s technology, that dynamic has fundamentally shifted, and we’re pleased to confirm the real-world viability of value-based contracts for our organization.”