How Boston Scientific is boosting medical device value

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Boston Scientific Trugevity EnduraLife

[Image courtesy of Boston Scientific]

Boston Scientific over the summer unveiled a new value-add for its implantable cardio devices: an online Trugevity calculator that lets physicians predict battery life.

The idea is to help health providers quickly grasp the benefits of Boston Sci’s longer lasting EnduraLife battery technology, which the company touts has nine clinical studies and eight years of real-world data to back up its abilities.

“We used to do those [battery life] calculations in-house … for physicians who are interested. … We decided, ‘Why not let the truth be free?'” said Ken Stein, SVP and CMO for rhythm management and global health policy at Boston Sci.

Health providers and payers are increasingly requiring medical device companies to prove value. Device companies need to provide evidence that their products are helping the healthcare run more effectively and efficiently.

In the case of EnduraLife, the value argument is that a Boston Scientific ICD may only need to be replaced every 13 years, versus seven years, Stein said. And with around 6-8% of patients having a complication during a pulse generator replacement surgery for a defibrillator, extending device life can be a big deal.

“Foundational is patient outcomes. The fact that you can spare a patient surgeries is great, but then the other flip side of that is you’re not paying for a new device every five years. Again, if it lasts nearly twice as long, it’s nearly half the cost over the long run,” Stein said.

EndraLife uses proprietary lithium ion manganese oxide battery technology to enable sustained good performance with almost twice the longevity of batteries used by Boston Scientific’s competitors, Stein said.

“It’s been out now for so long in the field that now there’s a huge amount of evidence that backs up that the longevity really is as good as we say it is,” Stein said. “At this point, this is pretty old innovation, but what’s happened is now we’re at the time where we’ve got the proof points that say this really does live up to the hype.”

So what about the holy grail? What about someone getting an implantable cardio device such as a pacemaker or ICD and never needing to have a second surgery or only needing it in extraordinary circumstances?

“I think we all have some interest in looking at some ideas around: novel types of technologies, some energy-harvesting technologies, for instance,” Stein said. “I don’t see any likelihood that we’re going to get there within a short-term. By short-term, I’m saying three to five years. I would have every expectation that in the long-term, we’ll be able to come up with some breakthrough technologies that will substantially expand the longevity of devices.”

(Learn from some of the medical device industry’s top executives and experts at DeviceTalks Boston on Oct. 2.)

 

DeviceTalks West: Expertise you need to know

textadimage Medical device suppliers are light years away from the days when they merely filled orders to spec for medtech OEMs – as a visit to the upcoming DeviceTalks West will quickly confirm.

From incorporating steerability into catheters to getting validation and testing done right, the companies serving the medical device industry have become specialized experts in their own right.

Read on to discover five example of medical device expertise to be had at DeviceTalks West, which runs Dec. 11–12 in Orange County, Calif.

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