Here are six highlights:
1. Mr. Ishrak noted the first quarter results were strong and they are “confident in [their] ability to sustain this performance over the coming quarter,” according to the article.
2. Mr. Ishrak said the company will continue to emphasize value-based care in their offerings and create strategic partnerships that emphasize patient outcomes.
3. Medtronic’s first quarter results showed global revenue of nearly $7.17 billion.
4. Although revenue declined 1 percent from the same quarter in 2016, Medtronic’s net income rose.
5. A 13 percent increase, Medtronic’s net income increased to $929 million in the first quarter 2017.
6. The company’s spine division experienced a 6 percent decline, but the core spine business increased in the United States on a constant weeks basis because of product releases.
More articles on devices:
AJRR reaches new milestone with 500k+ procedures in system: 4 things to know
42 spine, orthopedic devices receive FDA 510(k) clearances in July 2016
Medtronic Q1 profits hit $929M, revenue down 1% to $7.1B: 8 things to know
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