Helps protect healthcare systems against reoperation costs for hip fractures
Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology business, today announced the launch of its new INTERTAN Product Assurance (IPA) Program at the Orthopaedic Trauma Association Annual Meeting in Denver, CO. This first-of-its-kind program centers on the superior performance of the TRIGEN INTERTAN Intertrochanteric Hip Fracture Nail– a clinically proven product that yields better outcomes versus competitive single-screw devices.3
The hip fracture market is growing rapidly, with more than 300,000 procedures in the US alone every year.4 With an estimated annual cost of $12-15 billion and an average reoperation rate of 6.6%, they are among the most expensive fractures to care for in the healthcare system.1,2 The IPA Program is structured to help mitigate this expense by potentially reducing the overall reoperation rate. In the instance that an implant fails to perform as expected, Smith+Nephew will refund the cost of the implant (to the facility) for 12 months following the patient’s procedure.
The clinical superiority of the TRIGEN INTERTAN Intertrochanteric Hip Fracture Nail is what makes the IPA Program possible. In a meta-analysis published in Rheumatology and Orthopedic Medicine, the implant, which uses a Smith+Nephew proprietary Integrated Compression Screw, outperformed other intertrochanteric nails using a traditional single screw. The results showed INTERTAN significantly reduced the risk of implant related failures by 81% (p<0.00001) and revision surgery by 65% (p<0.0001)* when compared to single-screw nails.3
TRIGEN INTERTAN Intertrochanteric Hip Fracture nail is proven to have1
- A lower risk of implant failure and non-union
- Reduced postoperative pain
- Faster time to fracture union, and
- Proven high return pre-fracture status
“We feel that TRIGEN INTERTAN is the best hip fracture nail on the market, and we’re willing to back that up with a program that underscores our confidence,” said Craig Gaffin, Vice President and General Manager for Trauma and Extremities at Smith+Nephew. “The clinical evidence supporting its efficacy is overwhelming. Better patient outcomes mean better outcomes for hospitals, and we are thrilled to pass along these savings to the US healthcare system.”2
*Pooled Results
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About Smith+Nephew
Smith+Nephew is a portfolio medical technology business that exists to restore people’s bodies and their self-belief by using technology to take the limits off living. We call this purpose ‘Life Unlimited’. Our 16,000+ employees deliver this mission every day, making a difference to patients’ lives through the excellence of our product portfolio, and the invention and application of new technologies across our three global franchises of Orthopaedics, Advanced Wound Management and Sports Medicine & ENT. Founded in Hull, UK, in 1856, we now operate in more than 100 countries, and generated annual sales of $4.9 billion in 2018. Smith+Nephew is a constituent of the FTSE100 (LSE:SN, NYSE:SNN). The terms ‘Group’ and ‘Smith+Nephew’ are used to refer to Smith & Nephew plc and its consolidated subsidiaries, unless the context requires otherwise.
For more information about Smith+Nephew, please visit www.smith-nephew.com and follow us on Twitter, LinkedIn, Instagram or Facebook.
Forward-looking Statements
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Reference
1. Mundi S et al. Similar mortality rates in hip fracture patients over the past 31 years: a systematic review of RCTs. Acota Orthopaedica 2014; 85(1): 54-59.
2. Cost-Effectiveness Analysis of Fixation Options for Intertrochanteric Hip Fractures Eric Swart, MD, Eric C. Makhni, MD, MBA, William Macaulay, MD, Melvin P. Rosenwasser, MD, and Kevin J. Bozic, MD, MBA
3. Nherera LM, Trueman P, Horner A, Johnstone AJ, Watson JT. A meta-analysis of integrated compression screw compared to single screw nails using a single lag screw or single helical blade screw for intertrochanteric hip fractures. Rheumatol Orthop Med 2018; 3(4): 1-10. doi: 10.15761/ROM.1000156
4. Armin Arshi, MD, Kevin Rezzadeh, BA, Alexandra I. Stavrakis, MD, Susan V. Bukata, MD, and Erik N. Zeegen, MD. Standardized Hospital-Based Care Programs Improve Geriatric Hip Fracture Outcomes: An Analysis of the ACS NSQIP Targeted Hip Fracture Series. J Orthop Trauma 2019 Jun; 33(6): e223-e228. doi: 10.1097/BOT.0000000000001443