June 2017

Responsive Orthopedics Merger

United States - Minnesota

Responsive Orthopedics sold to Medtronic, Inc., a Minnesota based medical device company. Faegre Baker Daniels represented Responsive Orthopedics in the sale.

Responsive sells its total knee replacement program to hospitals participating in federal bundling programs. The acquisition is part of Medtronic's "value-based healthcare" strategy, an initiative to lower healthcare costs by bundling services and medical devices while maintaining quality of care standards. 
