Medtronic is a leading manufacturer of implantable biomedical devices.
The company was founded in 1949 by Earl Bakken and Palmer Hermundslie as a medical equipment repair store.
Through their business the partners met Dr. C. Walton Lillehei. Dr. Lillehei was a heart surgeon and was frustrated with the pacemakers of the day. He asked Bakken to develop a battery-powered pacemaker.
Bakken did so, and the company improved upon the design through research, eventually designing the first implantable pacemaker in 1960.
Today Medtronic operates in segments: Cardiac and Vascular Group and Restorative Therapies Group. The first produces catheters, stents, valves, balloons, and surgical technologies used to treat vascular and cardiac diseases. The latter makes nerve and brain stimulation devices, implantable drug delivery systems, products used to manage diabetes, and surgical devices for ear, nose, and throat and spinal conditions.
Medtronic is publicly traded on the New York Stock Exchange under the symbol MDT, is a member of the S&P 500, is #172 in the Fortune 500, has 45,000 employees, and had $17 billion in revenue in 2013.
MedtronicMedtronic is a leading manufacturer of implantable biomedical devices.
The company was founded in 1949 by Earl Bakken and Palmer Hermundslie as a medical equipment repair store.
Through their business the partners met Dr. C. Walton Lillehei. Dr. Lillehei was a heart surgeon and was frustrated with the pacemakers of the day. He asked Bakken to develop a battery-powered pacemaker.
History
Bakken did so, and the company improved upon the design through research, eventually designing the first implantable pacemaker in 1960.
Today Medtronic operates in segments: Cardiac and Vascular Group and Restorative Therapies Group. The first produces catheters, stents, valves, balloons, and surgical technologies used to treat vascular and cardiac diseases. The latter makes nerve and brain stimulation devices, implantable drug delivery systems, products used to manage diabetes, and surgical devices for ear, nose, and throat and spinal conditions.
Medtronic is publicly traded on the New York Stock Exchange under the symbol MDT, is a member of the S&P 500, is #172 in the Fortune 500, has 45,000 employees, and had $17 billion in revenue in 2013.
Marcia Krantz says
Where are the field people, Jessica and Kim, who should be available to assist customers? AWOL. Dr. J. Fallon has contacted Kim several weeks ago about my need for assistance with my pump and I am still waiting. Your company is delinquent.
Saundra Heckman says
I called last Thursday for an insertion device for my infusion part of my new pump. I was told that it wasn’t covered by my insurance and I agreed to pay for it and gave my credit card information. I also said that I would pay an additional $12 to have it sent over night. saw the UPS delivery notification and the delivery date was the 10th of July not the overnight that I requested. So I called again and was told that the first person I talked with had not charged me for the overnight but that they would stop the first package and send a different one overnight. I should have got it Saturday and I still haven’t received it. This is not good business and I wish I would have gone with my medical supplier not your company.
Michelle St. Maria says
II called about 3-10 days ago regarding out of a box of 5 sensors, 2 only lasted 4 days. I originally spoke with Daniel and had to ask to speak to a manager or supervisor due to Daniel would not allow me to finish my sentence. I spoke to a supervisor, sorry didn’t catch the name, and was sent a box sensors. My sensor expired today and I realized that the box of sensors sent is model #7020A instead of #7008. I asked to speak to a manager and Pola or Bola wouldn’t get a manager until she accessed my account, even though I specifically asked to speak to a manager. I waited almost 15 minutes and Karen, a technician, answered the phone to assist me. I not only did not appreciate not speaking to a manager but I didn’t appreciate speaking to Karen who was quite flip on the phone with me. I have now waited almost another 15 minutes and I have not received a return call. I am without any sensors, and quite frankly I am quite tired of the fact that I’m either without sensors or the sensors don’t last. Your company was highly recommended to me by my physician as one of the best insulin pumps out there. Unfortunately, I at this point I would not agree.
janice says
$750. that is all you get for damages is that what your life and pain is worth. that is what I’m offered .I will write everyone and them know what I think and how little people if they are
hurt from their product I asked $250.000. It is like we do not care who is hurt offer them nothing but how does the attorney general feel or the news media. Maybe you should worry when I start talking . thank you Janice biermann
janice says
You know with all the problems I had with the spinal stimulator all I’m offered from you is $750. that is a kick in the teeth .I think I may send this over to the attorney General an to the news channels for them to hear my story. All I wanted was $250 ooo.oo and know fights in court. enough to pay my bills and just help recover some loss time . You are so in sensitive
and I hope someday you will not be in my shoes. I just might send it back and say shove it
Holly Hillmann says
I have written several letters and email. I would like for someone from Corp. to call me that is going to give me the time of day to list to my concerns. my name is Holly Hillmann Calvert City Ky 42029 270 906-XXXXX
janice says
I forgot to tell you my phone number 573-898-XXXXX.Some people may care but I haven’t found anyone who has so far because it is all about greed. thank you
Calvin says
The wait time for the Medicare order supplies agents to pickup is horrible I waited yesterday for a hour listening to music and no one never picked up the phone. I’m on hold as I write this comment it been 30 minutes so far