ANNOUNCEMENT

Take a look at the MedCity ENGAGE program, with expert speakers from leading organizations. Reserve your place today.

Medtronic’s Ishrak crystalizes new place in healthcare: We’re not a medical device provider

Medtronic’s Ishrak crystalizes new place in healthcare: We’re not a medical device provider

April 8, 2013 5:50 pm by | 3 Comments

Medtronic CEO Omar Ishrak summed up the changes underway at medical device companies like his in a few succinct minutes on Monday at the World Health Care Congress in Washington, ... Read more

Medtronic, Aetna CEOs aren’t the only execs tweeting, here are 8 more to follow

Medtronic, Aetna CEOs aren’t the only execs tweeting, here are 8 more to follow

September 6, 2012 1:24 pm by | 2 Comments

In other industries like tech and media, all of the big players’ CEOs are on Twitter – Marissa Mayer, Steve Forbes and Michael Dell, just to name a few. But ... Read more


Covidien executive echoes Medtronic CEO Omar Ishrak in describing fundamental shifts in healthcare

Covidien executive echoes Medtronic CEO Omar Ishrak in describing fundamental shifts in healthcare

August 10, 2012 1:43 pm by | 0 Comments

In talking about the medical device industry’s role in the rapidly shifting healthcare industry, the president of Covidien’s Global Vascular Therapies business sounded a lot like Medtronic CEO Omar Ishrak.“We ... Read more

A tweet shows how world expects repeat of GE performance from Medtronic’s Ishrak

A tweet shows how world expects repeat of GE performance from Medtronic’s Ishrak

July 13, 2012 2:11 pm by | 0 Comments

A little over a year ago, Medtronic brought in a complete outsider to reinvigorate a company whose biggest divisions were slowing down.Omar Ishrak is known for having engineered a small ... Read more

Medtronic to partner with payers globally to leverage outcomes data

Medtronic to partner with payers globally to leverage outcomes data

May 22, 2012 10:54 am by | 0 Comments

Here’s another indication that the old models of healthcare are crumbling.In a conference call to discuss fourth quarter results, Medtronic CEO Omar Ishrak announced that the company is pursuing partnerships ... Read more

Medtronic CEO Omar Ishrak wields IT department as tool for growth

Medtronic CEO Omar Ishrak wields IT department as tool for growth

April 26, 2012 3:42 pm by | 0 Comments

A company’s IT department can be a place where operational efficiencies can be achieved, but Medtronic (NYSE:MDT) CEO Omar Ishrak wants to wield IT as a tool for growth too.A ... Read more

How low can you go?  Creating value with cheap medical devices

How low can you go? Creating value with cheap medical devices

February 7, 2012 7:51 am by | 0 Comments

...we ask ourselves whether the small emerging med-tech company can achieve success (and funding) with a ’tons cheaper’ value proposition. In theory, any company starting fresh with design and manufacturing ... Read more


Medtronic wants to trim a quarter of costs on top of $1B already cut

Medtronic wants to trim a quarter of costs on top of $1B already cut

November 28, 2011 4:42 pm by | 0 Comments

In an earnings call last week, Medtronic (NYSE:MDT) CEO Omar Ishrak announced he was challenging the medical device maker to cut 25 percent of its costs — up to $1.3 ... Read more

Omar Ishrak: Medtronic won’t spin off spine business; will try to sell Physio-Control

Omar Ishrak: Medtronic won’t spin off spine business; will try to sell Physio-Control

November 1, 2011 1:08 pm by | 0 Comments

It’s unlikely that Medtronic will be going the way of Abbott Labs, which recently separated its drug business from the rest of its operations, any time soon.Despite suggestions that Medtronic ... Read more

Medtronic CEO: Medical technology without regard to cost not sustainable

Medtronic CEO: Medical technology without regard to cost not sustainable

October 4, 2011 4:49 pm by | 3 Comments

Any new products introduced by medical device companies must not only have clinical value, but they must deliver economic value to customers, Medtronic (NYSE:MDT) CEO Omar Ishrak said at the ... Read more

New CEO Ishrak sees Medtronic growing globally (Weekend Rounds)

New CEO Ishrak sees Medtronic growing globally (Weekend Rounds)

September 17, 2011 8:50 am by | 0 Comments

Life science current events this week include a MedCity News exclusive interview with Medtronic CEO Omar Ishrak, GSK's new drug marketing model, and the medical device industry in India. ... Read more

Omar Ishrak’s Medtronic: Bigger in India, with more R&D hiring in Asia

Omar Ishrak’s Medtronic: Bigger in India, with more R&D hiring in Asia

September 11, 2011 10:25 am by | 1 Comments

Omar Ishrak’s global ambition for Medtronic (NYSE:MDT) includes two targets.First, it’s India: a nation Ishrak describes as the “biggest hole” in the Minnesota company’s global operations.Secondly, it’s the engineers and ... Read more

Omar Ishrak: Medtronic must take advantage of ‘highly mobile’ world

Omar Ishrak: Medtronic must take advantage of ‘highly mobile’ world

September 11, 2011 10:10 am by | 0 Comments

Medtronic (NYSE:MDT) intends to use health IT solutions to broaden the company’s historic focus from being a primarily therapy-oriented company and find ways to generate more revenue from existing patients ... Read more

Medtronic CEO Omar Ishrak talks healthcare reform, Infuse and beyond

Medtronic CEO Omar Ishrak talks healthcare reform, Infuse and beyond

September 11, 2011 10:00 am by | 1 Comments

Medtronic CEO Omar Ishrak sat down with MedCity News last week for a wide-ranging interview that touched on topics that included the Infuse controversy to healthcare reform to the future ... Read more

Growth is the deity Medtronic CEO Omar Ishrak will worship

Growth is the deity Medtronic CEO Omar Ishrak will worship

August 23, 2011 11:43 am by | 2 Comments

In his debut earnings call with analysts Tuesday, Medtronic (NYSE:MDT) CEO Omar Ishrak repeatedly said that a singular focus on growth would be his top priority to transform the company ... Read more