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Medtronic RTG - Restorative Therapies Group

Is the restructuring a good or bad move?

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RTG currently consists of:

  1. Spine & Biologics (Sofamor Danek),
  2. Pelvic Health & Gastro
  3. Ear, Nose & Throat (Xomed)
  4. Pain Therapies
    1. Stimulation
    2. Targeted Drug Delivery (Drug Pump)
    3. Interventional
  5. Brain Therapies
    1. Enabling Technologies (Surgical Navigation)
    2. Neurosurgical Technologies (Advanced Energy, tissue ablation)
    3. CSF Management & Critical Care (Hydrocephalus, and Neuro-Critical Care)
    4. Brain Modulation
    5. Neurovascular

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Nothing like rockin' 2% growth in RTG....

I own MDT stock and have been confused with the division changes at Medtronic. Can someone out there explain what the RTG division sells and why the growth rate is this low for the division?

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That was forever ago and was prior to Medtronic owning Covidien.

That's reassuring because Medtronic is never in the news for anything like that. I trust that their compliance program is solid!

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Yes. A former sales rep for Covidien's vascular business accused the company of wrongful termination after it fired him for blowing the whistle to the FBI on an alleged kickbacks scheme.

That was forever ago and was prior to Medtronic owning Covidien.

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Kickback schemes?

Yes. A former sales rep for Covidien's vascular business accused the company of wrongful termination after it fired him for blowing the whistle to the FBI on an alleged kickbacks scheme.

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Bahahahahahahahaha. Is that 25% because of the kickback schemes? Or are you just really good at selling used cars

Kickback schemes?

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RTG does 25% of Medtronic's business. NMD is on the up and the opportunity in brain is significant. Spine is the wildcard. Omar needs to **** or get off the pot with that business.

Bahahahahahahahaha. Is that 25% because of the kickback schemes? Or are you just really good at selling used cars

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division is a complete mess Regional managers are providing strategic direction on businesses they know zero about since the restructure.

RTG does 25% of Medtronic's business. NMD is on the up and the opportunity in brain is significant. Spine is the wildcard. Omar needs to **** or get off the pot with that business.

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Is there a hiring freeze going on in the Restorative Therapy group? I interviewed in January and the manager told my recruiter the job was being put on hold and the recruiter said neither the other candidate or myself are still waiting to hear from him. Is the division doing bad? very annoying...I was pumped for this job...

I believe hiring freeze is expected to end in May but with Cov's medical supply business being on the market there is talk of a restructuing between RMS and RTG. I have no clue how it would shake out though.

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Is there a hiring freeze going on in the Restorative Therapy group? I interviewed in January and the manager told my recruiter the job was being put on hold and the recruiter said neither the other candidate or myself are still waiting to hear from him. Is the division doing bad? very annoying...I was pumped for this job...

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All you have to do is look at the latest earnings. RTG is getting smoked with the BU down 2%. It is only a matter of time before moves are made.

-2% is not the end of the world brotha

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I just heard layoffs happening in RTG. Any truth to it?

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division is a complete mess Regional managers are providing strategic direction on businesses they know zero about since the restructure.

What businesses are regionals giving advice on where they aren't informed?

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Clever

division is a complete mess Regional managers are providing strategic direction on businesses they know zero about since the restructure.

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