70.9%
Arterial Ulcer
Our program results in tangible cost savings for our clients collectively across our markets, alleviating the pressure on the health car economy and our patients.
Arterial Ulcer
Diabetic Ulcer
Pressure Ulcer
Surgical Wound
Venus Ulcer
Calculation methodology:
The benefits calculation is based on industry average figures* with inflation factored in; WT averages are based on 12 months rolling numbers (Jan-Dec 2021) for visits and the cost per patient for that period.
*Nussbaum SR, Carter MJ, Fife CE, etal. An economic evaluation of the impact, cost, and Medicare policy implications of chronic nonhealing wounds. Value Health 2018;21:27–32; Ma H, O’Donnell TF Jr, Rosen NA, Iafrati MD. The real cost of treating venous ulcers in a contemporary vascular practice J Vasc Surg Venous Lymphat Disord. 2014 Oct; 2(4):355-61
Woundtech advance clinicians manage wounds with evidenced-based practice and patient-indicated therapies, which improves quality of life and reduces barriers to care at the best value. Woundtech’s clinicians are wound care trained Podiatrists, Nurse Practitioners and Physician Assistants with the ability to change and write orders at the point of care. They collaborate care with regional medical directors, case managers and patient care coordinators to provide ongoing care monitoring and adjust plans of care on a case-by-case basis.
Using a formulary of more than 125 different advanced high-quality wound care products in 14 categories, Woundtech’s clinician team delivers patient-centric, concierge care wherever patients reside. Using evidence based clinical algorithms configured with Woundtech’s proprietary Sequential Assisted Logic and Clinical Alerts, utilizing machine learning and Artificial Intelligence (AI), Woundtech takes precision wound care to new levels, healing patients faster and delivering better outcomes at the best value. This model improves healing rates and helps reduce wound-related infections, hospitalizations and amputations. You may learn more the importance of early referrals by downloading this case study.
The key to effectively managing wound care and its resulting expenses is early intervention. Late treatment means astronomically higher costs and, frequently, amputation. Studies show that between 52% and 80% of diabetic patients who get a below-the-knee amputation die within five years. Wound care is a race that patients cannot afford to lose.
By treating patients where they live, Woundtech’s approach eliminates many of the challenges of wound care while ensuring true health equity.
Woundtech provides care that is adjunctive to patients’ primary care provider (PCP). The PCP retains overall management of the patient, while Woundtech communicates with the PCP regarding the patient's progress. Woundtech’s goal is to heal patients so they can return to the care of their PCP.
Woundtech | Home Health | |
---|---|---|
Providers |
MDs, DPM, NP, PA |
RN, LPN, MAs & Non-medical Providers |
Write orders including advanced testing |
Yes |
No |
Follow advanced evidence-based wound care protocols |
Yes |
No |
Advanced wound care education & training |
Yes |
Unlikely |
Weekly continuing wound care education |
Yes |
No |
Access to advanced wound care product formulary |
Yes |
No |
Perform wound procedures such as debridement |
Yes |
No |
Dedicated wound care EMR |
Yes |
No |
Internal clinical support services (LCs, CMs, and PCCs) |
Yes |
No |
Dedicated long-term care pathway |
Yes |
No |
Only provide care to home-bound patients |
No |
Yes |
California | Nevada | Utah |
Arizona | Texas | Florida |
Puerto Rico |