Tag: Wound Care
Coloplast divests skin care biz
December 5, 2024HME News Staff
MINNEAPOLIS – Coloplast has divested its core Skin Care business to focus on its Advanced Wound Care business. Revenue from the core Skin Care business amounted to around DKK 400 million in FY 2023/24, with an operating profitability level significantly below the group EBIT margin. Coloplast’s FY 2024/25 financial guidance of organic revenue growth of 8% to 9% and an EBIT margin before special items of around 28% is unchanged and already includes the divestment. This simplification of...
Belluscura looks to wound care market
December 4, 2024HME News Staff
LONDON - Belluscura has entered into a joint venture with Separation Design Group and an undisclosed major medical device company to develop oxygen-based wound care solutions. The collaboration aims to address the growing wound care market through innovative treatments, including continuously diffused oxygen (CDO) therapy, which has shown potential in healing chronic wounds such as diabetic foot ulcers. The joint venture, in which Belluscura will act as the original equipment manufacturer (OEM),...
ChartPath, WoundZoom partner on wound care
September 5, 2024HME News Staff
AUSTIN, Texas, and BOCA RATON, Fla. – ChartPath, a provider of electronic health record (EHR) solutions for long-term and post-acute care practices, has announced a strategic partnership with WoundZoom, a provider of digital wound management solutions. The collaboration will combine ChartPath's user-friendly EHR platform with WoundZoom's advanced wound care technology. "Combining WoundZoom's advanced wound care solutions with ChartPath's EHR capabilities, we're creating...
Value-based care: Embrace generic writing
August 5, 2024Kaitlyn Rios
Q. How can providers better support HME companies in value-based care models when it comes to wound care order writing and diagnosis listing in the medical record?
A. Generic order writing is really the key here. With thousands of wound care products on the market and new HME companies cropping up daily, one can imagine it becomes increasingly difficult for the key players in the industry to keep up. When providers implement generic wound product order writing as routine practice, it can significantly...
MediWound raises $25M
July 16, 2024HME News Staff
YAVNE, Israel – MediWound has entered into a definitive purchase agreement with several new and existing investors, including Mölnlycke Health Care, a medtech company specializing in solutions for wound care and surgical procedures. MediWound plans to use the $25 million in gross proceeds from the private investment in public equity (PIPE) to advance EscharEx pre-commercial activities and support general corporate purposes. “We are proud to have the strong support of Mölnlycke,...
Wound Pros taps new medical director
June 27, 2024HME News Staff
LOS ANGELES – The Wound Pros has appointed Dr. Richard Park as medical director. Park brings a wealth of experience in internal medicine and hospital care to the company, which specializes in treating and managing non-healing wounds in long-term care facilities. Park earned his medical degree from Flinders University School of Medicine in Australia and completed his Internal Medicine residency at Good Samaritan Hospital, which is affiliated with Johns Hopkins University School of...
Swift Medical names new CEO, CTO
June 26, 2024HME News Staff
TORONTO – Swift Medical, a digital health technology company focused on improving clinical outcomes in chronic and acute wound care, has named Dwayne Sansone as CEO and Stratos Davlos as CTO. Sansone brings more than 25 years of experience to Swift Medical, including significant expertise in the health care industry, as well as public accounting, Wall Street investment banking and senior leadership roles with top health insurance payers. "I feel privileged to join Swift Medical at this...
RestorixHealth, Accurate Healthcare partner
April 30, 2024HME News Staff
METAIRIE, La., and NASHVILLE, Tenn. – RestorixHealth, a national wound care solutions company, will no longer provide Part B product supplies to residents in skilled nursing facilities as part of a new strategic agreement with Accurate Healthcare. The agreement will expand Accurate’s services and, when combined with its current offerings of specialized DME and respiratory equipment, will position the company as a scaled, complete one-stop-shop for skilled nursing facilities, it...
Cork Medical recognized as best place to work
April 11, 2024HME News Staff
INDIANAPOLIS, Ind. – Cork Medical, a provider of wound care solutions, has made the 2024 Indiana Chamber of Commerce Best Places to Work list. The list recognizes and celebrates businesses for creating cultures that attract and retain employees. “We are so excited to join the list of Best Places to Work in Indiana for the first time,” said Blair O’Reilly, human resource manager. “We have an incredible team, and I want to thank each of them for making this honor possible....
Encore buys Primus
March 19, 2024HME News Staff
CLEVELAND – Encore Clinical Holdings Corp. has acquired Primus Wound Care, establishing the company as the largest provider of wound care in Ohio, it says. The acquisition not only expands Encore’s footprint but also increases the volume of patients served, with the company’s clinicians now seeing an average of 6,000 wounds per week across Ohio and Pennsylvania. "Primus Wound Care founder Dan Borison built a great company, whose greatest asset is a tremendous team of clinicians,...