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Small Town Company Thrives Against All Odds

August 31, 2011 By Bio-Medicine.Org

SIERRA MADRE, Calif., Aug. 31, 2011 /PRNewswire/ — In the
quaint little town of Sierra Madre, one budding business just
joined the ranks of companies such as Microsoft and Oracle. By
helping hospitals all over the country, Wound Care Advantage has
reached #316 on Inc. Magazine’s “500” list of the nation’s
fastest-growing companies. The recognition comes despite a volatile
healthcare industry and down economy. They were ranked #1,190 just
one year ago and are the only wound care company to make the 2011
list. Wound Care Advantage is thriving by helping hospitals keep
their doors open to fight the crippling complications of a deadly
disease – diabetes.

According to the Centers for Disease Control, diabetes is the
seventh leading cause of death. Currently, 60 million Americans are
prediabetic. Diabetes and other growing conditions are leading to
chronic wounds. Chronic wounds affect more patients than heart
attack and stroke victims combined. These non-healing wounds
account for $20 billion in healthcare expenditures and over 150,000
amputations every year. Wound care centers around the country are
being overwhelmed with this challenge as the recession and an
unpredictable industry give them a run for their money.

Wound Care Advantage is helping these medical centers fight back
by providing them with financial planning, management, marketing,
as well as equipment and training on new wound healing techniques.
WCA’s hospitals retain some of the highest profit margins in the
industry while simultaneously healing patients faster than ever
before.

The company’s success is in large part due to their emphasis on
technology. The company’s implementation of hyperbaric oxygen
therapy among other techniques has achieved an average healing time
of 34 days for wounds that traditionally took months to heal or
resulted in amputation. Their Cloud Wound Care technology
has cut costs and improved efficiency; it puts everything from
electronic medic

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SOURCE

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  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
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  • Applications
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    • Devices
    • Imaging
    • Implantables
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