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Slay the (Pressure Ulcer) Dragon
 

Slay the (Pressure Ulcer) Dragon

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Wound care IT software for the management and prevention of wounds, including pressure ulcers and chronic wounds. Nurse built, nurse powered. Proven to help clinicians and healthcare facilities ...

Wound care IT software for the management and prevention of wounds, including pressure ulcers and chronic wounds. Nurse built, nurse powered. Proven to help clinicians and healthcare facilities dramatically reduce pressure ulcer incidence and prevalence, improve time-to-heal, and reduce re-hospitalizations.

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  • Defining the Problem: Managing vulnerable patients who are risk for pressure ulcers (bed sores)—specific focus today is in nursing homes. The problem is: Significant, Permanent and Urgent Aging population Cost to heal a single Stage II or IV Pressure Ulcer ranges for $38-60K Reimbursement is fixed under Medicare and Medicaid) Risk & liability Avoidable or Unavoidable?
  • Defining the Problem: Managing vulnerable patients who are risk for pressure ulcers (bed sores)—specific focus today is in nursing homes. The problem is: Significant, Permanent and Urgent Aging population Cost to heal a single Stage II or IV Pressure Ulcer ranges for $38-60K Reimbursement is fixed under Medicare and Medicaid) Risk & liability Avoidable or Unavoidable?
  • Defining the Problem: Managing vulnerable patients who are risk for pressure ulcers (bed sores)—specific focus today is in nursing homes. The problem is: Significant, Permanent and Urgent Aging population Cost to heal a single Stage II or IV Pressure Ulcer ranges for $38-60K Reimbursement is fixed under Medicare and Medicaid) Risk & liability Avoidable or Unavoidable?

Slay the (Pressure Ulcer) Dragon Slay the (Pressure Ulcer) Dragon Presentation Transcript

  • SLAY THE DRAGON! pressure ulcer @woundrounds
    • Long-Term Care Hospitals Face Little Scrutiny
    • New York Times | February, 2010
      • Study Finds No Progress in Safety at Hospitals
      • New York Times | November, 2010
      • 60,000 deaths per year in the US are due to pressure ulcer complications
      • New England Journal of Medicine
      • The average treatment cost per pressure ulcer is $43,180 , costing the US $11 Billion per year
      • Centers for Medicare and Medicaid Services (CMS)
    The Challenge: Pressure Ulcers Take a Massive Toll
  • The Challenge: Pressure Ulcer Management Failure is Systemic
    • “ Nursing home per-patient clinical care of less than 4.1 hours per day raises the chance of malnutrition, dehydration , pressure ulcers and re-hospitalization .” Centers for Medicare and Medicaid Services, 2002
        • 85% of nursing homes do not meet CMS standard of 4.1 hrs/day
        • majority fall below the CMS minimum of 2.75 hrs/day:
        •   22%  had a high rate of avoidable hospitalization
        • 46%  had a high rate of pressure sores  
        • Centers for Medicare and Medicaid Services, 2001
    • Everett, WA Nursing Home Owner Settles Case For $3.5M January 20, 2011
    • Christus St. Vincent Regional Medical Center (NM) Slapped With $10.3M Penalty in Bed Sore Lawsuit February 11, 2011
    • 25% Turnover Among Christus St. Vincent Nurses, Lower Than Prior Year
    • February 27, 2011
    The Challenge: Pressure Ulcers Waste Lives and Resources
    • Key Statistics:
      • 16,000+ Skilled Nursing Facilities & Long Term Acute
      • $22 Billion Healthcare Info Technology Market
      • Paper -based regime
      • Low IT penetration: 2% spent/yr on Healthcare IT
      • RN shortage: 50% turnover
    “ Long-term care is the poster child for the cause of technology-enabled transformation in healthcare.” “ 2007 Report to the National Commission for Quality Long-Term Care” -BearingPoint The Market
  • The Impact of Pressure Ulcers on the Market
    • Pressure Ulcers: The Elephant in the Room
      • High Prevalence: 1.5 Million new pressure ulcers / year
      • High Cost: $11-$13B / $38-60K to treat each pressure ulcer *
      • High Risk: 60,000 deaths per yr / #2 reason for lawsuits
    • Pressure Ulcers Are ENDEMIC
      • Aging population (Graying Boomers)
    • Pressure Ulcers Are URGENT
      • Increase hospital stays by 80%
      • Increase mortality by 9%
    *stage III-IV
  • WoundRounds TM mobile solution drives wound prevention and wound management The Solution: WoundRounds TM RNs use PDAs bedside SaaS-based user-friendly reports
  • Real-World Clinical ROI: Pressure Ulcers of Every Stage Decline
    • wound costs /day:
      • Stage I $ 24
      • Stage II $ 47
      • Stage III $ 99
      • Stage IV $175
      • DTI/Other $ 50
    PRESSURE ULCERS
  • Hard-Dollar ROI: Bottom Line AND Top Line IMPACT MARGIN! $40k $100k $70k $100k $40k $70k
    • "Once you begin using WoundRounds™, you don't want to let go of it!" – Administrator
    • “ It is truly amazing what WoundRounds™ has done for us.” – Administrator
    • “ What used to take me hours, days and weekends, now takes me minutes. I don’t worry anymore. When you use WoundRounds™ you know you are on-target, on top of things.” – Wound Care RN
    • “ With WoundRounds™, we are catching wounds earlier in the patient's stay.” – Administrator
    • “ There is nothing out there like WoundRounds™”
    • – Director of Nursing
    Mission Impact: Raving Fans
  • [email_address] www.woundrounds.com 1721 Moon Lake Blvd., Suite 201 Hoffman Estates, IL @woundrounds