Dls Winger Ppt Ppt

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Opening Session at Diabetic Confernce Washinton, DC September, 2009

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Dls Winger Ppt Ppt

  1. 1. Administrative Symposium The Business of Running a Hospital-Based Wound and Limb Salvage Center: Breaking Down the Barriers and Navigating the Challenges
  2. 2. The National and Financial Impact of Wound Care on the Health Care System
  3. 3. Goals For Today <ul><li>Outline the national and financial impact of wound care </li></ul><ul><li>Discuss financial strategies/options to provide wound care including: </li></ul><ul><ul><li>Understanding the cost of care </li></ul></ul><ul><ul><li>the financial commitment necessary to operate a wound care center </li></ul></ul>
  4. 4. A Growing Need: <ul><li>Aging of America: 78 million baby boomers (born between 1946-1964) </li></ul><ul><ul><li>Estimated 2 million patients in US are candidates for wound care therapy </li></ul></ul>
  5. 5. A Growing Need: <ul><li>Epidemic increase in diabetes (21 million in US) </li></ul><ul><ul><li>1of every 8 federal health care dollars is spent on diabetes treatment </li></ul></ul><ul><li>Obesity </li></ul><ul><li>Hospital-acquired infections </li></ul>
  6. 6. The Wound Care Market <ul><li>Majority of wound patients have: </li></ul><ul><ul><li>Chronic venous insufficiency and/or </li></ul></ul><ul><ul><li>Peripheral artery disease </li></ul></ul><ul><li>Other causes: </li></ul><ul><ul><li>Diabetes </li></ul></ul><ul><ul><li>Pressure ulcers </li></ul></ul><ul><ul><li>Surgery, trauma, burns </li></ul></ul>
  7. 7. The Cost of Wound Care <ul><li>Wound care products cost the US healthcare system over $7 billion </li></ul><ul><li>Additional costs associated with complications from infection, extended physician care, lengthy hospital stays bring total to $20 billion </li></ul>
  8. 8. Urgent Need: <ul><li>Reduce rising costs of treatment by reducing the length of patient treatment cycles and improving infection management </li></ul><ul><li>Implement more cost-effective wound treatment programs that prioritize wound prevention, early intervention, and faster healing times </li></ul>
  9. 9. The Wound Care Market <ul><li>Advanced Wound Care Technologies </li></ul><ul><ul><li>Moist wound dressings (hydrogels, hydro-colloids, alginates, foams and transparent films </li></ul></ul><ul><ul><li>Antimicrobial dressings delivering substances to the wound </li></ul></ul><ul><ul><li>Biological products such as skin substitutes, tissue-engineered products and </li></ul></ul><ul><ul><li>growth factors </li></ul></ul>
  10. 10. The Wound Care Market <ul><li>Advanced Wound Healing Techniques </li></ul><ul><ul><li>Negative pressure wound therapy (NPWT) </li></ul></ul><ul><ul><li>Oxygen therapy (HBOT) </li></ul></ul><ul><ul><li>Low level laser therapy (LLLT) </li></ul></ul><ul><ul><li>Therapeutic ultrasound </li></ul></ul>
  11. 11. A Growing Market: <ul><li>Total commercial market for advanced wound care products projected at $12.5 billion by 2012 </li></ul><ul><ul><li>US market fastest growing segment (10%+ per year) at $4.6 billion </li></ul></ul><ul><li>Wound care dressings, sealants, anti-adhesion products 59% of market </li></ul><ul><li>Wound healing devices 41% of revenues </li></ul><ul><li>at $1.1 billion </li></ul>
  12. 12. Conflict Between Cost & Quality of Care <ul><li>Nearly 21 million people in the United States have diabetes. </li></ul><ul><li>One of every eight federal health care dollars is spent treating people with the disease </li></ul>
  13. 13. Conflict Between Cost & Quality of Care <ul><li>CMS coverage for wound care in National Coverage Determination (NCD) </li></ul><ul><ul><li>“ is the evidence for any specific modalities adequate to demonstrate improved health outcomes for selected wound patients” </li></ul></ul><ul><ul><li>To provide an effective treatment option for a patient’s condition in a manner that is cost-effective and beneficial to all parties </li></ul></ul>
  14. 14. Conflict Between Cost & Quality of Care <ul><li>Cost of advanced wound care </li></ul><ul><ul><li>Evidence of accelerated healing with new technologies? </li></ul></ul><ul><ul><li>Shorter treatment times? </li></ul></ul><ul><ul><li>Better quality of life for patients </li></ul></ul>

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