How Healing Chronic Wounds Could Raise Your Bottom Line
Dr. Buck is a physician executive at UnitedHealthcare and board-certified plastic and reconstructive surgeon. Prior to UnitedHealthcare, he served as Assistant Professor in the Division of Plastic and Reconstructive Surgery at Washington University School of Medicine in St. Louis, MO.
Wound care represents an estimated annual cost of $28 billion, according to the Alliance of Wound Care Stakeholders. As healthcare costs continue to rise, and revenues steadily decrease due to the growth of value-based care and the effects of COVID-19, healthcare organizations are in a hurry to find innovative ways to minimize costs, save time and improve clinical outcomes.
One strategy is to promote cost-effectiveness in wound care in terms of both efficacy and economy, according to the journal article, Cost-Effectiveness of Wound Care*.Dr. Buck explores this strategy, and shows participants how healing wounds will raise their bottom line. In this webinar, he reviews:
Wound care costs compared to overall hospital expenses
Common wounds that fail with multiple prior treatments
Why wounds continue to fail
Disparity between high-cost wound care treatments and low reimbursements
Healing wounds as a strategy to minimize costs and save time
*Published in the National Center for Biotechnology Information
ETS Wound Care is a privately held medical device company developing next generation treatments for wound healing with borate-based bioactive glass technology. ETS Wound Care is committed to investing a significant portion of its profits back into local and global communities through charitable contributions. Learn more at tkdfoundation.org.