Manage episode 232126516 series 2123991
Skin care and wound care affects each and every one of the patients DMEPOS providers work with. The global wound care and wound management market will expand at a compound annual growth rate of 4.3 percent, from $33.9 billion in 2017 to $45.5 billion by 2024, according to research from data and analytics firm GlobalData. There are multiple patient groups that need wound care services. With the right level of commitment, a provider can become an expert resource for wound care products and supplies in its footprint.
VGM recently launched a brand new wound care offering for members, VGM Wound Care. Categories of wound care covered in the program include dressings, therapeutic support surfaces, negative pressure wound therapy (NPWT), ostomy, compression and nutrition. Each category includes support materials covering billing, incremental growth products, policies, education materials, vendor/product list, and profitability calculator, to name a few.
Our expanded, robust program can help VGM members effectively offer wound care products and services to fulfill patients’ needs, all while developing another revenue stream to increase business. The time is right to consider diversifying product selection and incorporating wound care into providers’ product mix.