Woundtech

Name

Woundtech

Legal name

Wound Technology Network, Inc.

Website

https://woundtech.net

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Mobile Wound Care Services

NAICS

Home Health Care Services (62161), Ambulatory Health Care Services (621)

SIC

Services-Home Health Care Services (8082), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Home-Based Wound Care & Ostomy Nursing (HLADAFAH)

akta.pro secondary industries

Ambulatory Wound Care & Hyperbaric Oxygen Therapy Centers (HLAFABAG), Wound Care & Diabetic Foot Infection (HLAKAGAK)

Keywords

• Mobile wound care
• Advanced wound management
• Value-based wound care
• Chronic wound treatment
• Specialty wound care services

Headquarters

HQ city

Hollywood

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Value-Based Care Reimbursement: Woundtech operates under value-based care arrangements with health plans, accepting bundled rates, episodic payments, and capitation models. This enables them to demonstrate cost savings and improved outcomes while generating revenue through quality-based reimbursement.
2. Fee-for-Service Medicare: In certain geographies, Woundtech provides services under Original Medicare fee-for-service model in addition to value-based arrangements.
3. Insurance Reimbursement: Contracted in-network with 360+ health plans including Managed Medicaid, Medicare Advantage, and Commercial Plans to ensure services are covered benefits for patients.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Woundtech provides advanced, evidence-based mobile wound care delivered directly to patients wherever they reside (homes, skilled nursing facilities, assisted living communities) through specialty providers. Services include comprehensive wound assessment, debridement, treatment planning, advanced modalities such as Negative Pressure Wound Therapy and bacterial fluorescence imaging, and care coordination, all supported by a proprietary EHR with AI-enabled clinical pathways and predictive analytics. The company contracts with 360+ health plans to deliver covered benefits and partners with PCPs, hospitals, and home health agencies for patient referrals.

Product overview

Woundtech offers a unified mobile wound care platform centered on its Advanced Mobile Wound Care service, delivering specialized, evidence-based wound treatment directly to patients at home. The core offering is complemented by a proprietary EHR system that enables clinical pathways, outcome measurement, and AI-powered clinical alerts and recommendations. Key service modules include Specialist Wound Care Services for complex wounds (diabetic ulcers, pressure injuries, venous/arterial ulcers), advanced treatment modalities such as Negative Pressure Wound Therapy and bacterial fluorescence imaging, and telemedicine consultations for case reviews. The ecosystem includes the Woundhub Referral Portal for electronic referral intake and Patient Care Navigator services for care coordination. The company was founded in 1999 and has delivered over 2 million documented wound care encounters.

Differentiator

Problem solved

Functional benefit

Products and services

• Advanced Mobile Wound Care Woundtech's primary service delivering specialized, advanced wound care directly to patients wherever they reside using evidence-based treatment pathways, proprietary wound care products, and technology tools. Services include comprehensive wound assessment, treatment planning, debridement, and ongoing care management.
• Specialist Wound Care Services Specialized wound care treatment for complex wounds including venous/arterial ulcers, diabetic ulcers, pressure injuries, surgical wounds, and non-healing wounds. Delivered by advanced practice providers (NPs, PAs, DNPs, DPMs) who can independently assess wounds, develop treatment plans, perform debridement, and prescribe medications.
• Negative Pressure Wound Therapy (NPWT) Advanced wound treatment utilizing specialized vacuum-assisted devices to promote healing by removing exudate, reducing edema, and encouraging granulation tissue formation. Woundtech providers can evaluate, initiate, and oversee NPWT.
• Bacterial Fluorescence Imaging Advanced diagnostic imaging technology used to detect bacterial presence in wounds for infection identification and management.
• Telemedicine Consultations Telehealth services for case consultations and infectious disease consultations, delivered via telephone or video conferencing technology when in-person assessment is not required.
• Woundhub Referral Portal Online referral portal enabling healthcare providers to submit patient referrals to Woundtech electronically at woundhub.woundtech.net.
• Woundtech Patient Care Navigator Care coordination service where Patient Care Navigators contact patients to schedule assessments, verify insurance authorization, and serve as primary points of contact for scheduling needs throughout the care journey.

Quantifiable outcome

• 53% faster healing rate than industry average; heals wounds in 51 days vs 107 days national average
• +5 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature5 records

Partnerships

Twelve partnerships are on record, tiered major, regional and strategic.

• WellCaremajorGTM or Marketing PartnerHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
• United HealthmajorGTM or Marketing PartnerHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
• OptummajorGTM or Marketing PartnerHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
• Molina HealthcaremajorGTM or Marketing PartnerHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
• HumanamajorGTM or Marketing PartnerHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
• CignamajorGTM or Marketing PartnerHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
• AnthemmajorGTM or Marketing PartnerHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
• BlueCross BlueShieldmajorGTM or Marketing PartnerHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
• Florida BlueregionalGTM or Marketing PartnerRegional health plan partner providing coverage for Woundtech's wound care services in Florida markets
• Blue Shield of CaliforniaregionalGTM or Marketing PartnerRegional health plan partner providing coverage for Woundtech's wound care services in California markets
• AMERIGROUPregionalGTM or Marketing PartnerHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
• CenterWell Primary Care (Humana)strategicStrategic or Co-development PartnerCEO Christian Rodriguez previously served as President at CenterWell Primary Care Florida (Humana Inc. owned entity), where he drove revenue growth from $270M to $390M. CEO has deep relationships in this market.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Healogics: Largest US provider of advanced wound care services operating outpatient wound care centers and hospital partnerships across 600+ locations. Direct competitor in the chronic/advanced wound care category, though Healogics is primarily clinic-based while Woundtech is mobile-based.
• RestorixHealth: Operates wound care centers and ambulatory programs with a focus on chronic wound management and hyperbaric medicine. Closely comparable specialty wound care service provider serving health plan and hospital partners.
• Wound Care Advantage: Specialty wound care services company that partners with hospitals and health systems to operate wound healing programs, with a similar value-based, outcomes-focused model.

Emerging players

• Corstrata: Telehealth-enabled wound care provider delivering remote wound consultations and clinical support. Comparable in advanced wound care category but operates via a virtual/telehealth model rather than field-based mobile care.

Others

• Net Health: Specialty EHR provider purpose-built for wound care (WoundExpert) and other post-acute settings. Comparable as an enabling technology and clinical data platform serving the wound care ecosystem; not a direct service competitor.
• Smith+Nephew: Global medical device company with a major advanced wound management portfolio (NPWT, dressings, skin substitutes). Adjacent rather than competitive — Woundtech uses these products from its proprietary formulary, making it both a potential customer and indirect channel.
• Mölnlycke Health Care: Global wound care and surgical solutions manufacturer with Mepilex and other advanced dressings. Adjacent enabling/supplier relationship rather than a direct services competitor to Woundtech's mobile care delivery model.
• ConvaTec: Medical products company with a substantial advanced wound care business (AQUACEL, Foam dressings). Adjacent to Woundtech as a wound care products supplier and a reference point for category economics, but not a direct services competitor.

Broad incumbents

• CenterWell (Humana): Humana-owned home health, primary care, and pharmacy services platform with significant wound care exposure in MA populations. Broad incumbent that overlaps on payer relationships (Humana is a Woundtech partner) and home-based care delivery.
• Amedisys: Large national home health and hospice provider offering wound care as a core skilled nursing service. Broad incumbent with overlapping home-based delivery model and similar payer mix; pending UnitedHealth/Optum acquisition further embeds it in MA.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/woundtech

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Woundtech