Woundtech
- Company typePrivate
- Founded1999
- HeadquartersHollywood, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
Woundtech firmographics
Firmographics- 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
Woundtech industry classification
Industry- 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
Where Woundtech is headquartered
LocationHeadquarters
- HQ city
- Hollywood
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Woundtech business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- 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.
- Fee-for-Service Medicare: In certain geographies, Woundtech provides services under Original Medicare fee-for-service model in addition to value-based arrangements.
- 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
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | In-network insurance-covered services |
| Usage-based | Pay-as-you-go | Fee-for-service Medicare in select locations |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Woundtech product offering
Product offeringCore 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
Companies that use Woundtech
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles2 records
Woundtech technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability8 records
Feature5 records
Woundtech partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered major, regional and strategic.
- WellCaremajorHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
- United HealthmajorHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
- OptummajorHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
- Molina HealthcaremajorHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
- HumanamajorHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
- CignamajorHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
- AnthemmajorHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
- BlueCross BlueShieldmajorHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
- Florida BlueregionalRegional health plan partner providing coverage for Woundtech's wound care services in Florida markets
- Blue Shield of CaliforniaregionalRegional health plan partner providing coverage for Woundtech's wound care services in California markets
- AMERIGROUPregionalHealth plan partner providing coverage for Woundtech's wound care services as in-network benefit
- CenterWell Primary Care (Humana)strategicCEO 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
Woundtech competitors and assessment
Company assessmentDirect 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
Woundtech social profiles
Digital presenceWoundtech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Woundtech leadership team
Management profileNumber of profiles
Profiles20 records
Woundtech funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Woundtech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Woundtech
What does Woundtech do?
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.
Is Woundtech a public or private company?
Woundtech is a private company. It is classified as private equity controlled and is currently operating.
When was Woundtech founded?
Woundtech was founded in 1999. It employs 101 to 250 people.
Where is Woundtech based?
Woundtech is headquartered in Hollywood, United States, in the North America region.
How does Woundtech make money?
Three revenue lines are on record. Value-Based Care Reimbursement is the primary driver. The others are fee-for-Service Medicare and insurance Reimbursement.
Who are Woundtech's main competitors?
Direct peers on record are Healogics, RestorixHealth and Wound Care Advantage. Corstrata is listed as an emerging player. Others are Net Health, Smith+Nephew, Mölnlycke Health Care and ConvaTec. Broad incumbents are CenterWell (Humana) and Amedisys.
Does Woundtech have an API?
No public API is recorded for Woundtech.
What industry is Woundtech in?
Woundtech's product category is Mobile Wound Care Services. Its primary akta.pro industry code is HLADAFAH, Home-Based Wound Care & Ostomy Nursing, with a secondary code of HLAFABAG, Ambulatory Wound Care & Hyperbaric Oxygen Therapy Centers. Its NAICS code is 62161 and its SIC code is 8082.