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Diversified Therapy Announces Significant Growth; Wound Care Services Company Revenue Grows 75% in Two Years.


Business Editors/Health/Medical Writers

JACKSONVILLE, Fla.--(BUSINESS WIRE)--March 23, 2004

Diversified Therapy, a privately held disease management company that partners with hospitals nationwide to establish and manage comprehensive outpatient wound care centers, announced at its recent board meeting significant growth for year-ending 2003. Key statistics released by the company include:

-- 9,458 new patients: 110% increase since January 2002

-- 106,805 wound care encounters: 130% increase since

January 2002

-- 35,737 hyperbaric oxygen hyperbaric oxygen
n.
Oxygen at a pressure that is above one atmosphere. Also called high-pressure oxygen.


Hyperbaric oxygen 
 treatments: 60% increase since

January 2002

-- 83% healing rate

-- 24 new wound care centers: 100% increase since January 2002

-- 75% increase in revenue since January 2002

Of the nearly 6,000 hospitals in the United States Lists of hospitals for each U.S. state:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
, less than 800 have dedicated outpatient wound care centers. Estimated at $6 billion, the wound care industry continues to grow due to the increasing number of patients with chronic non-healing wounds caused by factors such as:

-- diabetes

-- aging population

-- effects of radiation therapy

"We are pleased to be assisting hospitals and physicians in providing specialized services to these patients," said Jim Henry Jim Henry is a name shared by several people:
  • Jim Henry (author), American author, attorney, and economist
  • Jim Henry (folk singer), American folk singer
  • Jim Henry (politician), a politician from Tennessee
, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Diversified Therapy. "While we are running a business, we literally save limbs and lives everyday. And, we employ experienced professionals who love their line of work."

About Diversified Therapy

Established in 1995, Diversified Therapy manages comprehensive wound care centers at contracted hospitals in 21 states nationwide, allowing hospitals to provide a needed, value-added service A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions.  to a growing patient population. Diversified Therapy plans, develops and manages the wound care centers, providing implementation guidelines guidelines,
n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks.
, key staff, hyperbaric chambers hyperbaric chamber
 or decompression chamber or recompression chamber

Sealed chamber supplying a high-pressure atmosphere primarily for medical therapy. Breathing air or oxygen at typically 1.
, operating procedures, clinical algorithms, clinical outcomes data tracking systems, education and billing and coding training.

For more information about the company, please visit http://www.diversifiedtherapy.com. For more information about this release, please call Doreen Sabina at 904-645-6200.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 23, 2004
Words:292
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