Diversified Therapy Ends Year with a 31% Increase in Revenue

The annual cost of treating patients in the U.S. with problem wounds is estimated at more than $16 billion. Several factors are expected to continue to contribute to the growing need for specialized wound care, including more cases of diabetes; an aging population and the effects of radiation therapy. Diversified Therapy partners with hospitals nationwide to establish and manage comprehensive outpatient wound care centers.

Jacksonville, FL (PRWEB) February 20, 2006 -- Diversified Therapy, a Jacksonville based disease management company that partners with hospitals nationwide to establish and manage comprehensive outpatient wound care centers, achieved significant revenue and patient growth for year-ending 2005.

Key statistics released by the company include:

•17,400 new patients: 22% increase since January 2004

•176,000 wound care encounters: 27% increase since January 2004

•67,152 hyperbaric oxygen treatments

•84.2% healing rate

•23 new wound care center contracts at hospitals nationwide, bringing the total number of Diversified Therapy wound care centers to 72

•$21 million in revenue: 31% increase since 2004

The annual cost of treating patients in the U.S. with problem wounds is estimated at more than $16 billion. Several factors are expected to continue to contribute to the growing need for specialized wound care, including more cases of diabetes; an aging population and the effects of radiation therapy.

According to a recent survey of hospital executives by Deloitte called the “Future of Healthcare,” the third largest profitable service in the healthcare industry is outpatient care. The survey also notes that most hospitals surveyed indicate the number one disease management program is diabetes. “We are projecting strong growth to continue in 2006,” says Jim Henry, President and CEO of Diversified Therapy. “Our projection for this year is to exceed $30 million in revenue and sign contracts to open more than 30 new wound care centers.”

About Diversified Therapy

Established in 1996, Diversified Therapy manages comprehensive wound care centers at more than 70 contracted hospitals in 25 states nationwide, allowing hospitals to provide a needed, value-added service to a growing patient population. Diversified Therapy plans, develops and manages the wound care centers, providing implementation guidelines, key staff, operating procedures, clinical algorithms, outcomes data tracking systems, education and billing and coding training.

Diversified Therapy is headquartered in Jacksonville, FL. More information is available at www.diversifiedtherapy.com.

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