RestorixHealth® Acquires Wound Care Specialists

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White Plains, NY – July 11, 2016   RestorixHealth, a leader in developing and managing comprehensive wound healing and Amputation Prevention Center® facilities, is pleased to announce it has finalized the acquisition of Metairie, Louisiana-based Wound Care Specialists, the largest operator of wound care and hyperbaric centers in critical access hospitals in the United States.

The Wound Care Specialists (WCS) acquisition will add another 80 centers to RestorixHealth’s current portfolio for a combined total of over 200 centers in 30 states. The combined companies will create one of the largest networks of wound care service providers in the industry, managing programs in both acute care and critical access hospitals.

“We believe Wound Care Specialists’ expertise in critical access hospital-based wound centers will round-out our service offerings,” said RestorixHealth CEO Steve McLaughlin. “As there continues to be greater integration between critical access hospitals and acute care hospitals, this complementary combination of wound care management companies will position RestorixHealth to meet the needs of integrated hospital systems and their patients in all markets.”

McLaughlin continued, “With an increased reach and combined, diverse staff, our partners and patients will have the advantage of being part of a stronger nationwide company, well-positioned to meet the needs of those suffering from non-healing wounds.”

Duff & Phelps Securities, LLC, provided representation for Wound Care Specialists. Financial terms have not been disclosed. Wound Care Specialists will continue to operate under its business name and maintain its corporate headquarters based in Metairie, Louisiana.

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About RestorixHealth
RestorixHealth develops and manages comprehensive wound healing and amputation prevention centers that offer advanced treatment therapies along with hyperbaric oxygen therapy. Founded by physicians in 1997 to treat the growing incidence of chronic, non-healing wounds, RestorixHealth’s centers utilize a quality- and data-driven approach to consistently achieve high treatment success rates, resulting in a dramatic increase in patient quality of life. The company currently manages comprehensive centers throughout the United States in partnership with hospitals and health care facilities. For more information, visit www.restorixhealth.com.

Wound Care Specialists Wins 2015 Best Practice Award

ComplianceAwards-editAll of us at Health Ethics Trust want to congratulate Wound Care Specialists for winning a 2015 Best Practice Award, and thank you, Diane and Summer for your excellent presentation at the Forum. The competition for Best Practice Awards was intense this year, so the award is quite an accomplishment. We hope Wound Care Specialists takes pride in this award and will continue to be a leading organization when it comes to ethics and compliance.

We heard from attendees that your presentation, “Compliance by Collaboration,” was very well received. In fact, I think you are likely to hear from attendees seeking more information – at your discretion. We know that your schedule is busy, so we appreciate you and your team’s dedication in putting together a submission and presenting the practice at the Forum.

Moonlight and Miracles Gala

Moonlight_Miracles_OchsnerWound Care Specialists is a proud Harvest Moon Sponsor for Ochsner’s Moonlight & Miracles Gala helping to fight against cancer in the Gulf South.

8 million people suffer from chronic wounds, and that number is quickly growing due to an aging population and an increase in diabetes and cardiovascular disease.