Results-Oriented Wound Care Program
Predictable management of wound care spend, leveling up of outcomes, and increase in member satisfaction.
Proactive Risk Management
THP’s predictive analytics assimilate multiple data sources to stratify utilization and facilitate timely interventions.
Optimized Interventions
THP’s integrated care model shifts care to lower-cost and AI empowered care settings.
Supportive Care Coordination
Dedicated and personalized care navigation to drive access equity and care plan adherence.
Quality Centric Network
THP’s multiple-disciplinary network is continuously measured and incented for quality and will uplift payor’s metrics.
Wound Care by the Numbers: The Challenges Payors Face
- $100B+ spent annually on wound care products and services.
- $69B+ of the total spent in high-cost hospital settings.
- $35B+ of spending is preventable or wasted due to overuse.
- 15%+ of seniors have chronic non-healing wounds.
- 50M+ projected chronic wounds by 2050.
- 30%+ mortality rate for diabetic foot ulcer patients.
The Value of Partnering with THP
THP’s value-based approach directly aligns with a payor’s goals of improving care outcomes while controlling spend.
Cost Savings
THP’s care model reduces hospitalizations and further expenses associated directly with the wound, and indirectly through disease management.
Outcome Improvement
Patient engagement and education and multi-disciplinary care coordination improves healing rates and reduces complications.
Data Transparency
Access real-time data on care performance, patient progress, and financial outcomes.
Patient Satisfaction
THP’s patient-centered approach increases engagement and adherence to treatment plans, resulting in higher satisfaction scores.
Measuring Quality: Key Metrics for Success
Your success is measured through healthcare processes, outcomes, patient perceptions and organizational structure. THP focuses in on those important quality measures to track performance and quality.
Healing Rates
THP’s model improves healing rates to over 90% in many cases.
Hospitalization Reduction
Achieve a 20% reduction in inpatient and outpatient hospital spending.
Patient Engagement
Enhanced engagement through personalized care plans and education, leading to better rates in satisfaction.
Care Coordination
Providing a step-by-step approach with your beneficiaries, coordinating services needed and building engagement.
How does THP’s value-based care model work?
Through integrated prevention and treatment, THP’s matched payor network and CareHub Team follow science-led episodes of care. THP assumes financial risk for wound-related care needs through an episodic payment model, while providing real-time treatment outcome results to the payor.
What kind of cost savings can payors expect?
Upon contracting, THP works with your actuary team to establish a baseline. The impact of our programs is continuously measured. Your savings will be dependent on the complexity level of your beneficiaries. THP’s average savings are 20%+ (3x to 5x our fees).
How does THP integrate with existing networks?
THP builds separate contractual relationships with the providers in the already established payor network.
What reporting tools does THP provide?
You will have access to THP’s proprietary Customer Portal to view population levels trends as well as drill down into individual care plans.
How does THP support care coordination?
THP’s CareHub team consists of full time Care Navigators, who are available to support your beneficiaries throughout their care journey with THP.