By Patrick Filbin (Hospice News)

Stealth startup The Wound Company has launched operations after securing $4.25 million in seed funds from Susa Ventures and Sozo Ventures.

The new company’s eyes are now fixed on expansion and hiring talent. Among its goals is to build partnerships with health plans as well as other health care providers, including home health and hospice organizations.

“Hospice patient volumes are growing to about 2 million per year. And there are more wounded hospice patients than ever before, thanks to all of the underlying metabolic diseases and issues,” Nima Ahmadi, founder and CEO of The Wound Company, told Hospice News. “And in the hospice segment, there’s even less certified wound care expertise because the goals are palliative. And yet these patients are suffering from wounds that are odorous, with uncontrolled drainage, there’s extreme pain during and between dressing changes that really affect the patient’s experience at the end of life and affects the caretakers.”

Read on for the full story.

Source: Hospice News // See original post here.