What it does: The company develops specialized, evidence-based techniques to heal a variety of chronic wounds, from diabetic ulcers to surgical wounds and burns.
How it grew to become one of healthcare's hottest: The privately owned company has been dedicated to the niche business of wound care since 1996 and has enjoyed a 35% compounded annual growth rate in the past five years. CEO Jeff Nelson says Healogics has grown its business by bringing its clinical expertise to hospitals that might not have outpatient wound-care centers or that are underperforming in wound care.
“We aim to reduce hospital stays and make sure the patient has been properly cared for before leaving. This reduces risk for hospital partners.”