Worldwide Innovative Healthcare, Inc. (WiCare) develops innovative medical devices that are clinically effective and affordable worldwide. Using my global design process, products can be designed that:
1. Bring high-end treatments for the first time to rural clinics in the developing world.
2. Expand the access of high-end treatments in the developed world.
3. Significantly reduce healthcare costs.
It is my goal to prove that you can both help people and run a profitable business. I plan to bring treatments that were once only available to the top-of-the-pyramid to the base-of-the-pyramid, and I have multiple products in the pipeline.
My first targeted treatment is negative pressure wound therapy (NPWT). Medicare spent an alarming $164 million in 2007 on NPWT, yet only a fraction of the U.S. patients that could benefit received treatment. This was due to limitations, including high costs and lack of reimbursement. Wounds are a significant issue worldwide, with over 200M at any one time!