Alliance Of Wound Care Stakeholders Inc

Organization Overview

Alliance Of Wound Care Stakeholders Inc is located in Bethesda, MD. The organization was established in 2012. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alliance Of Wound Care Stakeholders Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Alliance Of Wound Care Stakeholders Inc generated $803.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $762.3k during the year ending 12/2021. While expenses have increased by 15.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE QUALITY CARE AND PATIENT ACCESS TO WOUND CARE PRODUCTS AND SERVICES THROUGH ADVOCACY IN THE REGULATORY, LEGISLATIVE AND PUBLIC ARENAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AS A RESULT OF THE ALLIANCE'S TENACIOUS ADVOCACY WE: OBTAINED A 9.6% INCREASE FOR DISPOSABLE NEGATIVE PRESSURE WOUND THERAPY (DNPWT) INSTEAD OF A 22% REDUCTION IN THE PHYSICIAN OFFICE SETTING.ACCOMPLISHED A NATIONAL CORRECT CODING INITIATIVE (NCCI) EDIT MANUAL CHANGE ALLOWING FOR DEBRIDEMENT AND COMPRESSION TO BE PROVIDED ON THE SAME DAY.SUCCESSFULLY CONVINCED THE CENTERS FOR MEDICARE AND MEDICAID SERVICES (CMS) TO RETRACT THE PROPOSED 2021 PHYSICIANS FEE SCHEDULE PROVISION TO BUNDLE CELLULAR AND TISSUE-BASED PRODUCTS FOR WOUNDS (CTPS, ALSO KNOWN AS SKIN SUBSTITUTES) IN THE PHYSICIAN OFFICE SETTING.CREATED LANGUAGE, WHICH WAS ACCEPTED AND USED BY CMS, FOR AN MLN NEWSLETTER ARTICLE EXPLAINING WHY THE NEW SYNTHETIC CPT "A" CODES SHOULD BE TREATED THE SAME AS ALL OTHER CTPS, AND HOW TO CORRECTLY BILL FOR THEM. OBTAINED A UNANIMOUS RECOMMENDATION FROM THE ADVISORY PANEL ON HOSPITAL OUTPATIENT PAYMENT TO CMS, WHICH PROMPTED THE AGENCY TO BEGIN REVIEWING RECOMMENDATIONS FOR FLAWED CTP PAYMENT CHANGES


AS THE ULTIMATE COLLABORATIVE UMBRELLA ORGANIZATION FOR WOUND CARE, THE ALLIANCE CONTINUED TO JOIN FORCES WITH ORGANIZATIONS AND ITS MEMBERS TO IMPACT CHANGE THROUGH THE FOLLOWING EFFORTS:COLLABORATED WITH FDA STAFF TO SHAPE ITS AGENDA AND SPEAKERS FOR ITS APRIL 2022 WOUND HEALING WORKSHOP SO IT WILL BE SYNERGISTIC WITH THE ALLIANCE'S EVIDENCE SUMMIT. BECAME A CHARTER MEMBER AND SERVE ON THE STEERING COMMITTEE OF THE WOUND CARE COLLABORATIVE COMMUNITY.ACTIVELY PARTICIPATED WITH THE CLINICAL LABOR COALITION TO IMPACT CHANGE ON THE SIGNIFICANT PHYSICIAN PAYMENT CUTS.LED THE ALLIANCE FOR HCPCS CODING REFORM'S EFFORTS TO GAIN CLARIFICATION FROM CMS ON SUBMITTING NEW ELECTRONIC HCPCS CODING APPLICATION AND WON MORE TIME FOR INITIAL SUBMISSION.


THE ALLIANCE SHAPED POLICY DEVELOPMENT AS WE:VOCALLY OPPOSED PAYMENT CUTS IN THE PROPOSED CY2022 PHYSICIAN FEE SCHEDULE BY COLLABORATING WITH THE CLINICAL LABOR COALITION AND SUBMITTING COMMENTS TO IMPACT CHANGE. AS A RESULT, THE PAY CUTS WERE MINIMIZED. WE WILL CONTINUE TO ADDRESS THIS IN 2022.CHAMPIONED CTP PAYMENT ISSUES BY SUBMITTING HOSPITAL OUTPATIENT PAYMENT METHODOLOGY RECOMMENDATIONS TO CMS. SERVED AS A RESOURCE TO CMS CONTRACTOR NORIDIAN MEDICAL DIRECTORS AS THEY DEVELOPED THEIR WOUND CARE LCD.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Marcia Nusgart
Executive Director
$391,667
Karen Ravitz
Member/advisor
$157,600
Dr Caroline Fife
Co-Chair
$0
Dr Matthew Garoufalis
Co-Chair
$0
Dr Lee Rogers
Member
$0
Kara Couch
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$150
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$150
Total Program Service Revenue$803,480
Investment income $227
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $803,857

Create an account to unlock the data you need.

or