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. As of 12/2022, Alliance Of Wound Care Stakeholders Inc employed 2 individuals. 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 12/2022, Alliance Of Wound Care Stakeholders Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 23.8% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
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: CONVINCED CMS TO DELAY AND RE-EVALUATE THE PROBLEMATIC CTP PROVISIONS IN THE 2023 PHYSICIANS FEE SCHEDULE FINAL RULE WHICH INCLUDED: RECLASSIFYING ALL CELLULAR AND TISSUE-BASED PRODUCTS FOR WOUNDS (CTPS, OR SKIN SUBSTITUTES) AS "SUPPLIES INCIDENT TO A PHYSICIAN SERVICE AND PACKAGE PAYMENT INTO PRACTICE EXPENSES AS WELL AS CHANGES IN CODING AND NOMENCLATURE. FOLLOWING TENACIOUS ADVOCACY FOCUSED ON THE BARRIERS TO CARE THIS WOULD CREATE, THESE CHANGES WERE NOT INCLUDED IN THE FINAL 2023 RULE.COMBATTED RESTRICTIVE, CLINICALLY INACCURATE LCDS AND LCAS:ADVOCATED FOR NOVITAS AND FIRST COAST SERVICE OPTIONS (FCSO) TO REVISE ARBITRARY UTILIZATION PARAMETERS AND OTHER KEY PROVISIONS OF THEIR PROPOSED SKIN SUBSTITUTES FOR THE TREATMENT OF DIABETIC FOOT ULCERS AND VENOUS LEG ULCERS LCD/LCA THAT WERE NOT SUPPORTED BY EVIDENCE AND THAT WOULD NEGATIVELY IMPACT PATIENT CARE. ELEVATED THE ISSUE BY SENDING COMMENTS TO THE CEO OF PARENT COMPANY GUIDEWELL. IN RESPONSE, GUIDEWELL'S CLINICAL TEAM STATED THAT DUE TO OUR ADVOCACY THAT WHEN THEY RELEASE THE FINAL LCDS/LCAS, THERE WOULD BE SUBSTANTIVE CHANGES.PURSUED REVISION/WITHDRAWAL OF CGS' PROPOSED LCD/LCA ON SKIN SUBSTITUTES FOR THE TREATMENT OF DIABETIC FOOT ULCERS AND VENOUS LEG ULCERS: FLAGGED CLINICAL INACCURACIES AND LACK OF SUPPORTIVE EVIDENCE. PAVED THE WAY FOR NORIDIAN'S RELEASE OF STALLED CLAIMS. ALLIANCE ADVOCACY PROMPTED THE MAC TO PUBLISH AN UPDATE REPORTING THAT FOR AMNIOTIC AND/OR PLACENTAL DERIVED PRODUCTS "CLAIMS THAT HAVE BEEN PENDING WILL BE RELEASED IN THE UPCOMING DAYS FOR PROCESSING."OBTAINED ENDORSEMENT FROM CMS' ADVISORY PANEL ON HOSPITAL OUTPATIENT PAYMENT FOR THE ALLIANCE'S RECOMMENDATION TO FIX FLAWED/INADEQUATE CTP PAYMENT POLICIES BY ENABLING PROVIDER-BASED DEPARTMENTS TO (1) TO REIMBURSED FOR AN ADEQUATE AMOUNT OF CTP PRODUCTS FOR LARGER WOUNDS AND (2) TO EQUALIZE THE PAYMENT FOR CTP APPLICATION FOR WOUNDS/ULCERS OF THE SAME SIZE NO MATTER THE ANATOMIC LOCATION. THE PANEL SUPPORTED THESE, FOR THE 2ND YEAR IN A ROW, ELEVATED THEM TO CMS FOR CONSIDERATION.BROUGHT ABOUT CHANGES IN THE 2022 CMS NCCI EDIT MANUAL WHICH WAS THE FIRST STEP TO ALLOW FOR REIMBURSEMENT OF THE APPLICATION OF A TOTAL CONTACT CAST OR COMPRESSION THERAPY AFTER A DEBRIDEMENT OR GRAFTING PROCEDURE TO BE PERFORMED AND REPORTED FOR THE SAME PATIENT IN THE SAME ANATOMICAL REGION ON THE SAME DAY. THE ALLIANCE CONTINUES TO MEET AND CORRESPOND WITH THE NCCI CONTRACTOR AND CMS SENIOR STAFF TO DELETE THE NCCI EDITS LISTED IN THE CPT MANUAL AND CMS MANUAL CODING INSTRUCTIONS TO MIRROR AND REFLECT THE GUIDANCE PROVIDED IN ITS RECENTLY UPDATED NCCI POLICY MANUAL.
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:SUCCEEDED IN ENSURING THAT TWO WOUND CARE LEGISLATIVE POLICY PRIORITIES- THE BETTER WOUND CARE AT HOME ACT AND THE LYMPHEDEMA TREATMENT ACT WERE INCLUDED IN H.R. 2617, THE CONSOLIDATED APPROPRIATIONS ACT 2023 THAT PRESIDENT BIDEN SIGNED INTO LAW ON DECEMBER 29, 2022.PRESSED CMS FOR GREATER TRANSPARENCY AND UNIFORMITY IN DEVELOPMENT AND IMPLEMENTATION OF COVERAGE ISSUES AND THE USE OF THE CARRIER ADVISORY COMMITTEES BY MEETING TWICE WITH CMS SENIOR STAFF (PRINCIPAL DEPUTY ADMINISTRATOR JONATHAN BLUM AND COVERAGE STAFF) AND CO-SIGNING LETTER WITH AMERICAN PODIATRIC MEDICAL ASSOCIATION AND 18 ADDITIONAL PHYSICIAN SPECIALTY SOCIETIES.SUPPORTED THE ACADEMY OF NUTRITION AND DIETETICS' SUCCESSFUL CAMPAIGN FOR THE INCLUSION OF THE GLOBAL MALNUTRITION COMPOSITE SCORE IN REGULATIONS BY SUBMITTING COMMENTS TO THE HOSPITAL INPATIENT PPS RULE, SPECIFICALLY SUPPORTING THE INCLUSION OF GLOBAL MALNUTRITION COMPOSITE SCORE (NQF #3592) IN THE PROPOSED POLICY AND RECOMMENDING THAT CMS MOVE FORWARD WITH IMPLEMENTING THE NQF #3592 GLOBAL MALNUTRITION COMPOSITE SCORE FOR THE HOSPITAL INPATIENT QUALITY REPORTING PROGRAM. CMS INCLUDED THIS MEASURE IN ITS IPPS FINAL RULE.SERVED AS A KEY RESOURCE TO THE FDA AS IT PLANNED ITS APRIL WOUNDHEALING SCIENTIFIC WORKSHOP TO SHAPE THE AGENDA, SO IT WAS SYNERGISTIC WITHTHE ALLIANCE'S EVIDENCE SUMMIT.THE ALLIANCE SPOKE AT THE MEETING AND PROVIDED TWO SETS OF COMMENTS TO QUESTIONS POSED BY THE FDA.IN JOINT LETTERS WITH THE CLINICAL LABOR COALITION, REQUESTED CONGRESS' HELP TO ADDRESS THE STEEP REDUCTIONS IN MEDICARE CLINICAL LABOR PAYMENTS THAT STARTED ON JANUARY 1, 2022, AND GO THROUGH CY 2025 FOLLOWING CMS' UPDATE OF THE COSTS OF CLINICAL LABOR IN THE CALCULATION OF PRACTICE EXPENSE RELATIVE VALUE UNITS AN ISSUE THAT IMPACTS MANY WOUND CARE PROVIDERS.PARTNERED WITH 100+ CLINICIAN GROUPS AS PART OF THE CF COALITION IN LETTERS URGING CONGRESS TO TAKE LEGISLATIVE ACTION TO STOP THE 4.5% REDUCTION TO MEDICARE PAYMENT RATES FROM BEING IMPLEMENTED ON JANUARY 1, 2023, UNDER THE 2023 PHYSICIAN FEE SCHEDULE.SERVED ON THE WOUND CARE COLLABORATIVE COMMUNITY STEERING COMMITTEE.
THE ALLIANCE SHAPED POLICY DEVELOPMENT AS WE:URGED NORIDIAN TO FIX INCORRECT AND OUTDATED TERMINOLOGY IN ITS WOUND AND ULCER CARE LCD; SUBMITTED DETAILED CHART OF SMALL BUT IMPORTANT CHANGES (ERRORS IN HCPCS CODING, CPT CODE DESCRIPTORS, OUTDATED LANGUAGE) THAT WOULD NOT REQUIRE RECONSIDERATION PROCESS BUT THAT WOULD ADD ACCURACY AND CLARITY.IMPROVED KEY CMS POLICYMAKERS' UNDERSTANDING OF CTPS VIA TWO MEETINGS WITH CMS STAFF- A MARCH SESSION WITH 5 CMS DIRECTORS AND THEIR STAFFS ACROSS 3 DIVISIONS OF CMS TO DISCUSS HOW THE INCONSISTENT HCPCS CODE ASSIGNMENTS FOR CTPS AND SYNTHETIC CTPS HAS LED TO PROBLEMATIC ISSUES IN BOTH THE PHYSICIAN OFFICE SETTING AND IN HOSPITAL OUTPATIENT PROVIDER-BASED DEPARTMENTS; A JUNE EDUCATIONAL SEMINAR WITH SIX CMS DIRECTORS/DEPUTY DIRECTORS AND 18 SENIOR STAFF TO LEARN MORE ABOUT CTPSTHE DIFFERENT TYPES, CLINICAL CONSIDERATIONS ON THEIR USE, AND REGULATORY PATHWAYS.LED THE INITIATIVE FOR ASTM TO UPDATE THE CTP STANDARD GUIDE (F3163-22) AND ITS DEFINITIONS USED BY PAYERS FOR TERMINOLOGY PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marcia Nusgart Chief Executive Officer | OfficerTrustee | 40 | $600,000 |
Karen Ravitz Board Member | Trustee | 15 | $277,375 |
Dr Matthew Garoufalis Co-Chair | OfficerTrustee | 1 | $0 |
Dr Caroline Fife Board Member | Trustee | 1 | $0 |
Kara Couch Co-Chair | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $20,833 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $20,833 |
Total Program Service Revenue | $1,467,467 |
Investment income | $1,796 |
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 | $1,490,096 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $897,375 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $800 |
Payroll taxes | $13,963 |
Fees for services: Management | $0 |
Fees for services: Legal | $27,447 |
Fees for services: Accounting | $20,721 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $374,748 |
Advertising and promotion | $0 |
Office expenses | $12,130 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $49,659 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $793 |
All other expenses | $535 |
Total functional expenses | $1,517,779 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $796,142 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $260,710 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,056,852 |
Accounts payable and accrued expenses | $192,133 |
Grants payable | $0 |
Deferred revenue | $468,806 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $660,939 |
Net assets without donor restrictions | $395,913 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,056,852 |