MHC Opportunity for Hospitals/Wound Care Centers
1. MHC Provides and Manages Mobile Hyperbaric Treatment Centers.
MHC is entirely responsible for the cost of acquiring and managing the
center.
2. The Treatment Center.
The center is a state-of-the-art custom truck/trailer, which holds a
multiplace hyperbaric oxygen chamber along with its controls and space
for technicians and physicians. It is air conditioned and heated, and is
wheelchair accessible. The center is parked next to a hospital, and is
easily hooked-up to oxygen, electricity and water supplies via a
"docking station" supplied by MHC.
3. The Center's Operation.
MHC staffs each center with full time hyperbaric technicians and
hyperbaric specialist physicians. One technician remains in the chamber
with the patients during the treatments, while a second technician
controls the operation of the chamber from the control room. Each Center
typically operates 6 days per week, 10-11 hours per day with 4 daily
treatment sessions. Treatment sessions are two hours in length. The
center holds up to ten patients at any one time. MHC performs scheduling
of referred patients and provides billing information for the hospital.
4. Patients.
Physicians can directly refer patients to MHC for HBOT. The referral is
similar to one for physical rehabilitation. The referring physician
retains management of the patient's wound care.
5. Revenue.
The hospital performs the reimbursement billing for facility use, and
retains a portion of the collected revenue based upon a negotiated
percentage share. The hospital is only required to provide utilities and
billing services.
Benefits to the Hospital/Wound Care Centers
1. Essentially No Start-up Costs.
MHC funds the center. The hospital limits their up-front capital costs
to those associated with bringing the utilities from within the hospital
to the supplied "docking station". Since the unit is external to the
hospital building, there is no time consuming and expensive internal
build-out. The hospital is responsible for providing a changing room for
the patients to prepare for the treatment, an area for patient
registration and examination, as well as an area for supplies storage.
2. Short Ramp-up Time.
Typically, once the Hospital and MHC sign a contract, the center can be
fully operational within five to six months.
3. Minimal Ongoing Effort.
MHC runs all aspects of the center's operation and maintenance.
4. Substantial Revenue Opportunity.
There are substantial revenue opportunities in providing Hyperbaric
Oxygen Therapy for the treatment of diabetic foot ulcers and other
approved diagnoses. Medicare and other health insurance providers
recognize the health and financial benefits of HBOT and reimburse
appropriately.
5. Leadership in Patient Care.
HBOT is a proven and reimbursable therapy for the treatment of diabetic
ulcers and other medical diagnoses. Hospitals with HBOT centers will
become leaders in the treatment of problem wounds and other challenging
diagnoses.
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