On July 25, RenovoDerm held an all-day executive reimbursement workshop led by Kathleen Schaum, President of Kathleen D. Schaum & Assoc., Inc. Ms. Schaum is a nationally recognized wound care reimbursement strategy consultant and educator with nearly 50 years of industry experience. Ms. Schaum led the RenovoDerm team in crafting its reimbursement strategy for the Phoenix Wound Care Matrix, which included coding, coverage, and payment. The seminar also focused on identifying and targeting the most applicable markets for the Phoenix and creating a detailed timeline to achieve a product launch.
The workshop was very successful. After significant dialogue with Ms. Schaum, the RenovoDerm team is now better equipped to effectively earn a strategic reimbursement code, implement a detailed sales and marketing strategy, and utilize valuable resources to maximize the company’s value.