Healogics, Inc. Acquires Nautilus Health Care Group

Acquisition Expands Company’s Ability to Treat Wound Care Patients across the Health Care Continuum

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Healogics, Inc., the nation’s largest provider of advanced wound care services, announced today the acquisition of Nautilus Health Care Group of St. Petersburg, Fla.

“We evaluated a number of companies for potential acquisition. Due to their commitment to clinical excellence and quality patient care, Nautilus was the obvious choice. We are thrilled to welcome them to the Healogics team.”

Healogics, and its affiliated companies, partner with hospitals to manage over 500 outpatient Wound Care Centers® nationwide. Nautilus Health Care Group and its 30 physicians and nurse practitioners provide wound care services to patients throughout the care continuum, including outpatient Wound Care Centers, hospital inpatient programs and to residents of skilled nursing and long term care facilities. Nautilus is primarily focused in the state of Florida with additional operations in Indiana.

Jeffrey W. Nelson, Chief Executive Officer of Healogics, announced the acquisition saying, “This partnership accelerates our growth beyond our core hospital outpatient market. Expanding our footprint to other care venues brings us one step closer to our goal of advancing wound healing everywhere we can, for every patient who would benefit, by the best means available.” Mr. Nelson goes on to say, “We evaluated a number of companies for potential acquisition. Due to their commitment to clinical excellence and quality patient care, Nautilus was the obvious choice. We are thrilled to welcome them to the Healogics team.”

In addition to expanding Healogics wound care expertise into the post-acute market, this acquisition will allow Healogics to further strengthen its outpatient Wound Care Centers through enhanced support from specially trained wound care physicians.

Christopher Morrison, MD, founder and CEO of Nautilus Health Care Group said, “We are excited to become part of the Healogics network. As the recognized leader in the industry, Healogics will help us to better serve our current customers and expand our model beyond our current market. Together, we will continue to build awareness of the chronic wound epidemic that affects millions of people. Our combined teams will focus on clinical excellence and outstanding outcomes while finding new ways to reach more patients with chronic wounds.”

An aging population, combined with the rise in diabetes, cardiovascular disease and obesity, creates a $14 billion global wound care industry. “The demand for specialized wound care services is rapidly growing,” said Nelson. “The current patient population is underserved by existing wound care programs. Less than 1 in 7 patients who have non-healing chronic wounds are treated in venues where they receive specialized wound care services.”

About Healogics, Inc.

Headquartered in Jacksonville, Fla., Healogics is the nation’s largest provider of advanced wound care services. Healogics and its affiliated companies manage more than 500 Wound Care Centers^® in the nation and see nearly 200,000 patients per year through a connected network of centers, partner hospitals, academic medical centers, patients and families. Leveraging its scale and experience, Healogics utilizes an evidence-based systematic approach to chronic wound healing in treating an underserved and growing patient population. For more information, please visit www.healogics.com or to find a Wound Care Center near you, please call 1-800-373-HEAL (4325).