Sanara MedTech Inc. Announces Launch of Tissue Health Plus Wound Care Provider Pilot Program
Rhea-AI Summary
Sanara MedTech (Nasdaq: SMTI) has launched a pilot program through its subsidiary Tissue Health Plus (THP) for value-based wound care services. The program partners with a wound care provider group operating across six states to deliver at-home chronic wound care.
The THP technology platform will serve as the provider group's Wound Care Operating System, featuring the Co-Pilot software for standardizing patient encounters and treatment interventions. The platform includes two-way EMR integration to streamline administrative processes. The company aims to launch another pilot program with a payer in the second half of 2025.
Positive
- Launch of first-of-its-kind value-based wound care pilot program across six states
- Implementation of THP technology platform with two-way EMR integration capabilities
- Planned expansion of pilot program to include additional practitioners and locations
- Strategic advancement towards payer partnerships with new pilot program planned for H2 2025
Negative
- Real-world validation of the technology platform still pending
- Financial investment partners still needed for THP strategy execution
News Market Reaction – SMTI
On the day this news was published, SMTI declined 5.68%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Pilot program designed to provide real-world evidence in the use of Tissue Health Plus’ technology platform
FORT WORTH, TX, July 14, 2025 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (Nasdaq: SMTI), a medical technology company focused on developing and commercializing transformative technologies to improve clinical outcomes and reduce healthcare expenditures in the surgical, chronic wound and skin markets, today announced the recent launch, through its subsidiary, Tissue Health Plus, LLC (“THP”), of its wound care provider pilot program, a first of its kind, value-based wound care offering designed for payers and risk-bearing entities, as well as value-based primary care companies.
“We are pleased to announce that, during the second quarter, THP launched a pilot program in partnership with a wound care provider group delivering at-home care for chronic wounds across six states,” said Sam Muppalla, President and CEO of THP. “Through this initiative, the THP technology platform will serve as the provider group’s Wound Care Operating System. The group’s practitioners are leveraging THP’s Co-Pilot software offering to standardize patient encounter planning and treatment interventions, while ensuring compliance with reimbursement requirements. Additionally, the practitioners are utilizing the platform’s two-way integration with the group’s electronic medical record to streamline post-encounter administrative processes.”
Mr. Muppalla continued: “With respect to our goals for the pilot program, we believe the real-world experience gained through these patient encounters will enable us to further validate and optimize our THP technology platform. The wound care provider group has commenced the first patient encounters as part of this pilot program, and we look forward to expanding its use within the group to include additional practitioners and locations.”
“The initiation of our wound care provider pilot program represents an important milestone in our THP strategy, and we look forward to leveraging the data and feedback obtained through the real-world use of our THP technology platform to support its successful implementation,” stated Ron Nixon, Sanara's Executive Chairman and CEO. “In addition to this initiative, we remain acutely focused on engaging with payers – with the goal of launching a THP pilot program with a payer during the second half of this year – as well as with potential financial partners to invest in the execution of our THP strategy.”
Mr. Nixon continued: “We are pleased with THP’s performance and progress, and we look forward to sharing a full company update on our earnings call, which we intend to hold on August 13, 2025.”
About Tissue Health Plus
Tissue Health Plus (THP) is a pioneering healthcare company with the goal of transforming the
About Sanara MedTech Inc.
Sanara MedTech Inc. is a medical technology company focused on developing and commercializing transformative technologies to improve clinical outcomes and reduce healthcare expenditures in the surgical, chronic wound and skin markets. The Company markets, distributes and develops surgical, wound and skin products for use by physicians and clinicians in hospitals, clinics and all post-acute care. Sanara’s products are primarily sold in the North American advanced wound care and surgical tissue repair markets. Sanara markets and distributes CellerateRX® Surgical Activated Collagen®, FORTIFY TRG® Tissue Repair Graft and FORTIFY FLOWABLE® Extracellular Matrix as well as a portfolio of advanced biologic products focusing on ACTIGEN™ Verified Inductive Bone Matrix, ALLOCYTE® Plus Advanced Viable Bone Matrix, BiFORM® Bioactive Moldable Matrix, TEXAGEN® Amniotic Membrane Allograft, and BIASURGE® Advanced Surgical Solution to the surgical market. In addition, the following products are sold in the wound care market: BIAKŌS® Antimicrobial Skin and Wound Cleanser, BIAKŌS® Antimicrobial Wound Gel, and BIAKŌS® Antimicrobial Skin and Wound Irrigation Solution. Sanara's pipeline also contains potentially transformative product candidates for mitigation of opportunistic pathogens and biofilm, wound re-epithelialization and closure, necrotic tissue debridement and cell compatible substrates. The Company believes it has the ability to drive its pipeline from concept to preclinical and clinical development while meeting quality and regulatory requirements. Sanara is constantly seeking long-term strategic partnerships with a focus on products that improve outcomes at a lower overall cost. For more information, please visit SanaraMedTech.com.
Information about Forward-Looking Statements
The statements in this press release that do not constitute historical facts are “forward-looking statements,” within the meaning of and subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. These statements may be identified by terms such as “aims,” “anticipates,” “believes,” contemplates,” “continue,” “could,” “estimates,” “expect,” “forecast,” “guidance,” “intends,” “may,” “plans,” “possible,” “potential,” “predicts,” “preliminary,” “projects,” “seeks,” “should,” “targets,” “will” or “would,” or the negatives of these terms, variations of these terms or other similar expressions. These forward-looking statements include, among others, statements regarding the efficacy of THP’s technology platform and payer programs, the planned expansion of the THP integrated wound care program, the Company’s business strategy and mission, the development of new products, the timing of commercialization of the Company’s products, the regulatory approval process and expansion of the Company’s business into value-based skincare, wound care and other services. These items involve risks, contingencies and uncertainties such as uncertainties associated with the development and process for obtaining regulatory approval for new products, the Company’s ability to validate and optimize the THP technology platform, the Company’s ability to build out its executive team, the Company’s ability to identify and effectively utilize the net proceeds of the CRG Term Loan Agreement to support the Company’s growth initiatives, the extent of product demand, market and customer acceptance, including acceptance of the THP technology platform, the effect of economic conditions, competition, pricing, uncertainties associated with the development and process for obtaining regulatory approval for new products, the ability to consummate and integrate acquisitions, and other risks, contingencies and uncertainties detailed in the Company’s SEC filings, which could cause the Company’s actual operating results, performance or business plans or prospects to differ materially from those expressed in, or implied by these statements.
All forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to revise any of these statements to reflect future circumstances or the occurrence of unanticipated events, except as required by applicable securities laws.
Investor Relations Contact:
Jack Powell or Mike Piccinino, CFA
ICR Healthcare
IR@sanaramedtech.com
FAQ
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