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Supurva Healthcare Group, Inc.
Supurva Healthcare Group, Inc. Creates Onsite Wound Care Subsidiary
Published Nov 12 2015
3 min read

Supurva Healthcare Group, Inc. Creates Onsite Wound Care Subsidiary

Pursuant to Growth Initiatives, Supurva Moves Forward with Organic Growth in Rapidly Growing Market Segment –Wound Care and Advanced Wound Care

Covington, LA, Nov 10, 2015 Supurva Healthcare Group, Inc. (OTC Markets: SPRV), announced today that the Company has created a new wholly owned subsidiary, Onsite Wound Care. As announced in yesterday’s news release the Company is seeking to grow in a variety of ways which includes organic growth from within as well as through acquisitions and organic growth and expansion of Onsite Solutions, LLC.

Gerard Danos, CEO of Supurva Healthcare stated, “We are serious about growth from the inside out. One way to do that is through using our holding Company to create new subsidiary businesses. We simply cannot ignore the rapid growth of the wound care and advanced wound care markets which is substantial according to research reports on the subject. According to RnR Market Research, another $2.7 billion in annual revenues will be added to the market by 2019.”

According to Markets and Markets - Wound Care Market by Type (Traditional (Wound Closure, Anti infective), Basic (Films, Cleansing), Advanced (Hydrogels, Hydrocolloids, Alginate, Collagen), Active (Artificial Skin & Skin Substitutes), Pressure Relief Devices, NPWT) - Global Forecast to 2019, the global wound care market is expected to reach $18.3 billion by 2019 from $15.6 billion in 2014, growing at a CAGR of 3.2% from 2014 to 2019. The factors driving the market growth include government support in the form of funding for development of wound care products, increasing diabetic and obese population, and rising aging population are providing required impetus for growth of the market. However, factors such as high costs of advanced wound care products may restrain the market growth.

According to another report by RnR Market Research, with regard to the Advanced Wound Care market, segment commanded the largest share in 2014, while the active wound care segment is forecasted to be the fastest-growing segment in the wound care market. Factors such as rising awareness regarding new technologies for wound care, government support in the form of funding, and rising diabetic and aging population are driving the growth of the wound care market.

In Markets and Markets research, with regard to the advanced wound care market, is divided into dressings, therapy devices, and active wound care. The dressing segment accounted for the largest share of 47.8% of the global market in 2014. On the basis of application, the market is segmented into surgical wounds, ulcers, and others, of which the surgical wounds segment accounted for the largest share of 43.3% of the global market in 2014. By end user, the market is further classified into inpatient facilities and outpatient facilities. The inpatient facilities segment accounted for the largest market share of 72.2% in 2014.

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About Supurva Healthcare Group, Inc.

Supurva Healthcare Group, Inc., a Delaware Corporation, is a healthcare holdings company based in Covington, LA. Supurva, through its wholly own subsidiary On Site Solutions, LLC, provides on-site healthcare for acute, sub-acute, and nursing facility residents / patients; specializing in dentistry, podiatry, optometry, and wound care.

Forward Looking Statement

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Supurva Healthcare Group, Inc. is a healthcare holdings company. At the time of this release Supurva Healthcare Group, Inc.  lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company’s shares to raise the necessary operating capital. Based upon industry standards Supurva would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider are that this list is limited and additional risk not mentioned may apply: failure to meet Supurva’s financial and contractual obligations, Supurva’s managerial errors made based upon the Company’s limited experience and knowledge of the industry, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Contact

Gerard Danos, Chairman
Supurva Healthcare Group, Inc.
info@supurvahealthcare.com

1-985-237-3701