The present invention provides a stabilized foam having a crosslinked closed cell polyolefin foam having a top and a bottom surface; a stabilizing layer disposed onto at least one of the top and the bottom surfaces of the crosslinked closed cell polyolefin foam; and an adhesive layer disposed onto at least one of the top or the bottom surfaces. Also provided is a method of preparing the stabilized foam, a method of treating a wound, scrape, abrasion or skin puncture, a method of maintaining cleanliness of an operation incision site, suture site, catheter insertion site, or an intentional skin breach site, a method of monitoring electrical impulses during EKG or delivering electrical impulses in a TENS or biofeedback therapy, and a method of softening the collagen deposits on a scar and reducing the raised or keloid portion of the scar over time.