October 22, 2019

Chronic Care Management and Remote Patient Monitoring Benefits

Most chronic patients might feel a little overwhelmed by the new informational, digital society we live in. A certain fear of novelty is perfectly justified, especially if you have been used to the old-school doctor-patient relationship. Chronic Care Management and Remote Patient Monitoring may indeed be novel in the fact

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Medical staff checking vitals of a patient

Remote Patient Monitoring

In order to have a simplified process of continuous care, without having to schedule face to face meetings with the patients, Remote Patient Monitoring is a service that also involves the patient, as a pro-active member of the health care team. By providing patients with tools for monitoring physiologic parameters

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Chronic Care Management

With old age come many health problems that can’t usually be avoided. The top 10 chronic conditions that patients covered by Medicare suffer from are: high blood pressure, high cholesterol, arthritis, diabetes, heart disease, kidney disease, depression, heart failure, emphysema, Alzheimer’s/Dementia. Any patient suffering from two or more such conditions

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Profit Calculator Assumptions: 40% of total Medicare patients enrolling is based on (i) Medicare Chart Book’s data showing that ~68% of medicare patients qualify for CCM (2 or more chronic conditions), and (ii) that ~40% of eligible patients will enroll.

For typical providers, $46.67 of net profit per patient per month is based on a Medicare reimbursement per patient per month (national average) for various care management CPT codes.

CPT and other codes, descriptions and other data are copyright 2011 American Medical Association. All rights reserved. CPT is a registered trademark of the American Medical Association (AMA).