March 1, 2022

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Press Releases

Medistics and RxCap to Offer Remote Patient Monitoring Services

Partnership to launch a turnkey solution for CMS RPM and RTM programs Medistics LLC, a New Jersey-based care management company, announced a new partnership with RxCap, Inc., a Boston-based technology company focused on medication adherence and infrastructure for remote monitoring. This partnership enables both companies to provide a comprehensive Remote Patient Monitoring

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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).