Remote healthcare is a technologically advanced and a competitive medical field where compliance matters at every step, whether it’s billing, insurance claims or reimbursements. To avoid penalties or reduced reimbursements, it is important to remain at the top of the compliance matters. For healthcare providers, service reimbursements using the right CPT codes is one of the primary sources of revenue generation and are applicable for all remote care programs.
According to the latest Centers for Medicare & Medicaid Services (CMS) fact sheet, healthcare costs are expected to rise from 17.7% of the economy in 2018 to 19.7% by 2028.
Remote care programs, including Remote Patient Monitoring (RPM), Chronic Care Management (CCM), Transitional Care Management (TCM), Principal Care Management (PCM), and Remote Therapeutic Monitoring (RTM) have become increasingly popular in delivering quality healthcare and care coordination, especially among the patients dealing with one or more chronic conditions.
Table of Contents
ToggleIt is important for providers offering remote care services to adhere to Medicare compliance and the regulations set by the Centers for Medicare & Medicaid Services, or CMS, in order to guarantee that services are delivered and billed accurately.
In recent years, Medicare has significantly improved the coverage of remote care services for healthcare providers. By knowing how to bill for specific services and applying the right reimbursement, providers may optimize the long-term financial viability of their practice.
Medicare Part B provides reimbursement for RPM services based on a specific criteria. To qualify, healthcare providers must meet certain coding and documentation requirements that capture the complexity and duration of RPM services delivered. CPT Codes used in remote patient monitoring reimbursement include:
CCM services are covered for patients with two or more chronic illnesses that are likely to last for at least a year. Medicare reimburses CCM for care coordination time in 20-minute increments along with comprehensive care planning, regular check-ins, and care coordination across different providers. Some CPT Codes used in chronic care management reimbursement include:
TCM services ensure successful transitioning of a patient from an in-patient facility to home/ community setting within 30-days of patient’s discharge. Healthcare providers need to be aware of the transitional care management billing requirements and ensure that all services provided are documented and billed using the right CPT codes. For accurate reimbursement, billing for TCM services requires a thorough understanding of the specified CPT codes associated with these services. Here are TCM CPT Codes for billing:
Principal Care Management is all about reimbursing physicians for the time they spent when caring for high risk chronically ill patients, including medication changes, creating a comprehensive care plan, patient follow-up and more. To maximize reimbursements, healthcare providers need to comply with the following CPT codes:
When it comes to remote therapeutic monitoring reimbursements, there are six RTM codes, also known as general medicine codes that describes when and who is allowed to bill for it, including therapists, psychologists and pathologists. To maximize reimbursements, you need to comply with the following codes:
Medicare’s compliance, coverage, and reimbursement criteria for remote care programs present considerable opportunity for healthcare providers to maximize their revenue and improve patient care while managing chronic illnesses effectively. By remaining up to date on CMS standards and using the relevant billing codes, clinicians may optimize their remote care programs and enhance patient outcomes.
HealthArc is a leading provider of remote care programs via a digital health platform for physicians, physical therapists, clinicians, and other qualified healthcare professionals. Our advanced care platform assists in ensuring efficient billing, reimbursement, and patient outcomes.
If you want to know more about our remote care software and billing processes, book a demo now or feel free to talk to our team at +201 885 5571 to learn more about our healthcare dashboard.