Want to take your healthcare services a level up? Remote Patient Monitoring (RPM) and Chronic Care Management (CCM) are the front runners in remote patient care. Healthcare organizations are opting for remote healthcare programs like RPM and CCM to reduce healthcare costs and to deliver result-oriented treatment to patients suffering from chronic conditions.
The Centers for Medicare and Medicaid Services (CMS) began reimbursing providers for chronic care management services in 2015, and RPM reimbursements were added a few years later in 2018. Since then, CCM and RPM programs have been adopted rapidly.
The Remote Patient Monitoring (RPM) program pays providers for:
This program provides healthcare providers with timely clinical information to help them manage their patient’s chronic conditions and make interventions as needed. RPM provides insight into treatment adherence and health outcomes.
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ToggleIn comparison to RPM, chronic care management refers to the coordination and management of care for patients suffering from two or more chronic conditions. A qualified healthcare professional, including a care manager, nurse practitioner, physician, or other licensed clinical staff works closely with the patient to improve health outcomes, avoid prolonged illness, improve patient engagement, and boost self-management in patients.
Both RPM and CCM are proven to boost patient engagement and outcomes, along with improving treatment efficiency and adherence. Providers can achieve the following by implementing both RPM and CCM collaboratively:
Along with the health benefits, RPM and CCM programs help healthcare providers in achieving their financial goals by reimbursing them for the services provided. 17% of healthcare organizations have managed to achieve reduced healthcare expenses with CCM program. The numbers are even higher when both RPM and CCM are performed simultaneously.
The average reimbursement rates for Remote Patient Monitoring (RPM) are:
(*Reimbursement rates are subject to variation based on state-specific regulations and policies)
The average reimbursement rates for Chronic Care Management (CCM) are:
(*Reimbursement rates are subject to variation based on state-specific regulations and policies)
HealthArc is leading care management platform providing reliable RPM and CCM services to healthcare providers focused on improving care delivery and patient outcomes. Our digital health platform is intended to improve your patient engagement while making remote monitoring and care management simple and hassle-free.
Our system includes FDA-approved remote monitoring devices, patient communication and interaction features, a dedicated customer success team, a physician dashboard, and billing capabilities.
Please request a demo to discover more about how we can assist your healthcare organization in reaching its care management goals. Feel free to contact our staff at (201) 885 5571 for any queries about the latest CCM and RPM reimbursements.