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Boosting Practice Revenue with Medicare RPM: A Guide for Care Practices

As healthcare practices strive to deliver quality patient care while managing operational costs, Remote Physiologic Monitoring (RPM) has emerged as a game-changer. The Centers for Medicare & Medicaid Services (CMS) has recognized the value of RPM in chronic disease management, creating lucrative opportunities for care practices to enhance patient outcomes and boost revenue streams. In this comprehensive guide, we’ll explore how Medicare’s RPM program can drive revenue growth, outline essential billing codes and reimbursement rates, and highlight how HealthViewX can streamline the delivery of RPM services.

What is Medicare Remote Physiologic Monitoring (RPM)?

Medicare RPM is a care management program designed to monitor patients’ physiologic data remotely, enabling proactive management of chronic conditions. RPM leverages digital technologies to collect data such as heart rate, blood pressure, glucose levels, and weight from patients in their homes. This data is then transmitted to healthcare providers, allowing for timely interventions and personalized care adjustments.

Key Benefits of RPM for Care Practices:

Improved Patient Outcomes: Early detection of health issues reduces hospitalizations and emergency room visits.
Enhanced Patient Engagement: Regular monitoring encourages patients to take an active role in their health.
New Revenue Stream: Care practices can generate additional income through Medicare reimbursements.

Market Insights and CMS Statistics

The demand for RPM is rapidly growing, driven by the increasing prevalence of chronic diseases and the need for value-based care. According to CMS data:

Over 37 million Medicare beneficiaries have multiple chronic conditions, making them eligible for RPM services.
The remote patient monitoring market in the U.S. is expected to reach $2.14 billion by 2027, growing at a CAGR of 13.5%.

These statistics highlight the significant potential for care practices to adopt RPM and leverage Medicare reimbursements to improve patient outcomes while driving revenue growth.

Medicare RPM Billing Codes and Reimbursement Rates

CMS has outlined specific CPT codes for RPM services, allowing care practices to receive reimbursements for monitoring patients remotely. Below are the essential billing codes, their descriptions, and the associated reimbursement rates for 2024:

1. CPT Code 99453

Description: Initial set-up and patient education on the use of RPM devices.
Reimbursement Rate: Approximately $19.32 (one-time payment per patient).
Eligibility: This code is used to bill for the time spent setting up the device and educating the patient on its use.

2. CPT Code 99454

Description: Supply of devices that collect and transmit data daily for at least 16 days.
Reimbursement Rate: Approximately $48.80 per month.
Eligibility: Covers device usage and data transmission.

3. CPT Code 99091

Description: Collection and interpretation of physiologic data (e.g., ECG, blood pressure) that has been digitally stored and/or transmitted.
Reimbursement Rate: Approximately $56.88 per 30-day period.
Eligibility: Requires a minimum of 20 minutes of clinical staff time per month.

4. CPT Code 99457

Description: Remote physiologic monitoring treatment management services, with a minimum of 20 minutes of interactive communication with the patient/caregiver during the month.
Reimbursement Rate: Approximately $50.94 per month.
Eligibility: Can be billed once a month per patient.

5. CPT Code 99458

Description: Additional 20 minutes of RPM management services.
Reimbursement Rate: Approximately $41.17 per month.
Eligibility: This code is add-on to 99457 for extended management.

These codes collectively enable care practices to generate recurring revenue by delivering RPM services, making it a viable model for financial sustainability.

How Medicare RPM Can Boost Your Practice’s Revenue

Implementing an RPM program not only enhances patient care but also provides a substantial revenue opportunity. Here’s how:

1. Increased Reimbursement Potential

By enrolling eligible patients in RPM, care practices can significantly increase their monthly revenue. For example, billing CPT codes 99453, 99454, 99457, and 99458 for a single patient can result in over $150 per patient per month. With just 100 RPM patients, this could translate to an additional revenue stream of $15,000 per month or $180,000 annually.

2. Improved Patient Retention

RPM services enhance patient satisfaction by providing personalized, continuous care. This results in better patient retention and loyalty, ultimately increasing your practice’s patient base and revenue.

3. Cost Efficiency

RPM reduces the need for frequent in-office visits, cutting down operational costs while allowing healthcare providers to manage more patients efficiently. This scalability ensures sustainable revenue growth.

Overcoming Challenges with HealthViewX RPM Solutions

While the Medicare RPM program presents substantial financial and clinical benefits, implementing an effective RPM strategy can be challenging. This is where HealthViewX comes into play.

How HealthViewX Can Help Your Practice Deliver RPM Services

HealthViewX is a leading digital health platform that empowers care practices to efficiently deliver RPM services. Here’s how HealthViewX can support your RPM program:

1. Comprehensive RPM Platform

Seamless Device Integration: HealthViewX supports a wide range of RPM devices, enabling real-time data capture and transmission.
Automated Data Analytics: The platform automatically analyzes patient data, providing actionable insights for proactive patient management.
Customizable Alerts: Set up customized alerts for critical readings to ensure timely interventions.

2. Streamlined Billing and Compliance

Automated Billing Workflow: HealthViewX simplifies billing with automated claims submission and tracking, ensuring accurate and timely reimbursements.
Compliance Management: The platform is fully compliant with CMS guidelines, reducing the risk of billing errors and audits.
Real-Time Reporting: Generate detailed reports on patient interactions, billing compliance, and RPM outcomes.

3. Enhanced Patient Engagement

User-Friendly Patient Portal: Patients can easily access their health data, engage with care teams, and track their progress.
Remote Communication Tools: HealthViewX provides secure messaging, video consultations, and real-time alerts to enhance patient-provider communication.

4. Scalable Solution for Growth

Scalable Architecture: Whether you have 50 or 5,000 patients, HealthViewX can scale to meet your practice’s needs.
Dedicated Support Team: Benefit from expert support and training to ensure a smooth RPM program rollout and sustained success.

Conclusion

The Medicare Remote Physiologic Monitoring program offers a win-win opportunity for care practices to boost revenue while improving patient care. By leveraging CMS RPM billing codes and reimbursement rates, practices can unlock new revenue streams and achieve value-based care goals. Implementing a robust RPM strategy, however, requires the right tools and expertise.

HealthViewX provides a comprehensive RPM platform designed to simplify the delivery of remote monitoring services, optimize billing, and enhance patient engagement. By partnering with HealthViewX, your practice can seamlessly integrate RPM into your care model, driving better patient outcomes and maximizing revenue potential.

Ready to transform your practice with RPM? Contact HealthViewX today to schedule a demo and explore how we can support your RPM journey.

How HealthViewX Enhances the Medicare Psychiatric Collaborative Care Management Program for Improved Patient Care

The rising prevalence of mental health disorders in the U.S. has made behavioral health integration a top priority for healthcare providers. According to the National Institute of Mental Health, nearly 1 in 5 U.S. adults live with a mental illness. To address this, the Centers for Medicare and Medicaid Services (CMS) launched the Psychiatric Collaborative Care Management (CoCM) program, designed to improve mental health care delivery within the primary care setting. However, managing these collaborative care programs can be complex, involving coordination across various stakeholders, stringent documentation, and specific billing requirements. That’s where HealthViewX comes in.

HealthViewX is a powerful digital care orchestration platform that streamlines the management of Medicare’s Psychiatric CoCM program, helping providers enhance patient outcomes, improve care efficiency, and ensure compliance with Medicare billing codes. This blog will explore how HealthViewX enhances the Psychiatric CoCM program and will provide an overview of CoCM billing codes and eligibility criteria.

Understanding Medicare’s Psychiatric CoCM Program

Medicare’s Collaborative Care Model (CoCM) is a part of its broader initiative to integrate behavioral health services into primary care. It enables primary care practices to work collaboratively with psychiatric consultants and behavioral health care managers to provide more comprehensive and coordinated care for patients with mental health conditions.

The key components of the CoCM program include:

A primary care provider – oversees the patient’s overall care.
A behavioral health care manager – manages the patient’s mental health care, coordinates communication between providers, and tracks progress.
A psychiatric consultant – reviews the patient’s care and offers treatment suggestions to the primary care provider and the behavioral health care manager.

The focus of this model is on continuous follow-up, symptom monitoring, and adjusting treatments based on the patient’s progress and feedback.

The Challenges of Managing Medicare Psychiatric CoCM

Managing Psychiatric CoCM involves a lot of coordination between various healthcare professionals. To ensure patients receive timely care, providers must:

Monitor patient symptoms consistently.
Document care plans, treatment changes, and patient progress.
Ensure communication between primary care providers, behavioral health managers, and psychiatric consultants.
Bill Medicare uses specific CoCM codes that track the amount of time spent on care management each month.

All of these steps require a systematic approach to care coordination. Without the right tools, providers can struggle to keep track of patient data, billing requirements, and communication between care teams.

How HealthViewX Enhances Psychiatric CoCM

The HealthViewX platform simplifies and enhances the delivery of Psychiatric CoCM by addressing the challenges associated with care coordination, data management, and billing. Here’s how HealthViewX optimizes the Psychiatric CoCM process:

1. Streamlined Communication and Collaboration

HealthViewX fosters seamless communication among primary care providers, behavioral health managers, and psychiatric consultants. Its collaborative tools ensure that all stakeholders have access to the most up-to-date patient information, enabling real-time coordination and adjustments to treatment plans.

2. Comprehensive Patient Data Management

Tracking patient progress is vital in CoCM. HealthViewX integrates patient records, treatment plans, and behavioral health assessments into a centralized platform, ensuring that all members of the care team can access relevant data. This transparency helps in timely decision-making and allows for better management of chronic psychiatric conditions like depression and anxiety.

3. Automated Symptom Monitoring

One of the critical aspects of CoCM is ongoing patient symptom tracking. HealthViewX automates this process by sending regular patient checkins via digital tools. Patients can report their symptoms, and the platform aggregates this data for review by the care team, enabling timely interventions when necessary.

4. Efficient Workflow Automation

HealthViewX automates much of the manual administrative work associated with Psychiatric CoCM, from tracking care management time to managing patient documentation. This automation reduces the burden on providers, allowing them to focus more on patient care and less on paperwork.

5. Optimized Billing and Coding

Billing for CoCM can be complex, as it requires tracking the amount of time spent managing a patient’s care each month. HealthViewX simplifies the billing process by automatically calculating the time spent on care management and ensuring that the correct CoCM billing codes are applied. This ensures that providers receive appropriate Medicare reimbursement while maintaining compliance with CMS guidelines.

CoCM Billing Codes and Eligibility Criteria

Billing Codes for Psychiatric CoCM

To ensure proper reimbursement, providers must use specific Current Procedural Terminology (CPT) codes for Psychiatric CoCM. These codes are based on the time spent on care management activities per month and are essential for Medicare billing:

CPT Code 99492: Initial psychiatric CoCM services (first 70 minutes of behavioral health care manager activities in the first month).
CPT Code 99493: Subsequent psychiatric CoCM services (60 minutes in a subsequent month).
CPT Code 99494: Additional 30 minutes of behavioral health care manager time in any given month.

These codes cover services such as care coordination, symptom monitoring, patient and family education, and treatment plan revisions.

Eligibility Criteria for Psychiatric CoCM

For a patient to be eligible for Psychiatric CoCM under Medicare, the following criteria must be met:

Diagnosis of a behavioral health condition: This includes conditions like depression, anxiety, and other mental health disorders.
Coordinated care team: The patient’s care must involve a primary care provider, a behavioral health care manager, and a psychiatric consultant.
Ongoing management: The care team must provide continuous monitoring and adjustment of treatment plans based on the patient’s progress.

Conclusion

The Psychiatric Collaborative Care Management (CoCM) program is a powerful tool for improving mental health outcomes within primary care settings, but it requires careful coordination and compliance with Medicare billing requirements. HealthViewX’s care orchestration platform simplifies and enhances the management of Psychiatric CoCM, allowing providers to focus on delivering high-quality care while maximizing their reimbursement potential.

With HealthViewX, providers can streamline communication, automate patient tracking, and optimize billing processes, ensuring that patients receive the comprehensive, coordinated mental health care they need to improve their quality of life. By leveraging these tools, healthcare practices can not only meet the demands of modern psychiatric care but also achieve better outcomes and financial sustainability.

Maximizing Medicare Reimbursements: Best Practices for Using HealthViewX in Care Management

As healthcare continues its shift toward value-based care, maximizing Medicare reimbursements through care management programs has become crucial for healthcare providers. The Medicare Physician Fee Schedule (MPFS) and Value-based Care Management programs offer significant opportunities for practices to optimize revenue streams while delivering enhanced patient care. However, success in these programs requires an efficient platform to manage care coordination, clinical workflows, and billing processes. HealthViewX, with its comprehensive care orchestration capabilities, provides the perfect solution for healthcare practices to maximize their Medicare reimbursements effectively.

Understanding Medicare’s Value-based Care Programs

Medicare offers a variety of care management programs designed to improve patient outcomes and promote cost-effective care. Some of the most important programs include:

These programs incentivize providers by reimbursing them for non-face-to-face services that focus on chronic disease management, remote monitoring, and care transitions.

Key Statistics from CMS Medicare Value-based Care Programs:

Chronic Care Management (CCM): According to CMS, nearly 69% of Medicare beneficiaries have two or more chronic conditions, making them eligible for CCM. Since its introduction in 2015, CCM has resulted in over 100,000 unique billing providers and improved care for millions of seniors.
Remote Patient Monitoring (RPM): A study by the American Medical Association shows that 88% of healthcare professionals believe that RPM tools enhance chronic disease management. CMS reimbursement for RPM grew significantly post-pandemic, with the RPM services market expected to reach over $117.1 billion by 2025.
Transitional Care Management (TCM): Hospitals utilizing TCM services have reduced hospital readmission rates by up to 25%, enhancing patient outcomes and reducing unnecessary healthcare costs.

How HealthViewX Enhances Medicare Reimbursements

HealthViewX, an advanced care orchestration platform, integrates multiple care management programs into a streamlined solution, enabling providers to meet Medicare’s stringent guidelines for value-based care while maximizing reimbursements. Here’s how HealthViewX optimizes the process:

1. Comprehensive Care Coordination

HealthViewX simplifies the coordination of care management services across various Medicare programs like CCM, RPM, RTM, and TCM. By consolidating patient data into a unified platform, healthcare teams can efficiently track and manage care plans for eligible Medicare beneficiaries, ensuring all clinical documentation and compliance requirements are met.

Best Practice: Implement automated alerts for care coordination teams to ensure timely check-ins with patients for chronic disease management, transitional care, or monitoring activities. HealthViewX’s platform triggers these alerts based on patient health status, helping practices meet Medicare’s care frequency and documentation requirements to secure reimbursements.

2. Improved Clinical Workflows and Patient Engagement

HealthViewX’s intuitive interface allows healthcare teams to seamlessly manage multiple patient touchpoints across different programs. Whether managing chronic conditions or engaging in real-time monitoring, HealthViewX helps streamline clinical workflows, improve communication with patients, and maintain a comprehensive health history—all critical for Medicare reimbursement.

Best Practice: Automate patient outreach for scheduled appointments and remote monitoring sessions. Through HealthViewX, practices can engage patients via text messages or automated phone calls, ensuring continuous engagement and timely interventions, vital for value-based care success.

3. Accurate Billing and Coding

One of the challenges in maximizing Medicare reimbursements is ensuring accurate coding for care management services. HealthViewX enables precise documentation, making it easier to submit claims with the correct codes, whether it’s CPT codes for CCM, RPM, or TCM. This minimizes billing errors and reduces the risk of denied claims.

Best Practice: Utilize HealthViewX’s real-time billing integration to automatically generate accurate codes based on the services provided. This ensures that no potential revenue is lost due to incomplete or incorrect documentation. By leveraging built-in billing workflows, practices can stay compliant with CMS requirements.

4. Enhanced Reporting and Analytics

CMS mandates strict reporting requirements for care management programs. HealthViewX provides advanced analytics and reporting features to track performance metrics, patient outcomes, and financial data. This helps practices remain compliant with CMS’s quality measures while maximizing reimbursements.

Best Practice: Use HealthViewX’s detailed analytics to regularly monitor program performance and financial impact. Implement dashboards that track patient adherence, engagement, and overall care management efficiency. This data not only enhances clinical decision-making but also demonstrates value to payers and regulators.

Future Trends: What to Expect from Medicare in 2025 and Beyond

As Medicare continues to evolve its value-based care initiatives, providers should expect further integration of digital health tools like RPM and RTM. CMS has signaled its intention to expand coverage for these services, recognizing their potential to improve patient outcomes and reduce healthcare costs.

Projected Growth:

Medicare RPM Services: With Medicare’s continued investment in digital health, RPM is expected to grow at a compound annual growth rate (CAGR) of 23.4%, fueled by CMS reimbursement policies.
Behavioral Health Integration (BHI): Behavioral health services are projected to see increased Medicare funding as part of a broader strategy to address mental health in chronic disease management. Practices that adopt digital platforms like HealthViewX to manage both behavioral and physical health conditions are well-positioned for success.

Conclusion

Maximizing Medicare reimbursements requires a strategic approach to care management that integrates seamless patient engagement, accurate billing, and comprehensive reporting. HealthViewX provides the technology backbone to help healthcare practices manage complex care delivery and meet the growing demands of value-based care programs. By implementing best practices for care coordination, clinical workflows, and billing, providers can ensure optimal Medicare reimbursements while improving patient outcomes.

Leverage the full potential of HealthViewX to boost your practice’s revenue in 2024 and beyond.

The Financial Impact of Medical Chronic Care Management on Healthcare Providers

Chronic Care Management (CCM) is a critical component of Medicare Part B, introduced to enhance the coordination and management of care for patients with multiple chronic conditions. While the primary goal of CCM is to improve patient outcomes and reduce healthcare costs through better management of chronic diseases, it also has significant financial implications for healthcare providers. In this blog, we will delve into the financial impact of CCM on healthcare providers, exploring both the benefits and challenges associated with implementing this program.

Overview of Chronic Care Management (CCM)

Chronic Care Management services under Medicare Part B cater to patients with two or more chronic conditions that are expected to last at least 12 months or until the end of life and pose a significant risk to the patient’s health or functional status. Key components of CCM include the development and revision of a comprehensive care plan, coordination with other healthcare professionals, medication management, and 24/7 access to care management services.

Financial Benefits of CCM for Healthcare Providers

Additional Revenue Streams: CCM provides a new revenue opportunity for healthcare providers. By offering CCM services, providers can bill Medicare for these services using specific CPT codes (99490, 99487, and 99489). This can lead to a significant increase in revenue, especially for practices with a large population of Medicare beneficiaries with chronic conditions.
Improved Patient Outcomes and Reduced Costs: Effective chronic care management can lead to better patient outcomes, including fewer hospitalizations and emergency room visits. This not only benefits patients but also reduces the overall cost of care. Providers who are part of value-based care models, such as Accountable Care Organizations (ACOs), can benefit financially from the savings achieved through reduced healthcare utilization.
Enhanced Practice Efficiency: Implementing CCM can streamline the care process within a practice. With a structured care plan and better coordination among healthcare providers, practices can operate more efficiently. This can lead to time savings and better resource allocation, allowing providers to focus on delivering high-quality care.
Increased Patient Satisfaction and Retention: Patients receiving CCM services often experience better care coordination and more personalized attention, leading to higher satisfaction levels. Satisfied patients are more likely to stay with their current healthcare provider, leading to improved patient retention rates. This can have a positive financial impact on the practice in the long run.

Challenges and Costs Associated with CCM Implementation

Initial Investment and Setup Costs: Implementing CCM requires an initial investment in technology and infrastructure. Providers need to adopt electronic health records (EHR) systems capable of managing CCM documentation and billing. Additionally, staff training and workflow adjustments are necessary to integrate CCM services effectively. These setup costs can be a barrier, particularly for smaller practices.
Ongoing Administrative Burden: Providing CCM services involves significant administrative tasks, including developing care plans, coordinating with other healthcare providers, and documenting patient interactions. This administrative burden can increase operational costs and require additional staffing or resources, impacting the practice’s overall efficiency and profitability.
Reimbursement Challenges: While Medicare provides reimbursement for CCM services, navigating the billing process can be complex. Providers must ensure accurate documentation and meet specific billing requirements to receive reimbursement. Any errors in the billing process can lead to denied claims and financial losses.
Patient Enrollment and Engagement: Successfully implementing CCM requires enrolling eligible patients and actively engaging them in their care plans. This can be challenging, as some patients may be resistant to participating in CCM or may not fully understand the benefits. Providers must invest time and resources in patient education and engagement efforts.

Strategies for Maximizing Financial Benefits of CCM

Leverage Technology: Utilize advanced EHR systems and care management software like HealthViewX to streamline administrative tasks and improve efficiency. Technology can help in tracking patient interactions, managing care plans, and ensuring accurate billing.
Invest in Staff Training: Ensure that all staff members are well-trained in CCM procedures and documentation requirements. This can help in reducing errors and improving the overall efficiency of the practice.
Focus on Patient Engagement: Develop strategies to engage patients effectively in their care plans. This can include regular follow-ups, patient education materials, and leveraging technology for remote monitoring and communication.
Monitor Performance Metrics: Track key performance metrics related to CCM, such as patient outcomes, hospitalization rates, and billing accuracy. Regular monitoring can help in identifying areas for improvement and ensuring the financial viability of the program.

Conclusion

Chronic Care Management offers substantial financial benefits for healthcare providers, including additional revenue streams, improved patient outcomes, and enhanced practice efficiency. However, it also presents challenges, such as initial setup costs, ongoing administrative burdens, and reimbursement complexities. By leveraging technology, investing in staff training, focusing on patient engagement, and monitoring performance metrics, providers can maximize the financial benefits of CCM while delivering high-quality care to their patients.

Implementing CCM effectively requires a strategic approach, but the long-term financial and clinical rewards make it a worthwhile investment for healthcare providers aiming to improve care for patients with chronic conditions. For more info, contact info@healthviewx.com

CMS’s Journey To Value-Based Care

Most people think of CMS (Centers for Medicare & Medicaid Services) as an insurance company that covers individual services provided by physicians, FQHCs, hospitals, and other health care providers. Some people even think of it as a policy-writing agency for Medicare. It is true that CMS reimburses providers for services to millions of individual beneficiaries. However, since the Affordable Care Act came into action in 2010, CMS has been developing focused payment strategies that shift from fee for services to value-based care and a focus on population health.

Today, CMS’s second-highest strategic priority is prevention and population health. To this day, the agency is engaged in numerous activities to promote effective prevention of chronic diseases and not just its treatment.

In 2011, the federal government reported that fewer than half of all adults aged 65+ were regular in checking the core set of recommended preventive services. The Affordable Care Act took a big step towards improving the access to preventive care by eliminating out-of-pocket costs for these preventive services in most insurance markets. This resulted in guaranteed access to preventive services like diabetes screening and cervical cancer screening to almost 137 Million Americans without cost-sharing.

Despite improved access to care, the use of preventive services among seniors with traditional Medicare coverage has not changed significantly. There are several hindrances that inhibit the greater uptake of preventive services. A 2014 survey reveals that only 43% of adults were aware of the new clinical preventive benefits provided by the Affordable Care Act. Of those who were aware of the services, 18% cited cost as a barrier, even though the Affordable Care Act eliminated co-payments for preventive services.

Another obstacle is that many Americans believe that preventive services are not important. Thus, even though many cost barriers have been removed, many Americans still might not perceive preventive services as valuable to their health and well-being. This mindset needs to change.

Shifting the paradigm of preventive care requires CMS and other payers to provide incentives beyond individual services to broader value-based and lifestyle interventions that can change population outcomes. To address this issue, CMMI has developed 2 payment models:

(1) The Million Hearts Cardiovascular Risk Reduction Model:

This model associates payment with population-based risk reduction. It is expected to reach over 3.3 million Medicare fee-for-service beneficiaries and involve nearly 20,000 health care practitioners by December 2021.

(2) The Medicare Diabetes Prevention Program:

This program ties payments to the achievement of weight loss through evidence-based lifestyle intervention.

CMS collaborated with sister agencies such as the Centers for Disease Control and Prevention (CDC) to develop these population health models, and they are good examples of how CMMI is using the Medicare payment structure to improve prevention and population health.

These path-breaking innovations offer an opportunity for CMS to test payment models that emphasize payment for population health outcomes rather than just individual outcomes, with the goal of better care and a healthier population.

References:

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5298510/#bibr11-0033354916681508

https://innovation.cms.gov/innovation-models/million-hearts-cvdrrm#:~:text=The%20Million%20Hearts%C2%AE%3A%20CVD%20Risk%20Reduction%20Model%20is%20expected,and%20end%20by%20December%202021

Chronic Care Remote Physiological Monitoring (RPM) and its Medicare Reimbursement Codes

Chronic Care Remote Physiological Monitoring (RPM) or Remote Patient Monitoring is a healthcare practice that involves the use of technology to monitor patients in a virtual manner. This practice has gained popularity in recent years and is being utilized with great success in the treatment of chronic care patients.

Specifics of RPM

RPM is a form of real-time telehealth that employs the use of technology in the live collection of vital parameters such as heart rate, blood pressure, weight, or any other relevant measure. This information is then sent to health professionals, who can analyze the data and make informed decisions on the patient’s health. Another beneficial factor is RPM devices often notify both patients and care providers if any abnormal vitals are detected.

How do patients benefit from RPM?

An extensive RPM system gives patients increased access to healthcare. New innovations in the health-based tech industry have afforded patients with high-quality devices to track their health progress. Patients with chronic care conditions that require extensive care are able to monitor any changes to their health on a daily basis. The interactive nature of RPM allows patients to be more involved in their care. RPM is also proven to decrease both readmission and emergency situations. The combination of these factors ultimately results in higher patient satisfaction.

How do providers benefit from RPM?

RPM has given providers an opportunity to stay updated with their patients, even when they cannot physically meet with them. The rapid growth of RPM technologies has also presented care providers with additional streams of revenue. The CMS has recognized this and introduced new codes that provide reimbursement for virtual care related to RPM. RPM also increases the number of patients a clinic can serve as well as the efficiency of care.

RPM and COVID-19

The ongoing Covid-19 pandemic has brought an increased level of attention to RPM practices. Patients and providers with existing RPM infrastructure are greatly benefiting from the ability to monitor health through a virtual platform. Observing a successful model of RPM use during the pandemic will convince many providers to adopt such practices moving forward.

Different Medicare CPT Codes within RPM

Care Providers can use the following CPT codes to generate revenue from the establishment and monitoring of RPM practices.

CPT 99453

CPT 99453 is an RPM code that is used when establishing RPM technologies and educating the patient about safe practices. In 2020, the average revenue received when issuing this code is $19. It must be noted that this code can only be issued one time when installing the necessary technology. Any additional support related to technology or patient education cannot be issued using this code.

CPT 99454

CPT 99454 is an RPM code that can be used to cover the transmission of biometric recordings and program alerts. ThIn 2020, the average revenue received when issuing this code is $64. The reimbursement cost also covers the cost of the device(s) involved in the care. This code is to be issued every 30 months. In order to issue this code, all RPM devices used in the care process must be FDA approved.

CPT 99457

CPT 99457 is an RPM code that can be issued for any care that is at least 20 minutes per month and is monitored by a qualified health professional. In 2020, the average revenue received when issuing this code is $52. This code covers any non-face-to-face interactions between providers and patients that involve the patient’s RPM progress. Providers must not issue CPT 99457 or any other code for any care that is less than 20 minutes per month.

CPT 99458

CPT 99458 is a new RPM code that addresses care provided by a qualified health professional for every additional 20-minute interval after the first 20 minutes of RPM services, which is currently billed under CPT 99457. This code came into effect on January 1, 2020, and has an estimated reimbursement rate of $42. This code must be used as an add-on to the existing RPM’s CPT 99457 for billing.

Challenges with RPM

Despite the previously mentioned benefits of an RPM scheme, there are still a few challenges that have prevented such programs from being widely accepted.

Despite these challenges, RPM technology remains a promising force in the healthcare industry. Its revolutionary nature is reshaping the patient-provider relationship for the better. This care model will help move from reactive care to proactive care. Providing immediate attention will help reduce readmission rates, reduce hospital admissions, etc. thereby helps reduce the overall cost.

Schedule a demo and talk to our RPM solution experts and get your RPM started in a jiffy!