Remote monitoring is a significant new revenue source for your practice.
Programs including remote patient monitoring (RPM), chronic care management (CCM) and remote thereapeutic monitoring (RTM) yield recurring reimbursement without incurring additional operational strain or cost to the provider.
CMS reimburses a multitude of CPT codes for remote monitoring services, including:
- RPM: 99454, 99457 and 99458
- CCM: 99490 and 99439
- RTM: 98978, 98980 and 98981
Many of these codes are time-based and it is the responsibility of your remote patient monitoring vendor to scrub and aggregate your coded data, and present it to you on a monthly basis ready for your submission to CMS.
As for actual remuneration, a conservative estimate is a net collection of $350 per enrolled Medicare beneficiary per year. For a clinician with a Medicare-heavy practice, this can generate several hundred thousand dollars of additional annual income.
If you’re ready to explore the financial possibilities for your practice, click below to request more information and a demo.