Posts for Revenue

Below you will find a list of the most recent posts made on the Accuhealth Blog tagged with the term: Revenue. You may filter the posts using the right-hand sidebar to limit the visible content.

  • Telehealth and the 2024 Physician Fee Schedule

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    8 minute read

    Extended Telehealth Services and Locations At the close of 2021, Congress passed the 2022 Consolidated Appropriations Act, extending specific telehealth provisions introduced during the COVID-19 Public Health Emergency (PHE) for an additional 151 days after the PHE concluded. Subsequently, in December 2022, the 2023 Consolidated Appropriations Act (2023 CAA) further prolonged these measures until the end of 2024. As Congress considers the possibility of making these telehealth policies permanent, industry stakeholders have eagerly awaited updates from the Centers for Medicare and Medicaid Services (CMS).

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  • A New Approach to Chronic Care Management 

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    13 minute read

    Accuhealth Offers a Personalized Approach to Chronic Care Management Living with a chronic condition can be daunting, not just for patients but also for their loved ones. Juggling doctor’s appointments, managing medications, and navigating complex healthcare systems can leave families feeling overwhelmed and unsure of where to turn.

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  • A Comprehensive Checklist for Physicians Considering Chronic Care Management in Their Practice

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    9 minute read

    As healthcare continues to evolve, the focus on chronic care management (CCM) has become increasingly important. With the rising prevalence of chronic diseases, physicians are exploring ways to provide comprehensive care to their patients beyond the confines of the traditional office visit. The imperative for physicians to consider the integration of CCM services is underscored not only by the demographic realities of an aging population with a higher prevalence of chronic conditions but also by a growing awareness of the benefits associated with proactive, continuous care. Incorporating CCM services into practice can help enhance patient outcomes, improve satisfaction, and increase practice revenue. However, before diving into this endeavor, physicians must assess whether CCM aligns with their practice. In this article, we present an in-depth checklist designed to guide physicians through the intricate process of assessing, planning, and implementing CCM services within their practice. Assess Patient Population Begin by evaluating your patient population to identify those who will benefit the most from CCM – patients with chronic conditions requiring regular follow-up, complex medical histories, and a high risk of hospitalization. Ensure that there is a sufficient number of eligible patients to make the program financially viable. Understand Reimbursement Policies Familiarize yourself with reimbursement policies and guidelines outlined by Medicare or private insurers for CCM. Gauge the potential financial impact and ensure that the program's reimbursement structure aligns with your practice's goals and available resources. Evaluate Practice Infrastructure Thoroughly review your practice's infrastructure, including electronic health record (EHR) capabilities, patient communication tools, and staff resources. Assess whether your existing systems can support the additional requirements of CCM, such as remote patient monitoring and secure patient messaging. Engage and Educate Staff Involve your staff in the decision-making process and provide comprehensive training on implementing CCM services. Ensure that everyone understands the program's objectives, workflows, and documentation requirements. Assign dedicated staff to manage the program efficiently. Develop Care Plans and Protocols Create standardized care plans and protocols for common chronic conditions in your patient population. Ensure that these plans are evidence-based, regularly updated, and accessible to all healthcare providers involved in the patient's care. Incorporate patient-specific goals and preferences into the care plans. Establish Patient Engagement Strategies Devise strategies to engage patients in their own care. Implement tools for remote patient monitoring, patient portals, and secure messaging systems to facilitate ongoing communication and education. Ensure patients understand the benefits of CCM and actively participate in the program. Coordinate with Specialists and Community Resources Collaborate with specialists and community resources to ensure comprehensive and coordinated care for your patients. Establish communication channels and referral networks to facilitate seamless transitions and information exchange between providers. Implement Outcome Measurement Mechanisms Define key performance indicators (KPIs) to measure the success of your CCM program. Track metrics like hospitalization rates, emergency room visits, medication adherence, and patient satisfaction. Regularly assess these metrics to identify areas for improvement and validate the program's effectiveness. Maintain Regulatory Compliance Stay updated on regulatory requirements and compliance guidelines related to CCM. Familiarize yourself with HIPAA regulations, billing and coding requirements, and documentation standards. Ensure strict adherence to these guidelines to avoid legal or financial repercussions. Monitor Financial Viability Evaluate the financial implications of implementing CCM services in your practice. Assess the costs associated with staff training, additional technology, and ongoing program management. Determine the potential return on investment and ensure the program aligns with your practice's financial goals. Moving Forward The journey toward adopting CCM is not merely a procedural shift but a transformative leap that demands meticulous planning, engagement of stakeholders, and a commitment to redefining the patient-provider relationship. Integrating CCM services into your practice can significantly improve patient outcomes and enhance the overall quality of care. However, success hinges on careful consideration and planning. As the healthcare paradigm continues to evolve, the successful integration of CCM services stands as a testament to a practice's adaptability, foresight, and commitment to patient-centric care. By leveraging the insights presented in this comprehensive checklist, physicians can embark on the CCM journey with confidence, knowing that each facet of their practice has been meticulously aligned with the principles and requirements of CCM.

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  • Accelerating Recovery: Remote Patient Monitoring with Accuhealth in Post-Operative Care

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    5 minute read

    By leveraging RPM solutions like Accuhealth, healthcare providers can closely monitor patients' recovery progress from the comfort of their homes. This blog post will explore how remote patient monitoring with Accuhealth can accelerate recovery and transform the post-operative care experience.

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  • Enhance Your Workforce Efficiency: Pitching the Benefits of Remote Patient Monitoring (RPM) to Your Boss

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    9 minute read

    In today's rapidly evolving healthcare landscape, innovative technologies are transforming patient care delivery. One such technology that has gained significant traction is Remote Patient Monitoring (RPM). RPM enables healthcare providers to remotely monitor patients' vital signs, symptoms, and overall well-being from their homes. Integrating RPM into your organization's healthcare practices can significantly enhance workforce efficiency and patient outcomes. In this blog post, we will explore the benefits of RPM and provide you with a comprehensive pitch to convince your boss of its undeniable advantages. Insider Intelligence estimates that 30 million US patients will use RPM tools by 2024. Additionally, a study by Deloitte shows that consumers are more invested in taking responsibility for their healthcare and how they interact with their providers.

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  • Why Raising Money for RPM Companies Isn't Always a Good Thing

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    5 minute read

    While RPM has the potential to revolutionize the healthcare industry, starting an RPM company requires careful consideration. One of the most significant decisions that executives must make is how to fund the business. While raising capital may seem like the obvious choice, in some cases it can actually hinder the company's scalability, flexibility and ultimately profitability in the long run. In this post, we will examine the different approaches to funding a Remote Patient Monitoring company, and how each approach can affect the long-term vision and growth trajectory.

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  • Accuhealth: The Fastest Growing RPM Company in North America

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    13 minute read

    Accuhealth Ranked 108 On Deloitte Fast 500 Accuhealth has been ranked 108th on the prestigious Deloitte Technology Fast 500 list for North America. The list ranks the 500 fastest-growing companies in the technology, media, telecommunications, life sciences, fintech, and energy tech sectors in North America based on revenue growth from 2018 to 2021. Accuhealth achieved an impressive growth rate of 1,372% during this period, cementing its position as a major player in the remote patient monitoring industry. This recognition underscores Accuhealth's commitment to innovation and providing reliable solutions to the healthcare sector. In this blog post, we delve deeper into Accuhealth's journey toward achieving this impressive feat and explore what it means for the company and its clients.

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  • UPDATE: TMHP 2021 Billing Code Changes – Everything You Need to Know

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    2 minute read

    What the recent TMHP 2021 billing code changes really mean, and how to keep providing telemonitoring services for your TMHP-eligible patients. TMHP has clarified that Telemonitoring CPT Code 99091 will only be paid at the Medicare allowed rate ($55) for dual eligible patients that have Medicare as Primary Insurance.

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  • Remote Patient Monitoring Devices - An Introduction

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    9 minute read

    For all of these reasons, it is worth taking the time to explore Remote patient monitoring (“RPM”) devices and what makes a great RPM device. Whether you are a healthcare professional who is thinking about incorporating RPM into your practice or are hearing about RPM devices for the first time, understanding what makes a great RPM device can help you accomplish your goals.

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