Humanizing Healthcare
The entire healthcare industry has used current Procedural Terminology codes or CPT for a long time. They provide some form of uniformity in the type of service being given by qualified healthcare professionals. Recently, these codes have been updated with regards to remote patient monitoring to make it more robust.
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Profit Calculator Assumptions: 40% of total Medicare patients enrolling is based on (i) Medicare Chart Book’s data showing that ~68% of medicare patients qualify for CCM (2 or more chronic conditions), and (ii) that ~40% of eligible patients will enroll.
For typical providers, $46.67 of net profit per patient per month is based on a Medicare reimbursement per patient per month (national average) for various care management CPT codes.
CPT and other codes, descriptions and other data are copyright 2011 American Medical Association. All rights reserved. CPT is a registered trademark of the American Medical Association (AMA).