The use of remote patient monitoring — i.e., remote physiologic monitoring or RPM — has surged over the past few years. It's been widely embraced by providers, patients, the federal government, and an increasing number of commercial payers. Numerous statistics show the value of RPM, and when we look at some of the more common examples of remote patient monitoring applications, it is easy how RPM is transforming the delivery of care in the United States.
Over the last few years, remote patient monitoring (RPM), also referred to as remote physiologic monitoring, became one of the more lucrative Medicare care management programs. Using average 2024 RPM reimbursement rates, if 100 patients are enrolled in an RPM program and each receives the minimum care management services each month, that will generate annual reimbursement of nearly $113,000.
The American Medical Association (AMA) has announced the agenda for its second quarter 2024 CPT Editorial Panel meeting in May, and it includes discussion on what would be a significant and welcome expansion of remote patient monitoring (RPM) and remote therapeutic monitoring (RTM) CPT codes.
Considering adding a remote patient monitoring (RPM) program? It's a great time to do so. Statistics show that consumers are embracing RPM. A Harvard Health Letter article notes that nearly 50 million people in the United States currently use remote patient monitoring devices, while a survey shows about 4 in 5 Americans are in favor of using remote patient monitoring.
Over the past decade, there has been a huge surge in the availability and popularity of wearable technology. This has largely been driven by the Apple Watch, with credit to the Fitbit, and we are seeing newer technologies over the past few years empowering patients to take more control over their health.
Telehealth has emerged as a viable and valuable delivery care model, with remote patient monitoring (RPM) as one of the most effective forms of virtual care. While not technically a new concept, RPM has been around since the 1960s. Since then, it has expanded and morphed into the useful solution and service it is today while gaining acceptance from practitioners, patients, payers, and the federal government.
February 1, 2024 update: The AMA issued an unexpected and unusual notice that the application for the RPM code redesign had been withdrawn and would not be covered in its 2024 CPT Editorial Panel meeting. No rationale was offered, so we are working to uncover more information. Stay tuned! -------------------- The American Medical Association (AMA) has announced the agenda for its first quarter 2024 CPT Editorial Panel meeting in February, and it includes a surprising proposed full redesign of all remote patient monitoring (RPM) CPT codes.
Available on-demand webinar: Building Successful FQHC and RHC Remote Patient Monitoring Programs * * * The 2024 Medicare Physician Fee Schedule (PFS) final rule included news of great interest to federally qualified health centers (FQHCs) and rural health clinics (RHCs), with perhaps no developments bigger thanCMSfinalizing its policy to reimburse FQHCs and RHCs for remote patient monitoring and remote therapeutic monitoring services.
The Centers for Medicare & Medicaid Services (CMS) has issued its 2024 Medicare Physician Fee Schedule (PFS) final rule. Coming in at nearly 3,000 pages, the rule finalizes many significant additions and changes in areas including remote services, care management services, and preventive services. Below we highlightsome of the most notable developments.Prevounce CEO Daniel Tashnek, JD, will explorethese and other takeaways from the final rule during a webinar on Thursday, November 16, at 2:00 PM EST, which you can register for here.
What does an independent practice need to do to achieve success with a remote patient monitoring (RPM) program? Rob Cushman, CEO of Dunwoody Village Clinic in Georgia, explained how he created and implemented the practice's RPM program and has since overseen its impressive growth in a webinar hosted by Prevounce. The recording of the webinar is now available on-demand.
