There are cost-saving opportunities within value-based care. With digital solutions, such as care coordination software, it's possible to reduce exposure to financial risk and thrive. But how?
Reimbursement rates for Annual Wellness Visits (AWV) are tied to the program’s Current Procedural Terminology (CPT) codes. These codes help categorize and specify billing rules and requirements for the procedures, treatments, and care services related to AWVs.
See how ThoroughCare simplifies Medicare's most complex programs.
There are various software solutions that support care management programs, such as Chronic Care Management (CCM) and Remote Patient Monitoring (RPM), and value-based care initiatives. But how do you select the best tool for your practice?
Regulations and evolving patient needs are changing healthcare reimbursement models. At the moment, physician practices and health systems must work with two prominent examples: value-based care and fee-for-service (FFS).
Implementing value-based care can help providers improve patient health and reduce care costs, but it has introduced new, overwhelming challenges to physician practices.
Without software, Chronic Care Management (CCM) — or any other care management service — will be difficult to deliver to your patients. Your practice or organization will need to leverage a digital care coordination solution to implement your program.
If you’ve learned about care management programs, such as Chronic Care Management (CCM), Remote Patient Monitoring (RPM), or Transitional Care Management (TCM), you’ve realized how integral care coordination software can be.
Pittsburgh, PA – (May 18, 2022) – ThoroughCare, Inc., an integrated care coordination software platform that enables healthcare providers to effectively deliver value-based care, has received a $3 million investment from Cypress Growth Capital. The investment of funds will be used to accelerate growth through platform technology enhancements, expand business development efforts into new markets, and nurture customer success initiatives.
Reimbursement rates for Transitional Care Management (TCM) are tied to the program’s Current Procedural Terminology (CPT) codes. These codes help categorize and specify billing rules and requirements for the procedures, treatments, and care services related to TCM.
Care coordination software solutions can support integrated health services and help streamline clinical operations. It can help simplify patient engagement and help manage wellness programs. It can aid a provider in their transition to value-based care.