ForaCare gives physicians the right tools to deliver care directly to the home.
Remote Patient Monitoring (RPM) is a technology to enable monitoring of patients outside of conventional clinical settings, which may increase access to care and decrease healthcare delivery costs. Incorporating remote patient monitoring in chronic disease management allows patients to maintain independence and minimize personal costs.
Since FORA devices connect to our telehealth system, physicians can access real-time data to prevent complications and significantly improve a patient’s quality of life. In addition, patients and their family members feel comfort knowing that they are being monitored and will be supported if a problem arises.
Reimbursement
There’s never been a better time to get started. Medicare providers can qualify for an extra $100 per patient, per month (minimum), just for implementing a remote patient monitoring program. The average is even higher at $148 per patient, per month.1
The 2019 and 2020 Medicare fee schedules added 6 new CPT codes in the category of Chronic Care Remote Physiologic Monitoring: 99453, 99454, 99457, 99458, 99473, and 99474.2
Total Device Connectivity
ForaCare has developed one-stop solutions for healthcare providers to review physiological parameters, coordinate, and manage overall patient care remotely.
Our technology can deliver benefits through the healthcare spectrum through improved outcomes and reduced costs.
RPM for Chronic Conditions
Multiple chronic conditions such as diabetes, hypertension and COPD affect three in four Americans aged 65+. Treating these chronic conditions with remote patient monitoring helps prevent complications and leads to better health outcomes.
RPM for Cost Savings
Our proven end-to-end remote patient monitoring solution has evidence-based results including decreased hospital readmissions and emergency room visits. In reducing the use of these services, both patients and physicians substantially cut their costs.
RPM for Revenue
As of January 1, 2019, physicians are able to bill an average of $148 per month, per patient, for RPM services under the new Medicare reimbursement rules. This adds up to a significant revenue source, especially with no out-of-pocket costs for the equipment or service.
Positive Outcomes for Patients
ForaCare has helped physicians develop remote patient monitoring programs since 2009 with positive results. We’ve partnered with people across the world for pilot programs, clinical studies and case studies.
FORA devices have proven that remote patient monitoring allows physicians to provide better health outcomes for their patients with personalized treatment plans. Results from recent studies include:
- A decrease in HbA1c levels in diabetics3
- Fewer hospital admissions for patients with COPD, CHF and multiple chronic conditions4
- Improved quality of life in COPD patients and lower mortality in CHF patients5
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References:
1 For payment policies, payment rates, and other provisions for services furnished under Medicare, visit Physician Fee Schedule (PFS) “Overview.” CMS.gov Centers for Medicare & Medicaid Services, 27 March 2019.
2 Requirements to obtain Medicare reimbursement for remote patient monitoring include: (1) monitoring is medically necessary and appropriate in the HCP sole discretion; and (2) advising to consult the Fee Schedule for all requirements.
3. Stratton, I.M., Adler, A.I., Neil, A.W., Matthews, D.R., Manley, S.E. 2000. Association of glycaemia with macrovascular and microvascular complications of type 2 diabetes. British Medical Journal. 321: 405-412.
4,5 Klein, T. 2017. Mayo research shows cardiac rehab patients who use smartphone app recover better.
FORA 24/7 HealthView Telehealth Cloud
Using wireless technology, the HIPAA-compliant 24/7 HealthView system provides tools that empower healthcare professionals to remotely monitor patient conditions—effectively leading to better outcomes.
