You’ve always focused on helping your patients lead healthier lives. But you can’t control how they manage their chronic conditions outside the office, especially if you don’t interact with them between visits. The Chronic Care Management (CCM) fee has changed that.
Traditionally, payers have considered out-of-office tasks that help a patient manage his or her chronic condition as bundled into the fee-for-service model. Payers expected providers to perform these tasks regardless of incentives.
Thanks to the Chronic Care Management fee introduced by the Centers for Medicare and Medicaid Services (CMS), providers are reimbursed when they establish, monitor, update, or coach patients on their care plan outside the office.
At $43 per patient per month, this represents a substantial revenue opportunity for your practice.
Greenway Care Coordination Services can help you take the first step toward value-based care without burdening your staff with extra responsibilities. Our services enable your practice to take advantage of the CCM fee, and to empower your patients to stay healthy and away from the hospital’s revolving door.
If you want to improve patient care and outcomes while also keeping your practice financially healthy, check out our CCM fee infographic.
For practices that are further along in the transformation to value-based care, we also offer Greenway Community. To learn more about Greenway Community and how it helps you manage all your value-based contracts, click here.