5 Ways to Improve Your Bottom Line with Chronic Care Management
December 27, 2022
Chronic care management
can be a huge boon to your business. If you're not providing chronic care management services, you're missing out on a lot of potential revenue. In this blog post, we will discuss five ways that chronic care management can help improve your bottom line.
Increased Patient Satisfaction
By providing proactive, personalized care to your chronically ill patients, you can significantly improve their overall satisfaction with your practice. This is especially true for conditions such as diabetes and hypertension which require regular attention and management.
Improved Outcomes
Chronic care management helps ensure that your patients receive the best possible care for their condition. Research has shown that the timely, coordinated delivery of chronic care services can reduce hospitalizations and emergency room visits, improve patient outcomes, and minimize complications from their condition.
Reduced Costs
By implementing a chronic care management program you can help reduce health care costs overall as well as your own practice's costs. Studies have shown that when a practice provides chronic care management services, it can help reduce emergency room visits and hospitalizations for their patients.
Increased Reimbursement
Chronic care management is also reimbursable as CPT code 99490. This means that your practice can earn additional revenue by providing these services to your chronically-ill patients.
Increased Revenue
By providing chronic care management services, you can increase your practice's bottom line with additional revenue from CPT code 99490. Additionally, you may also be able to charge a fee for the service itself which can further add to your income.
Overall, chronic care management is a great way to improve your bottom line and ensure that your patients receive the best possible care for their condition. Implementing a chronic care management program can help increase satisfaction, reduce costs, improve outcomes, and increase revenue.
With these five benefits in mind, it is clear to see why providing chronic care management services makes sense - both economically and ethically. So don’t wait - start offering chronic care management services today!
If you have any questions about how to get started with chronic care management, please don’t hesitate to contact us. We’d be happy to answer your questions and help you get the most out of providing these services for your patients.
Personalized Care Coordination Offers the Following:
- Comprehensive chronic care management services
- Customized plans for each patient
- Regular follow-ups with your staff and providers
- Comprehensive reporting to ensure ongoing progress
- Proactive outreach to patients to provide additional support and education
- Assistance in coordinating care with specialists, as needed.
- Access to physician-guided care that is personalized, efficient, and evidence-based.
- Access to our team of experienced providers who are available for consultation as needed.
At Personalized Care Coordination, we understand the importance of providing quality chronic care management services and helping Practices maximize their revenue. Contact us today to learn more about how we can help your practice achieve its goals.
