CMS Adds Home Monitoring Reimbursement to Home Health Payments

I have blogged previously about the growing decentralization in healthcare with an increasing number of services provided away from hospitals and with movement toward consumer homes (see:TEN MAJOR TRENDS FACING THE HEALTHCARE INDUSTRY IN THE AMBULATORY SPACE ON A FIVE-YEAR HORIZON;Mobile Health Teams as a Variant on the Theme of Decentralized Acute Care in the Home). New technology is providing cost-effective and useful solutions in terms of home monitoring devices (see:Top 10 Remote Patient Monitoring Companies for Hospitals).A key element in the success of new ways to deliver healthcare has always been whether reimbursement for new models of care is available. CMS has proposed changes to the HomeHealth Prospective Payment System that would provide incentives for the use of remote monitoring devices (see:CMS Proposal Adds Remote Patient Monitoring in Home Health Payments). Below is an excerpt from a recent article on this topic:In [a recent announcement]..., the agency stated that these changes will advance its efforts to put patients over paperwork and prioritize value-based care....Specifically, CMS proposed to allow home health providers to include remote patient monitoring tools as an allowable Medicare cost. This means providers could be compensated for using some remote patient monitoring technologies, making a financial case for the patient engagement tools.CMS defined remote patient monitoring as “the collection of physiologic data (for example, E...
Source: Lab Soft News - Category: Laboratory Medicine Authors: Tags: Healthcare Business Healthcare Delivery Healthcare Information Technology Healthcare Innovations Healthcare Insurance Public Health Source Type: blogs