In a recent article by Managed Healthcare Executive, the site reported that at least 25% of Americans currently live with two or more chronic conditions. Managed care, or the idea that there is one central facilitator for the physicians, practices, care centers, and pharmacists involved in complex care, is more critical than ever.
In the current system, care facilitation is done by the health plan. There is a growing trend; however, that care is managed between the payers and the providers in a way that leverages new technologies available.
Technology such as Remote Patient Monitoring is available to any Medicare member. A patient with two or more chronic illnesses could be monitored by the physician without having to come into the doctor’s office, and the practice could seek reimbursement for these treatments. Reimbursements increase the fiscal health of the medical practice while lowering the overall costs to Medicare.