RE:Time to consider why RHT should be able to produce and WRONG. Patient approval to receive telehealth services is only good for 60 days so doctors must repeatedly seek approvals and the patient can discontinue use at any time. Reliq says it has built a feature into the software to automate this but we don't know how it is really going.
3.5.1 Prior Authorization of Telemonitoring Services
Procedure code 99090 with or without modifier GQ requires prior authorization. Home telemonitoring services may be approved for up to 60 days per prior authorization request. If additional home telemonitoring services are needed, the home health agency or hospital must request prior authorization before the current prior authorization period ends.
HHHAPPY wrote:
maintain significant revenue production. Understand that they are registering patients who have disabilities that require long-term [actually, life long] care. The system reports physical information regarding the patients' health with particular emphasis regarding the disabilities that the patient is experiencing.
The government programs and private insurance programs that pay for this service, once the patient is uploaded are continued for the life of the patient. Why is such a seeming large expense willingly paid by the government or private insurance? Because it saves them money!! The system allows medical coverage of the patient to monitor any physical changes that can be noted This results in their doctors/nurses making sure they are being stabilized by prescribed medication And most important any severe deterioration occurrence can alert the need for care. This service will greatly decrease readmissions to hospitals of patients following surgeries. It hopefully minimizes the deterioration of the patient reducing harm and expensive measures.
Thus once the patient is enrolled they have paid for their monitor which provides a payment to RHT towards the cost of enrollment. The plan payment is now AUTOMATICALLY received every month. The computer does the work. Provision of the information is available to all medical staff via computer. Recurrent revenue is monthly recorded!
200,000 patients X $40.00= $8 million a month is stated by Dr.L. Crossley as assured present applicants.
I know of one medical health group in the USA with 1.4 million members who a Board member of the group feels, at a minimum, 30% having debilitating conditions, would benefit from the RHT program. With the caveat, whether RHT has the capability of handling such a large increase.
With this potential, I can see an Apple or Amazon interest! I can dream