CPT codes 99490 are the new chronic care management codes that took effect from 1st Jan 2015. This code permits the healthcare providers to settle down various services to medicare patients for which they were not reimbursed before. Like an early adapter, though, they may be confident that their efforts need to comply with the codes to compensate the monetary benefits to their practices.
There are many financial and intangible reasons to comprise CPT Code 99490. Here we have a few main strategies as to how the healthcare providers and medical organizations can greatly streamline the reporting process and start realizing the financial profits of the CPT Codes more promptly than they might expect.
Objective of CPT Code 99490
The main objective of CPT Codes 99490 is to improve the efficiency of care while also improving the revenue of the healthcare providers. Basically, medicare beneficiaries with two or more chronic diseases will mainly be covered under the surveillances of 5 to 7 healthcare providers and it is really difficult to coordinate information and plan treatments with all healthcare providers. At that time, this CPT Code plays an important role. It needs the provider to spend at least 20 min with each patient per month and in return, the healthcare providers will be reimbursed with $43 per month per patient. Check How virtual physician portal has revolutionized Health Information Exchange and EMR
Policies to Implement CPT 99490
Implementing the CPT codes is not a difficult task; it can be implemented by following some key policies in their healthcare practices.
- In first policy, the healthcare organization conduct a complete assessment that how their services follows the patient and their health from the other healthcare providers. This assessment helps to look at both the staff level and the technological capabilities which confirm that process are in place which allows the patients to interact with their caretaker.
- In second policy, the medical organization uses chronic care management to catalyze modification of present sick-based meeting driven workflow to organize the system with the patients and other healthcare providers actively. This strategy is useful for the patient with chronic diseases who mainly goes through the various facilities in the medical organization.
- In third policy, it reaches out for the professional assistance. The chronic care management CPT Codes is a new concept, so it is sensible to discuss with a professional who is expert in this field. Additionally, the efforts to observe can be contracted out. It is just like that a healthcare provider is learning from another provider who has more experience in this field. The professional helps to learn more by providing an option in performing CCM in –house. CCM has many elements to maintain the track of fulfilling the code necessity.
- In fourth policy, they implement the technology that matches with their infrastructures and also provide them to collect the information that they require to convey the code. A load of administrative hurdles related with the necessities can be tackled only by the advanced and accurate technology. The proper use of information that gathers from various healthcare provider helps to boost the confidence in treating the patient more effectively. This will also boost the confidence of all staff and convey the positive feedback. Additionally, the advanced technology that suits with their services helps apply the code even simpler.
In the healthcare industry, it is observed that things are getting complicated day by day. It is logical that healthcare provider would be cynical of yet another code. CPT Codes 99490 is characterizing an investment in patients and latest workflows, which helps to increase the healthcare system requirements and upgrade the quality of life. The new code has a potential to upgrade the healthcare for patients with chronic conditions.