For Providers
Statistics.
Health care spending in the US increased by 9.7% in 2020, reaching $4.1 trillion, of $12,530 per person. Healthcare spending accounted for 19.7 percent of the nation’s GDP.
90% of the nation’s annual health care costs are for people with chronic and mental health conditions.
According to Medicare claims data, CCM reduces unnecessary hospital visit by 4.7%, ED visits by 2.3% and manages health problems with an extra level of care. In turn, patients are healthier, more connected, and save on healthcare costs annually.
In 2014, Medicare began paying separately under the Medicare Physician Fee Schedule (PFS) for Chronic Care Management services provided to Medicare patients with two or more chronic conditions.
CCM services can reduce the average monthly per-patient cost by $74 and still bring revenue to physician practices.
(Statistical Sources)
CMS - https://innovation.cms.gov/files/reports/chronic-care-mngmt-finalevalrpt.pdf
CDC-https://www.cdc.gov/chronicdisease/about/costs/index.html
Solutions.
Chronic Care Management Solutions (CCMS) has a mission to continually improve patient quality of care and satisfaction. Offering team-based care to improve patient outcomes and close care gaps, while increasing your practice’s revenues, including reimbursement for the non-face-to-face work your office is already doing.