Digital Health Creates New Revenue Opportunities for Healthcare Professionals in 2024
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2024 is expected to bring change to the healthcare landscape, and with that change comes revenue opportunities for physician practices who provide the much needed training to Family Caregivers.
The Centers for Medicare and Medicaid (CMS) have already set up billing codes for physicians treating patients with Alzheimer's, Dementia, and other Cognitive Health Conditions for 2024, and here are a few ways Healthcare Professionals can benefit:
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Reimbursement for Caregiver Training: Healthcare professionals will be able to bill for caregiver training services provided to family caregivers. These services may include educating caregivers about medication management, symptom recognition, or specialized care techniques.
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Collaborative Care Models: As the healthcare industry continues to move towards collaborative care models, CMS recognizes the crucial role of family caregivers in patient care and considers their role integral to patient outcomes. As a result, reimbursement opportunities for caregiver training will increase as healthcare systems prioritize caregiver education and support.
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Expanded Patient Coverage through Digital Health Partnerships: Providing caregiver training to someone caring for an aging adult with dementia, Alzheimer's or other cognitive impairments can create timing and logistical challenges for the patient and disruption to a physician practice. With the CareLink360 Digital Health Companion™, virtual training, support tools, and caregiver education can supplement and in many cases replace in-person training.
Partnership and increased revenue for your practice are easy. Through our Partnership Program, we handle it all: Sales materials and Support, Distribution of the Digital Health Companion™, Technology support for the user and their family, and any required follow-up.
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