June 4, 2009
Remote cardiac monitoring company LifeWatch has inked an exclusive carrier agreement with Verizon Wireless for its mobile phone-based service for cardiac patients. LifeWatch's LifeStar Ambulatory Cardiac Telemetry (ACT) service is a direct competitor to CardioNet's MCOT service, but unlike CardioNet, the company uses the patient's mobile phone to transmit the monitoring data. CardioNet uses a...
May 19, 2009
As we reported a few weeks ago, a financial analyst issued a report that claimed Highmark CMS was planning to reduce the reimbursement rate for CardioNet's wireless cardiac monitoring service and the report ended up dominating the wireless health company's most quarterly investment call.
This week, CardioNet announced that Highmark CMS' reimbursement rate for CPT code 93229, Mobile Cardiovascular...
May 5, 2009
One of the critical success factors for a wireless healthcare service is a physician's willingness to prescribe it, and that conversation typically begins once a service has been given the green light for reimbursement by the Centers for Medicare and Medicaid Services (CMS) and other payers.
CardioNet, mHealth's Reimbursement Pioneer?
CardioNet, the only pure-play wireless health company that has...
March 25, 2009
BeWell Mobile Technology's Vice President and General Manager Greg Seiler called on the federal government to outline better guidelines for getting the Centers for Medicare & Medicaid Services (CMS) to recognize the value of mobile-based health systems and subsequently offer reimbursement for their use.
"It'd help to have clear support and guidance coming from Washington for how to enter the...