reimbursement

By Dave Muoio 11:36 am September 2, 2020
Abbott announced yesterday that its recently cleared FreeStyle Libre 2 integrated continuous glucose monitoring (CGM) system is now covered by the Centers for Medicare and Medicaid Services (CMS), and available to Medicare beneficiaries with diabetes who meet eligibility criteria. Indicated for diabetes management in patients aged four years or older, the updated version of Abbott's system can...
By Ralf-Gordon Jahns 04:48 am March 17, 2020
Ralf-Gordon Jahns [pictured on the right] is the managing director of market analyst and strategy consultancy company Research2Guidance. Since 2008, he strategically advises healthcare companies and startups to better understand the value of adopting digital innovations. Prior to founding Research2Guidance, Ralf was a member of the leadership team of Capgemini Telecom Media & Networks...
By Dave Muoio 02:43 pm January 21, 2020
Gentem, a San Francisco tech startup looking to streamline reimbursement for smaller practices, has raised $3.7 million in seed funding. Susa Ventures headed the raise, which also saw support from Village Global, Vulcan Capital, Hustle Fund, 500 Fintech, Social Starts, Great Oaks VC and other unnamed backers. WHAT THEY DO In an effort to reduce the stress of payments for those working in small-...
By MobiHealthNews 03:07 pm July 19, 2019
Digital health-focused moves from payers throughout the last quarter ranged from partnership agreements and program launches to acquisitions and CMS coverage rulings. Several such headlines came from major players like Cigna, UnitedHealth Group, pharmacy benefit managers (PBMs) and various Blue Cross plans, and frequently involved digital health mainstays such as Livongo, Fitbit, Doctor on Demand...
By Jonah Comstock 02:27 pm November 14, 2018
Diabetes management company Virta Health announced today that the company will offer its service to employers and health plans at 100 percent risk — that is, customers will only pay if the company succeeds in its goal of reversing Type 2 diabetes and getting patients off of expensive diabetes medications. “Whoever pays the healthcare bill today, we say to them, 'Wouldn’t it be awesome if we could...
By Dave Muoio 01:20 pm November 1, 2018
The Centers for Medicare and Medicaid Services has locked in a rule that will allow home health agencies to report the cost of remote patient monitoring for reimbursement under Medicare. According to the announcement, released yesterday, this rule will be implemented in 2020. Alongside this change also came others regarding payment and safety standards for qualified home infusion therapy...
By Jonah Comstock 03:31 pm March 20, 2017
New York City-based betterPT has raised $1.5 million for its mobile platform for connecting patients to physical therapists. Loeb Holding Corp was the sole investor in the seed round. The genesis of the company grows out of a law recently passed in 29 out of 50 states known as “direct access”, which allows patients to get up to 10 physical therapist visits without a prescription and still be...
By Brian Dolan 09:24 am August 25, 2015
Thanks to a mix of new payment models and the rise of consumer-driven healthcare, remote patient monitoring and remote care services are increasingly available and increasingly popular. This year brought with it a number of important developments in digital health reimbursement that will accelerate the trend. In addition to the now, well-known new Medicare billing code for chronic condition...
By Jonah Comstock 09:02 am June 25, 2015
Video doctor visits have the potential to help many different kinds of patients, but elderly patients, who are sometimes homebound or have trouble driving, would seem like a natural fit -- including the more than 50 million Americans on Medicare. However, according to a new report from Kaiser Health News, fewer than 1 percent of Medicare beneficiaries use video visit technology, owing mostly to a...