Why Outsourcing Chronic Care Management is the Only Option for a Private Practice

With the rise of chronic conditions in the United States, healthcare professionals everywhere are moving to introduce life-saving services to their patients in need. The introduction of Chronic Care Management by CMS in 2015 lead to the rise in quality of life among thousands of individuals suffering from multiple chronic conditions in the US. Not only this, but it is helping providers better the lives of their patients, improve their bottom line, and grow their practice.

CCM enables providers the tools and structure to simplify care for patients who are lost in a web of medical providers, making it easier for them to stay engaged, take charge, and improve their health. In order to effectively implement and offer these live-saving resources, the only option a private practice has is outsourcing Chronic Care Management. Outsourcing Chronic Care Management to a trusted services vendor will ensure success.

How Outsourcing Chronic Care Management Makes a Difference:

1) Introduce New Revenue

Introducing CCM into your practice gives a private practice the potential to introduce an entirely new revenue stream. Reimbursements for these services can earn your practice as much as 85k per year, per billing provider. This will help ensure your practice is providing patients with the services you need to in order to successfully earn those reimbursements. Your services vendor will conduct your monthly check-in phone call with patients, review their care plans, educate patients, and more. By outsourcing Chronic Care Management to a trusted vendor, the provider will not only introduce new revenue, but also protect it.

2) Improve Patient Retention

Patients with multiple chronic conditions are leaving their providers for multiple reasons. A common reason being that many of these patients are overwhelmed in their care efforts. They have to keep track of, visit, and comply with a multitude of different providers in order to get their best shot at a higher quality of life. This is exhausting for a patient who might not even be well enough to leave the house on their own. Outsourcing Chronic Care Management will enable your practice to offer these patients a solution. Your CCM services vendor will work with your patients who coordinate care and schedule in a way that makes sense for their life. By outsourcing Chronic Care Management, patients will not only stay at your practice, but new ones will make their way through your front door.

3) Reduce Administrative Strain

Introducing any new services into your private practice creates an administrative strain on your staff. New team members must be hired to manage the different aspects of these services and it creates a multitude of new work across your practice. Outsourcing Chronic Care Management keeps your practice from having to organize, track, and management some of these aspects so that offering CCM to your patients is a simpler process. Outsourcing Chronic Care Management transfers many of these responsibilities to the vendor by taking on responsibilities like obtaining basic vitals, plugging them into a comprehensive patient portal, and helping them keep track of medications. With the right vendor, providers will have peace-of-mind that their patients are getting what they need and that their reimbursement is on the way.

Outsourcing Chronic Care Management is the solution for many providers who want to improve and save the lives of eligible patients. The implementation of CCM will positively impact your bottom line while simultaneously simplifying care for those patients without straining your resources. In order to successfully implement and manage these efforts, outsourcing Chronic Care Management is the only option for your private practice. To learn more about how your practice can outsource Chronic Care Management services, click here.