As a therapist, you are always looking for ways to increase your revenue and offer better care to your patients. With the advent of teletherapy, you can now expand your reach beyond the traditional office setting and reach more patients than ever before. However, it’s important to also ensure that you are being properly reimbursed for your services. Remote therapy monitoring (RTM) offers an exciting opportunity to do just that. With RTM, you can receive higher reimbursement rates and provide enhanced patient care.
Anticipated RTM CBT reimbursement rates are estimated to be around 120% of what CMS pays or even more, offering therapists a significant revenue boost. On top of that, there is a one-time set up fee of $20. Noble Health, a leader in remote therapy monitoring solutions, charges $~60 per patient per month and the provider can receive $115 per patient per month. Additionally, patients may have a $20 co-pay which can also contribute to your therapy revenue.
With RTM, you can offer your patients a more convenient and accessible form of therapy. By using technology to monitor their progress, you can provide real-time feedback and support, ensuring that they stay on track and achieve their goals. Not only does this lead to better outcomes for your patients, but it also positions you as a leading provider of cutting-edge therapy services, which can help attract new patients and increase your overall revenue.
Noble Health provides a comprehensive platform for RTM, making it easy for you to implement this new service into your practice. With features such as real-time tracking and reporting, secure messaging, and customizable therapy plans, you can provide high-quality care to your patients without sacrificing your bottom line.
If you’re looking to increase your revenue as a therapist, consider incorporating RTM into your practice. With higher reimbursement rates and a more efficient and effective approach to therapy, you can provide better care to your patients and grow your business at the same time. Start your journey with Noble Health today.