CareCloud Adds Chronic Care Management Service to its Digital Health Portfolio
CareCloud has unveiled its new CareCloud Wellness service, enabling medical practices to engage in the Chronic Care Management (CCM) program without additional operational costs. This initiative aims to enhance patient care for those with multiple chronic conditions while offering revenue opportunities for providers from services rendered to Medicare and Medicaid patients. The service includes coordinated care plans and non-face-to-face reimbursement options, promising to improve patient outcomes and operational efficiency.
- Launch of CareCloud Wellness enables practices to participate in the CCM program without extra operational costs.
- Service targets high-risk patients, enhancing care and creating revenue opportunities for providers.
- Unlocks reimbursement for non-face-to-face services, increasing potential earnings for healthcare providers.
- None.
CareCloud Wellness empowers practices to participate in the CCM program, with a turnkey solution for coordinated care.
SOMERSET, N.J., April 27, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, has announced its new offering for chronic care management as part of its growing suite of digital health solutions that help providers enhance patient care and revenue streams. CareCloud Wellness gives practices the means to easily participate in the government’s chronic care management (CCM) program, without having to expand operations.
CareCloud Wellness is a software-enabled service that extends care to high-risk patients with multiple chronic conditions. This service, which comes at no additional operational expense to the provider, gives physicians increased program eligibility and the opportunity to collect payment for providing in-between appointment services to Medicare, Medicaid, and dual-eligibility patients.
“Under today’s value-based healthcare model, the Centers for Medicare and Medicaid Services (CMS) considers the CCM program to be an essential component of care for chronically ill patients. However, providers have found it difficult to capitalize on this program because participation often requires costly operational investment,” said CareCloud CEO and President Hadi Chaudhry. “With CareCloud Wellness, we are giving our clients a turnkey solution that enables participation–giving them the ability to create revenue opportunities while improving patient health and experiences."
Patients enrolled in CareCloud Wellness, through their provider, receive monthly calls and follow-ups from a team of dedicated practitioners and care managers. Care managers work in partnership with the provider to coordinate care plans that consider nutrition, medication, and lifestyle in a holistic approach to chronic care management.
“By provisioning this solution, we contribute to the better health of patients while providing practices with a digital health solution that boosts revenue and increases patient satisfaction,” said CareCloud COO of EHR and telehealth, Dr. Iram Fatima, M.B.B.S. “We provide staffing and operations to give practitioners the confidence that their patients are well cared for.”
Additionally, CareCloud Wellness unlocks reimbursement opportunities for non-face-to-face services such as e-prescribe and charts review. To learn more about CareCloud Wellness, visit www.carecloud.com/chronic-care-management/.
About CareCloud
CareCloud (Nasdaq: MTBC, MTBCO, MTBCP) brings disciplined innovation to the business of healthcare. Our suite of technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care while reducing administrative burdens and operating costs. Learn more about our products and services including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, telehealth and patient experience management (PXM) at www.carecloud.com.
Follow CareCloud on LinkedIn, Twitter and Facebook.
SOURCE CareCloud
Company Contact:
Bill Korn
Chief Financial Officer
CareCloud
bkorn@carecloud.com
Investor Contact:
Gene Mannheimer
ICR Westwicke
CareCloudIR@westwicke.com
Media Inquiries:
Kaitlyn Mode
Corporate Communications Manager
CareCloud
kmode@carecloud.com
FAQ
What is CareCloud Wellness?
How does CareCloud Wellness benefit healthcare providers?
Which patients does CareCloud Wellness target?
What reimbursement options does CareCloud Wellness provide?