Chronic Care Management (CCM) is a critical component of primary care that contributes to better health and care for individuals. The rapid shift toward value-based care, increasing reimbursements from Medicare and commercial payers, the emphasis on efficiency and quality of care is driving CCM to a whole new level. With the right approach, CCM can prove to be a simple enhancement to an existing care workflow that generates significantly increased revenue and improved clinical outcomes.
In order to diagnose chronic conditions effectively, CMS has developed CCM reimbursement model that is leveraged by commercial payers for their Medicare Advantage plans. This broadens the impact of CCM beyond just those providers with significant patient populations covered by Medicare. Patients today not only want assistance with managing chronic conditions, they also desire to receive extra care and support. To facilitate this, most of the healthcare providers are coming up with chronic disease management programs focused on the needs of a defined population of patients. Healthcare providers are also automating some of the communication and outreach to offer effective ongoing chronic care support.
Technologies like big data, cloud computing and Internet of Things are facilitating better communication and collaboration across the entire chronic care continuum and are enhancing care delivery. Along the same lines, healthcare industry is gearing toward building analytics competency to accelerate care quality and drive operational and clinical developments. From smart algorithms, wearables to smart sensors and innovative practices, the new technology entrants are making big strides in the world of overwhelming data to improve management of chronic diseases as well as to contribute efficiency and productivity in diverse operations.
As more healthcare providers invest in these technologies and system capabilities, they’re seeing proven results. Consequently, the market, today is replete with multitude of technology solution providers to assist companies improve performance and productivity. To help organizations select the best vendors that offer the most promising solutions, Medtech Outlook presents the “Top 10 Chronic Care Management Solution Providers - 2018”