Proving the Business Case for the Internet of Things

Qardio remote patient monitor increases revenue opportunity

Steve Rogerson
June 5, 20`8



California-based digital health company Qardio has introduced a remote patient monitoring service that helps doctors deliver non face-to-face care while increasing revenue opportunities with the US CPT reimbursement code 99091.
 
This service is powered by the firm's QardioMD doctor platform, which automatically compiles and analyses patient vitals such as blood pressure, ECG and weight recorded outside the doctor's office. This means doctors can more easily be reimbursed for the remote care they provide for treatment related to conditions such as hypertension and obesity.
 
The remote monitoring platform empowers patients with an intuitive app and connected devices that are proven to drive patient engagement. Patient data are synced to the QardioMD dashboard where they are organised in an actionable way. QardioMD connects seamlessly with existing EHRs, and physicians have access to time tracking tools to expedite reimbursement of claims.
 
"The success of remote monitoring starts and ends with an engaged patient that measures frequently and provides doctors with medically accurate data they can trust," said Rosario Iannella, CTO of Qardio. "This is what Qardio does best. Our users measure blood pressure three times more often than other BP monitor owners and they stay engaged for periods of time unprecedented in the health industry."
 
Doctors across the USA are already providing remote care to their patients. A study estimated that the number of remotely monitored patients will reach 50.2 million in the next four years. Qardio's latest offering gives these doctors a convenient way to bill for multiple CPT codes while improving patient satisfaction and health outcomes.
 
"QardioMD can be setup in a matter of minutes with zero upfront investment, and it eliminates all frictions for physicians to provide remote monitoring and care," said Martina Janeckova, VP of business development at Qardio. “It is a tangible opportunity to enhance care while growing reimbursement revenues. Doctors not exploring these opportunities are missing out on significant profits and might not have the chance later on as a patient with multiple doctors can only select one provider to get reimbursed under these codes."
 
Remote monitoring with Qardio is particularly suitable for patients with chronic conditions who usually require frequent routine check-ups and long-term care. As more adults develop these conditions earlier in life, technology such as Qardio's is said to allow access to care in a better way for both the patient and the doctor.