Notice even in 1962 the Jetsons new what was coming----telemedicine is now!!!!the future is very bright for our company I am very RAPturous (I love that word especially considering the first three letters involve our ticker code
) with the progress thus far.....
On a more serious note----check this out folks:
"Lifting telemedicine limits would save Medicare $1.8B over 10 years"
This new bill being introduced if passed will put a rocket under RAP, heading to plant jetson's....
Lifting telemedicine limits would save Medicare $1.8B over 10 years
Reimbursing physicians for consulting with and monitoring Medicare patients at home could yield significant savings, according to a new study spurred by recently proposed legislation.
Medicare fee for service (FFS) already allows reimbursement for telehealth services provided to patients at rural area health clinics, but not from the patient's home.
A new bill that has bipartisan congressional support would expand Medicare reimbursement of telehealth consultations and remote patient monitoring (or RPM for the chronically ill) with fewer restrictions from current geographic and service location requirements.
The bill, Creating Opportunities Now for Necessary and Effective Care Technologies (CONNECT) for Health Act, is expected to save the federal government $1.8 billion over 10 years, according to Avalere Health, a consulting firm based in Washington, D.C.
is expected to reach $6 billion by 2020,according to InMedica, a division of IMS Research.
Current law limits telehealth reimbursement to certain clinical sites and rural areas, bans patients from storing and forwarding information to physicians (i.e., via electronic medical records, email and other communications technology), and doesn't reimburse telehealth services from physical or occupational therapists.
By removing the latter restrictions, the CONNECT Act would broaden healthcare and reach patients who struggle with access, reducing costs for in-office visits, legislative sponsors of the bill have said.
The American Medical Association (AMA) has thrown its support behind the CONNECT Act, saying it will "greatly" improve access to quality care while maintaining patient safety.
"This legislation has the potential to remove barriers to new healthcare delivery models that promote coordinated and patient-centered care. Importantly, the bill aims to maintain high standards whether a patient is seeing a physician in an office or via telemedicine," said AMA President Steven Stack.
"Telemedicine can strengthen the patient-physician relationship and improve access for patients with chronic conditions and limited access to quality care. The AMA's guiding principles on telemedicine seek to foster innovation while promoting quality care," Stack added.
This story was originally published by computerworld"
http://www.cio.com/article/3029669/...ts-would-save-medicare-18b-over-10-years.html
Interesting random thought how much this space will grow if the bill is passed. Also the benefits for Resapp are huge seeing our app slots in nicely within the telemedicine space....
YES very cloud nine kinda stuff, or should I say RAPturous
Cheers
Red bar
Random thought
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #