Come January 1, new Medicare regulations will take effect compensating physicians for providing care coordination to senior citizens with chronic conditions.
Geriatric patients often lack access to quality care coordination. With the heightened risk of complications that come from chronic diseases such as diabetes and heart disease, that opens the door for further hospitalization and potentially deadly problems. Now, providers will be paid for time working with other specialists and professionals involved in a patient’s care. They will also be compensated for working to ensure that patients’ mental health needs are taken care of, helping to coordinate access to services and medications to improve treatment outcomes and overall health.
Payouts will begin at $142.84 for the first 70 minutes, $126.33 for the next hour, and $66.04 per half hour for continued tracking of patients’ treatment and recovery.