Introducing

EllieBox

Track medication adherence with Ellie in order to keep patients healthy and create a new recurring revenue stream

Problem

Currently, RxPack's are not able to provide Remote Therapeutic Monitoring (RTM) services that are reimbursable by Medicare. This is because the boxes that pharmacies use to deliver the packs do not have the technology to gather adherence data.

Solution

Currently, RxPack's are not able to provide Remote Therapeutic Monitoring (RTM) services that are reimbursable by Medicare. This is because the boxes that pharmacies use to deliver the packs do not have the technology to gather adherence data.

Monthly Recurring Revenue

Medicare will reimburse ~$143/month/patient for medication adherence monitoring done by providers &NPPs. You can now benefit from this new rule by using EllieBox.

How It Works

  1. In just 5 seconds, customers can insert packs into the EllieBox and start pulling them out
  2. EllieBox uses sensors to measure how many packs have been pulled out
  3. Healthcare providers use our API to collect reimbursable adherence data
  4. Healthcare providers can reach out to patients and also be reimbursed for the outreach

What is RTM?

(Remote Therapeutic Monitoring )

Remote Therapeutic Monitoring (RTM) is designed to help healthcare providers manage patients by using medical devices that collect non-physiological data. By adding new RTM codes and guidance, payers (including Medicare) have opened up new ways to care for your patients and generate recurring revenue streams.

EllieGrid is a smart pill organizer that not only helps increase medication adherence, but also allows doctors and non-physician practitioners to provide effective RTM services.

RTM Codes

98975 ($19)

Setup and patient education on use of equipment.

98976, 98977,989X6 ($54/MONTHLY)

Monthly reimbursement for the gathering of medication adherence data via EllieGrid

98980 (~$49/MONTHLY)

1st 20 minutes of communication with the patient

98981 (~$40/MONTHLY)

Each additional 20 minutes of communication with patient

Are you looking for better health outcomes & recurring revenue?