Track medication adherence with Ellie in order to keep patients healthy and create a new recurring revenue stream.
Introducing
EllieBox
Track medication adherence with Ellie in order to keep patients healthy and create a new recurring revenue stream.
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
EllieBox uses sensors to collect adherence data. This enables pharmacies to provide RTM services and create a new recurring revenue stream. Ellie also provides customers with a high-end reusable box that they will appreciate more than a cardboard box.
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
- In just 5 seconds, customers can insert packs into the EllieBox and start pulling them out
- EllieBox uses sensors to measure how many packs have been pulled out
- Healthcare providers use our API to collect reimbursable adherence data
- Healthcare providers can reach out to patients and also be reimbursed for the outreach
Problem
Currently, RxPack pharmacies 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
EllieBox uses sensors to collect adherence data. This enables pharmacies to provide RTM services and create a new recurring revenue stream. Ellie also provides customers with a high-end reusable box that they will appreciate more than a cardboard box.
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
- In just 5 seconds, customers can insert packs into the EllieBox and start pulling them out
- EllieBox uses sensors to measure how many packs have been pulled out
- Healthcare providers use our API to collect reimbursable adherence data
- Healthcare providers can reach out to patients and also be reimbursed for the outreach
I Forgot If I
Took My Pills...
Thanks to sensors in the pill box, Ellie can build reports so that you can check to see if you took your pills (included in EllieGrid Plus).
Caregivers Stay Informed
If you miss your pills, Ellie can send a family member a text/email so they can help you stay on track (included in EllieGrid Premium).
Everyone Loves Ellie
Our Story
In 2019, I suffered a brain bleed that resulted in me losing movement on the right side of my body and my ability to speak. I had to undergo multiple brain surgeries, rehab, and start taking various medications. I tried using traditional pill boxes, but I hated that they were not very helpful, took forever to organize, and looked like ugly medical devices. Luckily, my friends (Abe Matamoros and Hieu Nguyen) and I designed Ellie! I am doing much better now and hope that Ellie can help you as much as she helps me!
Sincerely - Regina Vatterott
Everyone Loves Ellie
Our Story
In 2019, I suffered a brain bleed that resulted in me losing movement on the right side of my body and my ability to speak. I had to undergo multiple brain surgeries, rehab, and start taking various medications. I tried using traditional pill boxes, but I hated that they were not very helpful, took forever to organize, and looked like ugly medical devices. Luckily, my friends (Abe Matamoros and Hieu Nguyen) and I designed Ellie! I am doing much better now and hope that Ellie can help you as much as she helps me!
Sincerely - Regina Vatterott
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
CPT# 98975
Setup and patient education on use of equipment (~$19)
CPT# 98976 (Respiratory), # 98977 (Musculoskeletal), or #989X6 (Cognitive Behavioral)
Data Collection (~$54/monthly)
CPT# 98980
1st 20 minutes of communication with the patient (~$49/monthly)
CPT# 98981
Each additional 20 minutes of communication with patient (~$40/monthly)