What does MagnaMD do?
MagnaMD is a cloud-based solution that helps doctors and patients to quickly and consistently gather data remotely from anywhere, so they can make medical decisions together, and improve patients’ health.
We use an advanced and automated system that easily monitors patients’ health or medical conditions though remote medical devices : including weight scales, blood pressuere cuffs, and, glucoce meters.
These services are eligibile for insurance and Medicare billing*
*CPT billing codes 99453, 99454, 99457, and 99458
How to start with MagnaMD in 4 easy steps!
STAGE 1
Identify qualified candidates. Medicare, Medicaid, and many private insurance companies cover Remote Patient Monitoring for patients with chronic conditions.
STAGE 2
Patients who use medical devices for daily readings of physiologic data like blood pressure, heart rate and blood glucose must have their information reviewed by a licensed medical provider to check for possible issues. MagnaMD enables doctors/health providers to review the data yourself or rely on our team of licensed medical providers to review data 24/7.
STAGE 3
Patients using MagnaMD’s cloud-based platform tend to have 40% compliance rate when compared to those who don’t.
STAGE 4
Billing insurance can get complicated quickly with the different billing cycles and pre-requirements of CPT codes such as 99453, 99454, 99457, and 99458. Plus, most practices have to add new people or person-hours to sort and bill for each CPT code with insurers.
No commitment and no-long terms contracts.
