Remote Patient Monitoring Calculator

RPM device count and cost from patient panel.

Enrolled Patients

Device Cost per Patient ($)

Platform Fee ($/patient/month)

Clinical Minutes/Patient/Month

Clinician Hourly Rate ($)

Program Duration (months)

Tab to move between fields

Total Reimbursement ($)

$255,800.00

≈ 6 Teslas

Net Profit ($)

$119,800.00

≈ 8 used cars

Total Program Cost ($)$136,000.00

Monthly Reimbursement/Patient ($)$105.00

Monthly Net/Patient ($)$52.50

Program ROI (%)88.1%

How to Use This Calculator

Enter the number of patients in the RPM program and the monitoring devices per patient.
Set the device cost per patient and the monthly data transmission cost.
Input the clinical staff hours spent on data review per patient per month.
Review the Total Monthly Program Cost and the Cost Per Patient Per Month.
Compare the RPM Cost Per Patient against the average cost of a preventable hospitalization to quantify ROI.

How the result changes with Enrolled Patients

Enrolled Patients: Number of patients actively enrolled in remote monitoring.
Device Cost per Patient ($): One-time cost of monitoring device (BP cuff, glucometer, pulse ox, etc.).
Platform Fee ($/patient/month): Monthly RPM software platform cost per enrolled patient.
Clinical Minutes/Patient/Month: Average monthly clinician time reviewing data and contacting patient. 20+ min bills CPT 99457; 40+ adds CPT 99458.
Clinician Hourly Rate ($): Loaded hourly cost for the monitoring clinician (RN, MA, or provider).
Program Duration (months): Number of months to project the RPM program.

Total Reimbursement ($): Projected CMS reimbursement from RPM CPT codes (99453-99458).
Total Program Cost ($): All costs: devices, platform fees, and clinician time.
Net Profit ($): Revenue minus total costs over the program period.
Monthly Reimbursement/Patient ($): Expected monthly CMS reimbursement per enrolled patient.
Monthly Net/Patient ($): Monthly profit per patient after platform and clinical costs.
Program ROI (%): Return on investment: net profit as a percentage of total cost.

Identify Input Parameters
4 parameters
Enrolled Patients = 200, Device Cost per Patient ($) = 50, Platform Fee ($/patient/month) = 15, Clinical Minutes/Patient/Month = 30 = 6 input(s) provided
Calculate Total Reimbursement
Total Reimbursement = setupReimbursement + (monthlyReimbPerPatient * enrolledPatients * programMonths)
255800 = $255,800
Calculate Net Profit
Net Profit = totalRevenue - totalCost
119800 = $119,800
Calculate Total Program Cost
Total Program Cost = totalDeviceCost + (monthlyCostPerPatient * enrolledPatients * programMonths)
136000 = $136,000
Calculate Monthly Reimbursement/Patient
Monthly Reimbursement/Patient = monthlyDeviceReimb + first20MinReimb + additional20MinReimb
105 = $105