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Table 5 Potential return on investment (ROI) based on pharmacy billable services

From: Evaluation of a clinical pharmacist team-based telehealth intervention in a rural clinic setting: a pilot study of feasibility, organizational perceptions, and return on investment

Time spent/consultation (minutes)

Chronic Care Management code

Reimbursement*

No. of billable events

Potential revenue

20

99490

$43

14

$602

60

99497

$94

12

$1128

90

99487 + 99489

$141

16

$2256

   

Reimbursement

$3986

   

Cost of service

$2846

   

Potential net profit

$1140

   

ROI

1.4:1

  1. *Reimbursement amounts based on Iowa Medicare billing in 2017