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Therma Bright Investigates Remote Therapeutic Monitoring (RTM) Reimbursement for its AI-Driven Digital Cough Technology
Company Sees Benefits For Healthcare Practitioners, Businesses and Governments To Better Collect,...
About this update from Therma Bright Inc.
[{"type":"text","content":"Therma Bright Investigates Remote Therapeutic Monitoring (RTM) Reimbursement for its AI-Driven Digital Cough TechnologyCompany Sees Benefits For Healthcare Practitioners, Businesses and Governments To Better Collect, Capture And Analyze Critical Respiratory DataToronto, Ontario--(Newsfile Corp. - June 22, 2023) - Therma Bright Inc. (TSXV: THRM) (OTCQB: TBRIF) (\"Therma\" or the \"Company\"), developer and partner in a wide-range of leading-edge, proprietary diagnostic and medical device technologies, announced today it has begun investigating opportunities to commercialize and monetize it artificial intelligence (AI) driven Digital Cough Technology (DCT) as a remote therapeutic monitoring (RTM) solution, and has begun researching the Centers for Medicare and Medicaid Service (CMS) procedures for securing various Current Procedural Terminology (CPT®) and Healthcare Common Procedure Coding System (HCPCS) billing codes for patient and practitioner reimbursements.Therma Bright's AI-driven DCT platform represents a timely entry into a growing RTM marketplace; helping to support healthcare decision-making by improving the ability to collect, organize, and display cough and respiratory data for health care providers, as well as epidemiologists who are public health workers that investigate patterns and causes of disease. The AI-driven DCT data collection solution will allow health practitioners and epidemiologist to make more accurate and informed clinical decisions in order to quickly address a patient's specific issues or a group of patients' similarities for quicker detection of the spread of a viral disease.\"The global penetration of smartphones, coupled with improved 4G/5G internet connectivity and AI-driven/machine learning data capture and analysis, has helped advance the healthcare IT space,\" shared Rob Fia , CEO of Therma Bright. \"The COVID-19 pandemic was a wakeup call to our global communities, and the need to quickly and efficiently collect, capture and analyze critical healthcare data, such as digital cough technology, from a single patient to millions of people; allowing a clinic, healthcare practitioner, corporation and/or government entity to better determine the potential rise or prevalence of a chronic disease.\"In conjunction with its CMS effort, the Company plans to complete the AI-driven DCT user-interface ...