Providing Annual Wellness Visits to patients covered by Medicare is a great way to grow your revenue year after year, whether you’re a practice of one physician or a large hospital system. In this video, we’re looking at Blue’s simplified implementation plan to optimize your revenue with Annual Wellness Visits. We have 4 phases from reviewing your current processes to surpassing your financial goals.
The proposed program aims to enhance Annual Wellness Visits for Medicare beneficiaries within your practice or hospital system. Phase 1 involves evaluating the current state of your practice, establishing a communication strategy, forming an AWV steering committee, and boosting your organization’s capacity for more AWVs. Phase 2 focuses on ensuring a provider-friendly workflow, implementing electronic health record triggers, demonstrating downstream revenue benefits, and launching a pilot program. Following the pilot’s success, Phase 3 aims to expand the program to all providers and locations. Finally, Phase 4 emphasizes ongoing success through regular reporting, provider feedback, and the development of audit tools to track the sustained revenue growth from AWVs.
Contact Blue about AWVs
If you would like to learn more about Medicare Annual Wellness Visits, the implementation process, or how your healthcare organization can optimize AWVs, please reach out to your local Blue & Co. advisor, or one of our AWV experts: Brandon Bond or John Wortley.
Brandon Bond, Senior Consultant
John Wortley, Senior Manager