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Do you serve Medicare patients?
Are you concerned about Medicare's Value Based Care strategy?
Is your medical practice maintaining a demanding schedule?
Wonder how will you be able to comply with Medicare's Value Based Care regulations?
Do you want to provide your patient's with preventive services but can't find a way to do it?
if you answered YES to the previous questions, then, this is for you...
The Annual Wellness Visit is the cornerstone of Medicare's Preventive Services Strategy. It provides a baseline of the patient’s health status and keeps both the physician and patient informed of the current health condition, the threats and risks to their health and results in a Personalized Preventive Plan of Service designed to provide further understanding of the patient’s health condition and a clear course of action to correct risky behaviors and prevent chronic ailments.
What is the Annual Wellness Visit?
Why should I implement the Annual Wellness Visit in my Practice?
- Because it will give you a better understanding of the patient’s overall health condition and future risks
- Our research has shown that the Annual Wellness Visit improves the rapport between medical staff and patients
- The implementation of the Annual Wellness Visit will bring you to compliance with Medicare’s Value Based Care Standards
- Another important finding in our research is that the Annual Wellness Visit increases the success of treatment outcomes due to patient’s improved compliance to the plan of care
- The correct systematic approach to the implementation of the Annual Wellness visit increases practice profitability
How are my patients benefited by the Annual Wellness Visit?
- The Health Risk Assessment and Personalized Preventive Plan of Service empowers the patient with the knowledge to become an active participant in their health recovery.
- As a result of following the Personalized Preventive Plan of Service, the patient can significantly improve longevity and quality of life.
What happens if I don't implement the Annual Wellness Visit?
- Medicare AWV has been promoted by Medicare since 2011 and is moving rapidly to implement compliance to value based care standards. Therefore, not implementing the Annual Wellness Visit will leave your practice out of compliance with Medicare requirements.
- Medicare compensation for treatment claims will be subject to compliance to value based standards. Which means that you will get paid less for the same amount of work.
- Your patients may be drawn to physicians with a higher PQRS score, due to the quality of care offered by competing medical practices.
Annual Wellness Visit Software and Services
Caredata's Annual Wellness Visit comprehensive solution includes everything necessary to perform the AWV. From setting up the appointment, educating the patient regarding the AWV and what to expect during the visit, following up on the patient's documentation requirements, performing the Health Risk Assessment, preparing the Personalized Preventive Plan of Services and providing with all the necessary documentation to claim payment from Medicare.
Annual Wellness Visit Service Phases
CONNECT
ADVISE
REVIEW
EMPOWER
- Confirm patient’s contact information
- Schedule appointment
- Describe the Annual
- Wellness Visit
- Explain documentation
- requirements
- Inform patient about the process
- State-of-the Art Interactive Multimedia experience
- FAQ about Annual Wellness Visit
- Wellness Tips
- Introduction to Medicare’s Wellness Benefits
- Interview Patient for Health Risk Assessment
- Confirm appointment schedule
- Verify that the patient has all documentation ready
- Confirm means of transportation
- Comprehensive Personalized Preventive Plan of Service recommendations
- Nurse Practitioner meets with patient to implement the Personalized Preventive Plan of Service
- Maximize patient visit productivity
Annual Wellness Visit Software Description
Product Description
Product Features
Product Benefits
Financial Impact
Video Gallery
Superior Technology
Our Annual Wellness Visit Software is powerful based on dynamic technology that enables medical practices to fulfill the requirements of the Annual Wellness Visit through an efficient, yet thorough Health Risk Assessment that yields a comprehensive and well documented Personalized Prevention Plan of Service.
Our Annual Wellness Visit Software enables you to perform Annual Wellness Visits for your Medicare patients with no change in physician practice workflow and low administrative burden for your practice.
Automated Processing
The Annual Wellness Visit Software platform automates the processing of the Health Risk Assessment delivering a Personalized Preventive Plan of Service that prioritizes the preventive steps according to the individual patient risk factors providing including a detailed billing report that maximizes and the revenue for your organization.
Our Annual Wellness Visit Software provides all equipment and documentation necessary to stay in compliance with CMS’s requirements. In addition to this, Our Annual Wellness Visit Software gives your billing staff a detailed billing report enabling them to use your current billing system.
The documentation provided by our Annual Wellness Visit Software is comprehensive and withstands any auditing and challenge from Medicare.
Annual Wellness Visit Software Features
- Native iPad Application to maximize resources and flexibility
- Comprehensive Health Risk Assessment through a guided Interview process
- Disease Risk Stratification
- Automated Documentation
- Voice Activated Documentation using the native capabilities of the iPad
- Automated recommendations of screenings, lab tests and Preventive Services
- Personalized Preventive Plan of Service
- Assess Patient’s Readiness to Change – We ask the Patient to rate their willingness to adopt the recommended lifestyle changes in a 7 point scale. Depending on the patient’s answer the medical practice will choose an appropriate strategy to implement the change.
- Detailed Billing Report including medically necessary Evaluation and Management (E/M) service in addition to the AWV, (modifier -25)
- Patient Data Safety fully compliant with HiPAA
Annual Wellness Visit Software Benefits
For Patients
For Physicians
For Management
- Comprehensive, yet efficient wellness interview
- Detailed Personalized Preventive Plan of Service with a thorough action plan
- Quality time with your physician to discuss wellness action plan (PPPS)
- Clear understanding of behaviors and habits that will result in loss of health or in a chronic disease
- Annual Wellness Visit is free. Courtesy of Medicare
- Comprehensive Health Risk Assessment questionnaire
- Automated Disease Risk Stratification
- Automated documentation
- Voice Activated Documentation using the native capabilities of the iPad
- Patient’s Readiness to Change score
- Automatic recommendations for screenings and preventive services
- Turnkey solution
- Mobile solution allowing you to implement it anywhere
- Full digital and printed documentation for chart and EHR
- Optimized Medicare billing document to minimize denial of payment by Medicare
- Implement the annual wellness visits without significant changes to practice workflow
- Additional diagnosis and treatment revenue opportunities per AWV patient
The average reimbursement is $180 dollars per patient for the Annual Wellness Visit.
Reimbursement rate varies by state.
Visit Workload
- Receptionist: 5 min
- MA Visit Time: 20 min
- MD Visit time: 15 min
- NP visit time: 30 min
Compensation
AVG Comp. = $38,870 (2)
AVG Comp. = $44,960 (3)
AVG Comp. = $275,344 (1)
AVG Comp. = $119,210 (2)
Overhead Cost
5 Min. = $1.56
20 Min. = $7.20
15 Min. = $33.10
30 Min. = $28.65
NP Scenario
5 Min. = $1.56
20 Min. = $7.20
30 Min. = $28.65
MD Scenario
5 Min. = $1.56
20 Min. = $7.20
15 Min. = $33.10
Visit Overhead
$37.41
$41.86
Visit Profit
$142.59
$138.14
1 MGMA Physician Compensation and Production Survey: 2012 Report Based on 2011 Data, Internal Medicine, Ambulatory only.
2CompAnalyst Market Data. Kenexa. Accessed June 21, 2011
3 US Bureau of Labor Statistics, 2014
The Unique Value of our Software
Our team of physicians have dedicated their professional lives to champion preventive health education and research. The questionnaire used for the Health Risk Assessment is the result of more than 50 years of analysis, research and patient interaction.
The Health Risk Assessment is a comprehensive questionnaire that features an intelligent interview process, that delivers in-depth questionnaire modules that defines lifestyle choices, environment and habits that pinpoint behaviors and routines that affect the wellbeing of the patient. The resulting Health Risk Assessment gives a very clear understanding of the causes and provides a clear and comprehensive foundation for the Personalized Preventive Plan of Service
The Personalized Prevention Plan of Service produced by our Annual Wellness Visit Software Platform is the result of the detailed health analysis provided by the Health Risk Assessment. One of the key values of this comprehensive Health Risk Assessment is that each recommendation specified in the Personalized Prevention Plan of Service has substantial documentation to justify it. This comprehensive documentation allows the medical practice to defend any screening, lab test, treatment and prescription in case of denial of payment or an audit by Medicare.
Our annual wellness visit software combines biometrics, patient history, current medications, nutrition and lifestyle choices compiled, categorized and processed by our highly advanced proprietary algorithm to provide a clearly defined, documented and evidence backed Personalized Prevention Plan of Service that will maximize the patient’s quality of life, maximize the medical practice revenue and lowers Medicare total cost of care.
Annual Wellness Visit Software Advantages
Provider Advantages
- No Extra Paperwork
- Automated documentation which means that your staff can walk out of every visit without having to do more work
- The Annual Wellness Visit can be performed by any qualified healthcare personnel
- Personalized Preventive Plan of Care recommendations are thoroughly documented to answer any questions or audits from Medicare
Provider Advantages
- A comprehensive, yet efficient Health Risk Assessment
- More quality time with the provider
- Higher Quality of Care
- The Annual Wellness Visit Software Platform recommends all preventive services the patient should have
- Have input into decisions regarding their care
- A complete understanding of health status and threats, and an action plan for prevention and behavior modification
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