April 28, 2023
Annual Wellness Visits and Advance Care Planning for Rural Health Clinics
A study published by Preventive medicine found that patients significantly reduced their total healthcare costs when they completed an Annual Wellness Visit (AWV). “Practices adopting AWVs have noted increased revenue, more stable patient populations, and stronger provider-patient relationships,” according to the study’s authors, Arpit Misra and Jennifer Lloyd.
Advance Care Planning (ACP) can help physicians and care teams adhere to a patients’ wishes in the event this person cannot speak for themselves.
Combining the delivery of annual wellness assessments with advance care planning can inherently create value for your patients. Both services are entirely covered for Medicare beneficiaries and support comprehensive care coordination. For clinics and providers, value can be found in meeting performance metrics and capturing additional reimbursement.