What is the ROI of an Annual Wellness Visit (AWV) Program?

Annual Wellness Visits (AWV) are a beneficial program to offer at your practice for your patients and your bottom line. In this video, we'll look at the return on investment (ROI) of managing patients through the program over the course of two years using the AWV CPT codes G0438 for the Initial Annual Wellness Visit (IAWV) and G0439 for the Subsequent Annual Wellness Visit (SAWV). We'll also look at adding on the Advanced Care Planning (ACP) CPT code 99497 to each wellness visit. We’ll review the reimbursement opportunity of the program as well as its costs. Learn how AWVs are a great opportunity to promote other wellness programs to your patients, like Chronic Care Management (CCM), Remote Patient Monitoring (RPM), and Behavioral Health Integration (BHI). We’ll also explore how an AWV program can benefit patients while improving value-based care performance metrics.
Video Chapters:
► 00:00 What will I learn in this video?
► 01:09 Revenue Opportunity of an AWV Program
► 01:30 ROI of IAWV and ACP (CPT Code G0438 & 99497)
► 02:40 ROI of SAWV and ACP (CPT Code G0439 & 99497)
► 03:56 Costs of Managing an AWV Program
► 04:22 ROI for Patients of an AWV Program
► 05:13 ROI for Providers of an AWV Program
► 05:56 BHI Program Next Steps
If you're interested in learning more about AWV, check out these helpful links:
What Are the 2022 CPT Codes for Annual Wellness Visits? Blog Article: hubs.li/Q019K_sx0
How An Annual Wellness Visit Can Promote Preventive Health Services Blog Article: hubs.li/Q019K_Dx0
If you're ready to learn more about how Care Coordination Software can help you manage Medicare programs like AWV, contact ThoroughCare: hubs.li/Q019L0jj0
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