As Healthcare evolves from the fee-for-service model to the value-based model, the Centers for Medicaid and Medicare Services (CMS) has instituted various programs to remedy gaps in care. One of these programs is the Annual Wellness Visit (AWV). Instituted in 2011, the AWV is 100% covered by Medicare, and involves several screenings and tests that culminate in personalized prevention plan.
With every passing month, practices are missing out on the revenue potential of providing CCM. Implementing CCM is a necessary step towards achieving success with MACRA. This means there is a possibility that practices that do not implement CCM could be at a disadvantage as the industry continues its shift away from fee-for-service moving rapidly towards value-based care.