Poll of the Week – Why Are Physicians Not Utilizing the AWV?
The AWV yields three times higher reimbursement for physicians than the average outpatient visit, yet many physicians and patients are failing to utilize it.
A recent survey put forth by the John A. Hartford Foundation asked more than 1,000 patients age 65 and older if they had received an Annual Wellness Visit (AWV) in the previous year. Only 17 percent said they had.
Yet the AWV yields three times higher reimbursement for physicians than the average outpatient visit and it costs patients nothing, said Christopher Langston, program director at the Hartford Foundation, during a recent webinar detailing the survey findings.
Medicare records show even more dismal rates for the service. Less than 7 percent of Medicare patients have had the visit, according to government data.
Have another answer or comment on our poll of the week? Enter it below.
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.
Cognitive Biases in Healthcare
September 27th 2021Physicians Practice® spoke with Dr. Nada Elbuluk, practicing dermatologist and director of clinical impact at VisualDx, about how cognitive biases present themselves in care strategies and how the industry can begin to work to overcome these biases.
