In the dynamic world of healthcare, staying ahead of regulatory changes is paramount. With the introduction of the V28 model, precision in documentation and coding specificity has never been more critical. As unspecified codes lose their risk value, healthcare providers must adapt to ensure compliance and maintain financial stability. Annova Solutions is here to help you navigate this transition smoothly, leveraging our expertise and cutting-edge technology to maximize your success.
The Importance of V28: A New Era in Risk Adjustment
The V28 model marks a significant shift in risk adjustment, emphasizing the need for
accurate documentation and specific coding. With 268 new codes and the removal of 2027 old ones, the landscape of healthcare coding is becoming increasingly complex. Unspecified ICDs, which could previously be used more broadly, now carry less risk value, meaning precision in coding is crucial for accurate risk score calculation and optimal reimbursement.
Annova Solutions: Your Trusted Partner in the V28 Transition
Accurate Documentation and Coding Specificity
At Annova Solutions, we understand the critical role that accurate documentation and coding specificity play in the V28 model. Our proprietary Quality Control (QC) System is designed to maximize code specificity through targeted audits, ensuring that no crucial details are overlooked. By focusing on precise coding, we help you avoid the pitfalls of unspecified ICDs and enhance your risk adjustment outcomes.
Leveraging CDI, Provider Query, and Education Expertise
With the advent of V28, our expertise in Clinical Documentation Improvement (CDI), provider queries, and education becomes even more valuable. Poor documentation can negatively impact risk adjustment scores, but our team is equipped to mitigate these
effects. By utilizing Natural Language Processing (NLP) and Large Language Model (LLM) analytics, we can navigate this challenging phase and ensure your documentation meets the highest standards.
Comprehensive Risk Adjustment Services
Annova Solutions offers a wide range of risk adjustment services designed to support your organization through the V28 transition and beyond. Our services include:
Records Retrieval
We specialize in retrieving records with a high completion rate, ensuring that all necessary documentation is collected for accurate coding. In 2023 alone, we retrieved over 2 million records with a 95% completion rate, demonstrating our commitment to thorough and efficient data collection.
HCC Coding
Our team of certified coders, including healthcare professionals such as doctors, nurses, and pharmacists, ensures that all coding is performed to the highest specificity. In 2023, we achieved over 95% coding accuracy in IM+ charts, highlighting our dedication to excellence in coding practices.
Quality of Care Measures
We go beyond coding to support quality of care measures, helping you achieve better
patient outcomes and meet regulatory requirements. Our AI-enabled data aggregation process ingests unstructured data to create accurate chase lists for targeted retrievals, ensuring that no critical information is missed.
Value-Added Services
Annova Solutions provides a range of value-added services to enhance your risk adjustment efforts. From proactive identification of high-risk coding practices to AI-analytics-powered solutions, we offer comprehensive support to help you succeed.
The Numbers Speak for Themselves
Our track record of success is evident in the numbers:
- Over 95% Coding Accuracy: We achieved this level of accuracy in coding IM+ charts in 2023.
- 2 Million+ Records Retrieved: With a 95% completion rate, our records retrieval process is efficient and thorough.
- 100% Client Retention: Our commitment to client satisfaction and success is reflected in our retention rate.
- 200+ Years of Leadership Experience: Our leadership team brings over two centuries of combined experience in healthcare.
- 1000+ Hours of Tech-Enabled Training: Our training programs are driven by subject-matter experts and enhanced by cutting-edge technology.
Why Choose Annova Solutions?
Expertise and Experience
Our team comprises certified coders with extensive healthcare backgrounds, including doctors, nurses, and pharmacists. This multidisciplinary expertise ensures that we have the knowledge and skills to handle even the most complex coding scenarios.
Advanced Technology
We leverage the latest AI and NLP technologies to enhance our coding accuracy and efficiency. Our AI-enabled data aggregation process and analytics-powered solutions provide a competitive edge, ensuring that you stay ahead in the V28 transition.
Comprehensive Training
Our coders undergo rigorous training, combining AI and NLP with “Human-in-the-Loop” accuracy. Our training center in Colorado ensures that our team is equipped with the latest skills and knowledge to excel in coding practices.
Client-Centric Approach
At Annova Solutions, we prioritize our clients’ success. Our collaborative approach ensures that we understand your unique needs and develop customized solutions to meet them. With a 100% client retention rate, we are committed to building long-term partnerships based on trust and excellence.
Preparing for 2025: Your Path to Success
The transition to the V28 model presents both challenges and opportunities. By partnering with Annova Solutions, you can ensure a smooth transition and secure your success in 2025 and beyond. Here’s how we can help:
Comprehensive Review and Analysis
We conduct a thorough review of your current coding practices and identify areas that need adjustment to align with the V28 model. Our detailed analysis ensures that all potential risks and opportunities are identified.
Tailored Training Programs
We offer customized training programs to ensure that your coding team is fully prepared for the transition. Our training covers the new codes introduced in the V28 model and best practices for achieving the highest specificity in coding.
Ongoing Support and Guidance
Annova Solutions provides ongoing support and guidance throughout the transition process. Our team is available to answer any questions and provide expert advice, ensuring that you have the resources you need to succeed.
Cutting-Edge Technology
We leverage the latest AI and NLP technologies to enhance our coding accuracy and efficiency. Our technology-driven approach ensures that we can quickly adapt to changes and provide the most accurate coding possible.
Collaboration and Partnership
We believe in building strong partnerships with our clients. We work closely with you to understand your unique needs and develop customized solutions that drive success. Our collaborative approach ensures that we are aligned with your goals and objectives.
Conclusion: Embrace the Future with Annova Solutions
As the healthcare industry continues to evolve, precision in coding and documentation becomes increasingly important. With the introduction of the V28 model, the need for accurate and specific coding is more critical than ever. Annova Solutions is here to help you
navigate this transition, leveraging our expertise and advanced technology to ensure your success.
Are you ready to secure your success in 2025 and beyond? Contact Annova Solutions today
to learn more about our comprehensive risk adjustment services and discover how we can support your organization in the V28 transition.