AnnexMedAnnexMedAnnexMed
Corporate Office
USA
299 S. Main Street
Suite 1300
Salt Lake City, UT 84111
Chennai - Tower I
CeeDeeYes Tyche Towers,
Block-1 3rd Floor, Perungudi Bypass Rd, Perungudi,
Chennai - 600096
Chennai - Tower II
4th Floor, IIFL TOWERS
MGR Main Rd,
Perungudi, Chennai - 600096
Villupuram
No 9, Viswalingam Layout
Villupuram,
Tamil Nadu – 605602

HCC Risk Adjustment Coding Services

Risk Scores and Quality Metrics Drive Revenue: We Optimize Both

Prospective HCC coding · Retrospective chart review · HEDIS abstraction · RADV defense · RAF analytics

Risk adjustment and HEDIS are revenue programs

CMS sets Medicare Advantage payments using RAF scores from HCC codes per member. Incomplete coding of chronic conditions lowers capitation payments. Star Ratings, which drive bonuses and enrollment rights, rely on the same data sources across plan operations. Under-coding reduces revenue, poor gap closure affects ratings, both tied to incomplete clinical data capture.

AnnexMed’s Risk Adjustment & HEDIS Programs service delivers an integrated clinical data program covering prospective HCC coding, retrospective chart review, HEDIS abstraction, Star Rating gap closure, RADV audit defense, and analytics, so every documented condition is coded, every care gap is closed, and every code survives audit review.

PS-Risk Adjustment

Trusted by 100+ healthcare providers | AAPC, AHIMA & AAHAM Certified | SOC 2 Type II

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Revenue & compliance complexity

Two programs. One underlying discipline. Millions at stake.

The RAF Score Revenue Equation

CMS calculates MA capitation by multiplying the county benchmark by a plan’s average RAF score. A 1.15 RAF yields about 15% more than 1.00 for the same members in the same county. For a 50,000-member plan at $900 PMPM, a 0.10 RAF gap equals ~$54M in lost annual revenue from incomplete coding accuracy and submission gaps.

The Three Sources of RAF Score Leakage

The Star Rating Bonus Revenue Equation

Plans rated 4 Stars or higher qualify for CMS bonus payments and year-round enrollment benefits and competitive advantages. Ratings are based on HEDIS measures, CAHPS experience, and HOS outcomes. For a 50,000-member plan, moving from 3.5 to 4.0 Stars can add $20M+ annually, with thresholds often just 2–4 points apart.

The Three Sources of HEDIS Rate Shortfall

Why both programs require an integrated approach?

Risk adjustment and HEDIS rely on the same data, providers, and member outreach infrastructure. Managing them through separate vendors duplicates effort and cost. Integrated programs allow Annual Wellness Visits, chart reviews, and coding improvement activities to capture HCC conditions and close. HEDIS care gaps simultaneously, improving RAF accuracy and quality performance from a single clinical encounter.

Full Service Coverage

Six integrated service components

AnnexMed covers every component of a complete risk adjustment and HEDIS program from prospective coding and member outreach through retrospective chart review, HEDIS abstraction, RADV audit defense, and cross-program analytics.

Prospective HCC Coding & Provider Education

Working the A/R proactively, before the collection window closes, not after it has.

What we do?

Why it matters?

Prospective coding programs deliver high ROI because they capture conditions at the point of care without chart review costs. Their success depends on timing. Suspect lists sent months after a visit are not useful. Lists delivered before a scheduled visit, highlighting prior-year conditions to review, help providers document and code accurately during the encounter.

Measurable Outcome

HCC capture rates improve year over year when providers receive timely, specific gap reports instead of generic coding education. Targeted outreach increases Annual Wellness Visit completion for high-gap members. As prospective programs mature, RAF scores improve each plan year, compounding gains from consistent, accurate condition capture and documentation.

Retrospective Chart Review & HCC Reconciliation

Finding conditions in the medical record but not in the submitted data and submitting them before the chart review window closes

What we do?

Why it matters?

Retrospective chart review recovers conditions missed by prospective coding using the same documentation standards CMS applies in RADV audits. Each code must be supported by a face-to-face encounter and clinical diagnosis in the medical record. Coding only what the chart supports ensures submitted HCC codes are accurate, defensible, and able to withstand CMS audit review.

Measurable Outcome

RAF score improvement is measured for each review cohort, showing additional capitation revenue from condition recapture and coding specificity. New condition identification rates track charts with diagnoses not previously submitted for risk adjustment. A controlled submission pipeline ensures validated codes are submitted within the CMS risk adjustment submission window.

HEDIS Measure Abstraction

Accurate, complete, defensible HEDIS measure rates, abstracted from every available data source.

What we do?

Why it matters?

Administrative-only HEDIS rates understate care because not all services generate claimable data. A mammogram done at a radiology center may not appear in plan claims. Supplemental data from provider EMRs captures these results. Adding this data can increase HEDIS rates by 5–15 percentage points, reflecting care already delivered but not counted previously.

Measurable Outcome

HEDIS measure rates reflect actual care delivery rather than limits of administrative claims data. Supplemental data from provider EMRs captures services not found in claims. Contribution of this data is tracked by measure and source to show rate improvement. Measures are calculated using current NCQA technical specifications to prevent disallowances from compliance errors.

Star Rating Gap Closure & Care Gap Analytics

Knowing exactly which members need services and getting that information to the right people before the measurement year closes.

What we do?

Why it matters?

The gap between a 3.5-Star and 4.0-Star rating is often just a 2–4 percentage point improvement on a few measures near the CMS cut point. Plans that identify early which measures and members have open gaps can close them before the measurement year ends. Plans that learn their rates late, from preliminary NCQA data, have no opportunity left to improve performance in that year.

Measurable Outcome

Star Rating improvements are achieved through targeted, analytics-driven care gap closure rather than broad outreach. Quality bonus revenue is protected and increased, with the financial value of each Star Rating point quantified against program investment. Care gap closure rates by measure are tracked monthly, providing real-time visibility into program performance and progress.

RADV Audit Preparation & Defense

Building the documentation infrastructure that survives CMS medical record validation, before the audit letter arrives.

What we do?

Why it matters?

CMS RADV audits validate submitted HCC codes against medical records. Codes lacking documentation are removed, reducing RAF scores and triggering payment adjustments across the plan population. Plans that validate codes internally before RADV audits ensure documentation fully meets CMS standards and avoid costly recoupments from unsupported diagnoses.

Measurable Outcome

Timely filing expiration rates are tracked monthly with a target of zero preventable write-offs. Claims within 30 days of the filing deadline are placed in a high-priority follow-up queue to ensure proper, timely submission before expiration. Exception requests are submitted when payer processing delays or documentation support eligibility for timely filing extensions under applicable payer policies and rules.

Encounter Data & Submission Quality Management

Making sure every code that was validated in the chart actually reaches CMS in the correct format, on time, and error-free.

What we do?

Why it matters?

Encounter data quality failures can reduce RAF scores even when coding is correct. Codes identified in chart review may not count if encounter records are rejected by CMS, submitted after a sweep, or mapped incorrectly under the model year. Strong submission quality management ensures all validated codes are successfully accepted and included in RAF score calculations.

Measurable Outcome

Submission error rate minimized; rejected encounter records resolved and resubmitted within the correction window. Final RAF score reflects all validated codes; no codes lost to submission timing, data quality, or mapping errors. Submission cycle analytics show the RAF score trajectory across each CMS sweep, enabling proactive mid-year program performance course correction.

What sets AnnexMed apart?

Integrated RA & HEDIS: One Program, Not Two

Most plans run risk adjustment and HEDIS through vendors, creating silos and duplicated work. AnnexMed integrates both programs so chart reviews, AWVs, and outreach close HCC and HEDIS gaps together, improving results with lower cost.

Financial Outcomes, Not Activity Metrics

AnnexMed reports risk adjustment and HEDIS performance in financial terms, RAF gains as capitation revenue, HEDIS rates vs. Star thresholds, and RADV exposure. Chart reviews become measurable financial management tools.

Annex AI Suspect Identification for RAF Capture

Annex AI identifies HCC suspects using MA and Medicaid claims models, ranking conditions by RAF impact, documentation probability, and feasibility. This targets gaps and focuses effort on highest-yield opportunities.

RADV-Ready Coding Standards From Day One

AnnexMed’s chart review and prospective coding follow CMS RADV standards, requiring face-to-face encounters and clinical documentation. Codes submitted are validated to withstand CMS medical record review and audit scrutiny.

Both Sides of the Clinical Data Relationship

AnnexMed improves risk adjustment through provider services that address why providers undercode. Patient-level feedback on specific documentation gaps changes coding behavior more effectively than generic HCC education.

Dedicated Program Manager: Single Owner

Each AnnexMed risk adjustment and HEDIS engagement is led by a dedicated Program Manager coordinating outreach, chart review, abstraction, gap closure, RADV defense, and analytics as the point of accountability.

Technology infrastructure

Purpose-built clinical data infrastructure

AnnexMed’s Risk Adjustment & HEDIS program runs on integrated clinical data infrastructure combining Annex AI machine learning with a platform that connects plan claims, pharmacy, clinical, and encounter data into a unified outreach and analytics engine.

Annex AI: HCC & HEDIS Insights

Machine learning models trained on Medicare Advantage and Medicaid claims generate condition-specific suspect scores, care gap probability rankings, and RAF trajectory projections, updated continuously as new encounter data flows in.

RAF & Star Rating Live Dashboard

Plan leaders access a live dashboard with RAF scores by segment, HEDIS rates vs Star cut points, care gap closure velocity, HCC capture by provider, and financial impact, updated with each CMS sweep and supplemental data batch.

Chart Review Workflow Platform

Retrospective review runs on a structured platform tracking record requests, retrieval, coder assignment, QA review, and submission status, with daily output reporting and RAF impact measurement for each completed cohort.

Integrated Data Platform

AnnexMed seamlessly integrates with plan claims systems, pharmacy data, clinical feeds, HEDIS abstraction tools, and CMS submission platforms via EDI, FHIR APIs, and secure file transfer protocols without modifying existing systems.

HIPAA-Compliant Infrastructure

All program infrastructure follows HIPAA Security Rule requirements with encryption, role-based access, and audit logging. AnnexMed’s platform is SOC 2 Type II and ISO compliant, with annual reviews and strict handling standards.

Regulatory program framework

Coverage across all plan types

AnnexMed’s Risk Adjustment & HEDIS program operates within the regulatory framework governing each plan type, with compliance requirements built into every workflow.
Plan Type
RA Model
Quality Program
AnnexMed Program Elements
Medicare
Advantage

CMS-HCC V28/V24 transition; RAPS & EDPS submission

CMS Star Ratings: HEDIS Medicare, CAHPS, HOS measures tracking and reporting

HCC prospective and retrospective review, RADV prep, HEDIS, Star gaps, RAF dashboard

Medicaid
MCO

CDPS or state-specific RA model; MMIS submission

State HEDIS Medicaid measures; quality incentive programs reporting requirements

State RA coding, HEDIS Medicaid abstraction, care gap closure, supplemental data collection

MA-PD (Part D)
plan

CMS-HCC risk model (Part C); RxHCC risk model (Part D)

Part D Star: PDC adherence, statin use, MTM program completion

Dual HCC/RxHCC coding; PDC adherence gap identification; MTM tracking; Star dashboard

D-SNP Dual Plan program

CMS-HCC model with FIDE/HIDE SNP complexity

D-SNP HEDIS measures; care coordination and quality outcomes

High-risk coding, FIDE/HIDE compliance, SNP HEDIS abstraction, and SDOH data integration

ACA Exchange
health plan

HHS-HCC (concurrent model); EDGE server submissions processing

NCQA HEDIS commercial measures; CAHPS surveys; state exchange reporting requirements

HHS-HCC coding, EDGE submission, HEDIS abstraction, and CAHPS supplemental data

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Program outcomes

Financial impact & performance results

AnnexMed’s Risk Adjustment & HEDIS program rigorously tracks ROI through RAF score gains, HEDIS measure improvements, quality bonus revenue impact, and RADV audit performance outcomes.

+0.15

Avg RAF Lift per Population

95%+

HCC Documentation Accuracy Rate

+5–15%

HEDIS Rate Improvement via Data

<3%

RADV Unsupported Diagnosis Rate

Measurable outcomes by service component

Prospective program

HCC capture rates improve year over year when providers receive timely, patient-specific gap reports before scheduled visits.

Retrospective review

RAF score improvement is measured for each cohort, showing capitation revenue from condition recapture and coding specificity.

HEDIS abstraction

Supplemental data contribution tracked by measure; rates calculated using NCQA specifications to prevent errors.

Star Rating gap closure

Quality bonus revenue protected and increased; financial value of each Star Rating point quantified against program investment.

RADV defense

Pre-audit internal validation reduces unsupported code exposure before CMS selects the audit sample.

Submission quality

Rejected encounter records resolved within the correction window; final RAF score reflects all validated codes.

Frequently Asked Questions

Prospective programs support providers with HCC gaps at the point of care so conditions are documented and coded during the encounter. Retrospective programs review charts after the fact to capture documented conditions not coded and submitted. Both are needed, prospective prevents gaps while retrospective recovers what was missed.
CMS calculates RAF scores using the CMS-HCC model, mapping ICD-10-CM codes to weighted condition categories. A plan's RAF adjusts capitation payments per member per month. Conditions documented in medical records but not coded and submitted to CMS do not improve RAF scores, and do not generate revenue.
RADV audits validate submitted HCC codes against medical records. CMS reviews the encounter documentation and removes codes that are not adequately supported. Identified error rates are extrapolated across the entire plan population, which can trigger significant payment adjustments. Pre-audit internal validation reduces this exposure.
AnnexMed connects HCC and HEDIS gaps at the member level so provider reports and outreach address both simultaneously. Providers receive coding opportunities and care gaps together before visits, enabling one encounter to close HCC and HEDIS gaps, maximizing impact from a single clinical interaction.
CMS is phasing in the V28 model through 2026. V28 reduces HCC categories, changes condition hierarchies, and increases the emphasis on coding specificity. Plans must adjust prospective and retrospective coding programs accordingly. AnnexMed's suspect identification models and provider education guidance are updated for V28 compliance.
Yes. AnnexMed can manage risk adjustment, HEDIS, or both, and can coordinate seamlessly with incumbent vendors during transitions. Programs continue uninterrupted, maintaining ongoing chart review cycles, CMS submission windows, and compliance timelines while the integrated approach is gradually phased in across the organization.
The core requirement is encounter or claims data and member enrollment files. These enable HCC suspect analysis, HEDIS measure rate calculation, and RAF trajectory modeling for accurate risk adjustment insights and projections. Provider attribution data, demographics, and access to medical records support outreach and chart review.
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Increase risk scores and close care gaps

Tell us your plan size, current RAF performance, HEDIS gaps, and RADV exposure.
AnnexMed will assess your program and quantify the financial opportunity.

Request a Free Risk Adjustment & HEDIS Assessment

Case Studies

See the impact we deliver

Discover how AnnexMed reduces denials, accelerates reimbursements, and strengthens financial performance. Backed by measurable outcomes and proven RCM expertise, we deliver operational excellence, revenue stability, and sustainable growth you can trust.

Client Voices

See how our clients succeed

Hear from organizations that trust AnnexMed to reduce denials, accelerate reimbursements, and strengthen cash flow. Our expert support delivers measurable performance gains, operational efficiency, financial stability, and scalable growth.
Our RAF scores were consistently underreported and we were leaving capitated revenue on the table every year. AnnexMed's risk adjustment team closed documentation gaps, improved HCC capture by 34%, and our per-member reimbursement increased within the first reporting cycle.
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Dr. Alan Prescott

Horizon Value-Based Care Network
HEDIS compliance was always a last-minute scramble that drained our clinical staff. AnnexMed took over chart reviews, gap closures, and quality measure tracking year-round. Our HEDIS scores improved across every measure, star ratings went up, and our team finally stopped dreading audit season.
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Dr. Sunita Verma

Lakeshore Accountable Care Organization
We were underperforming on risk adjustment and it was directly hurting our contract revenue. AnnexMed identified missed HCCs across our entire patient population, recaptured undocumented conditions, and our risk scores improved by 28%. The revenue impact was immediate and measurable.
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Christine Delgado

Meridian Health Partners

Proven RCM expertise. delivered at scale.

For over 20 years, AnnexMed has delivered RCM solutions nationwide, combining expert billing, coding, and AR support to drive measurable results and growth.

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