Exhibit 3.

CAPTION Adjusted spending trends among Medicare beneficiaries attributed to AWV adopter vs AWV non-adopter practices

SOURCE Authors’ beneficiary-level analysis of 20 percent Medicare claims data

NOTES Total Medicare spending among beneficiaries attributed to Annual Wellness Visit (AWV) adopter vs non-adopter practices, adjusted for beneficiary characteristics (age, sex, race, dual enrollment in Medicaid, Hierarchical Condition Category score), practice characteristics (geographic setting, hospital-based vs independent site, specialty mix, size, number of attributed Medicare beneficiaries), geography at the level of hospital referral region (HRR), and the interaction between beneficiary characteristics and year and between HRR and year.