Revenue Cycle Management
In the mid revenue cycle, AI makes more accurate and efficient decisions, ensuring hospitals get reimbursed the amount they're owed, says William Chan, cofounder and CEO of Iodine Software.
Revenue cycle teams are able to resolve billing inquiries faster through an automated AI call center.
The ultimate goal is to streamline documentation and coding in the mid-revenue cycle.
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09:22 am |
February 17, 2025
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09:22 am |
February 17, 2025
Gradually transitioning from cash to digital payments can help manage patient expectations.
Challenges include technology gaps, provider shortages and reliance on data, the paper finds.
The editors of Healthcare IT News, Healthcare Finance News and MobiHealthNews look at the big trends in AI, cybersecurity and reimbursement and the uncertainty of what to expect from a new administration.
AI automates the process of reading insurance card images and addresses potential claim denials in real time.
"For 2025, we see no end in sight for demand," says Adam Burns of WittKieffer.
GenAI is expected to streamline documentation for appeals, providing faster reimbursement.
