Digital Innovation and AI in Revenue Cycle Management

Digital Innovation and Artificial Intelligence are two huge topics recently in the world of Healthcare IT. We've talked about the many areas in which they are actively making a difference, and the areas in which they could make a difference, if applied. Let's now take a look at how it can impact Revenue Cycle Management!We reached out to the Healthcare IT Today Community for their insights on this topic. The following is what they had to say. Coding is the key to successfully generating revenue, yet highly specialized medical coders are underutilized. Most coding-related revenue risk occurs with denials, auditing, and complex cases. While trained coders are equipped to manage these, after hours of fully coding basic encounters they don’t have the bandwidth to address these critical issues. Autonomous medical coding solves this problem, codes the majority of encounters without human touch, and frees coders to focus on critical issues.