Revenue cycle management
John Yount, chief innovation officer at FinThrive, discusses ways AI can eliminate inefficiencies and better reduce revenue leakage that typically stem from errors, delays and missed opportunities for reimbursement.
Different types of artificial intelligence help mirror clinical judgement and deliver real-time insights across the areas of the mid-revenue cycle, specifically utilization management, clinical documentation and coding, says William Chan, cofounder and CEO of Iodine Software.
Funding from the venture capital firm's Customer Value Fund will allow Commure to accelerate its expansion in healthcare without ownership dilution.
The company will use the funds to enhance the development of its AI capabilities and for commercial growth.
The company will use the funds to expand its customer relationships with provider groups.
AI and automation revenue cycle management tools will be accessible to 160,000 physicians.
Call centers are revenue-generating tools for healthcare facilities, rather than expense centers. AI can be used for workforce management to project volume fluctuations, says Yuriy Kotlyar, cofounder and CEO of American Health Connection.
Malınka Walaliyadde, CEO and cofounder of AKASA, discusses the advancement and current views on artificial intelligence and tuning generative AI for use to improve the coding process in healthcare and revenue cycle management to support ROI.
The company will use the funds to help expand EMR and RCM business for outpatient therapy clinics.
HIMSS24
Ryne Natzke, chief revenue officer at TrustCommerce, a Sphere company, explains how the company now allows patients to pay with digital wallets and integrates all payments into healthcare staff’s workflows to prevent billing errors.