Artificial Intelligence and Machine Learning in Medical Billing
Why AI Technologies are a Fit for Medical Billing Companies
WARREN, NJ – July 27, 2021: AdvantEdge Healthcare Solutions (“AdvantEdge”), a leading national medical billing company with comprehensive, coding, practice management and revenue cycle management services, today released a Special Report about how Artificial Intelligence (AI) and Machine Learning (ML) are transforming the medical billing landscape.
Three highlights from the report offer an inside view about how AI and ML are impacting medical billing and how these technologies allow healthcare providers to ensure all billing – and the entire revenue cycle management process – is handled efficiently, accurately, and in a timely manner.
- AI is A-OK: The tremendous amounts of information captured every day from hospital information systems, clinical platforms, and patient accounting systems leaves a large margin for error. Inconsistencies and incorrect information can be efficiently and expediently addressed by automating certain processes using artificial intelligence.
- A Matter of Time: Patients should be able to interact with chatbots around the clock to resolve a variety of issues, allowing customer service representatives to handle more complex issues that cannot be more simply resolved.
- Meet Machine Learning: A subset of AI, ML possesses the ability to automatically learn and build on prior knowledge – without explicit programming. ML can handle a wide range of billing discrepancies and payer behaviors that would be nearly impossible to address otherwise.
Click here to read this Special Report in its entirety.
About AdvantEdge Healthcare Solutions
AdvantEdge is recognized as one of the top ten U.S. medical billing companies providing billing, certified coding and practice management services to healthcare providers nationwide. AdvantEdge collects more than $1 billion annually for physicians, hospitals, ambulatory surgery centers, behavioral health agencies and large office-based medical groups. Client-first service, robust technology, and actionable business intelligence and reporting translate into healthier practices and enable AdvantEdge’s clients to have the freedom to focus on delivering world class clinical care to their patients. To learn more about AdvantEdge, visit our website at www.ahsrcm.com. Follow us on Twitter at @DoctorBilling and on LinkedIn.