5 Ways AI Can Improve Medical Practice Management
Medical practice management is known for running healthcare administrative tasks, such as scheduling appointments, medical coding, and billing, and managing patient records, as well as strategic and other operational tasks. The overall objective of practice management is to streamline the administrative process and enhance the revenue and efficiency of a healthcare facility. With the advancement […]
5 Things that Indicate You need AI-based Medical Coding in RCM
In the realm of healthcare revenue cycle management (RCM), the integration of Artificial Intelligence (AI) has emerged as a transformative force, particularly in medical coding. AI-based medical coding in RCM streamlines processes, enhances accuracy, and alleviates the burden on healthcare professionals. Identifying the signs indicating the requirement for AI-driven solutions in medical coding is crucial […]
Artificial Intelligence (AI): The Recipe to Healthcare Challenges
In the United States, the healthcare industry is going through a rough patch when it comes to recruiting and retaining medical staff. The workforce staff shortage has created a significant ripple effect across the industry. According to the reports by McKinsey, the U.S. would face significant healthcare worker shortages in the coming decade. By 2025, the survey […]
CODIO Provides a Single Source of Truth for Healthcare Providers
A detailed dashboard is essential for effectively managing and monitoring complex systems, processes, and data. A single source of truth dashboard provides more granular patient data and ICD codes, allowing medical coders and other healthcare professionals to gain deeper insights and make more informed decisions. However, the problem with the current medical coding set up […]
Opening the Door to Data Analytics in Medical Coding
Medical codes are not just alphanumeric codes that are used in reimbursement and claims activities. They in fact tell the story of a claim. Let us take an example: a 42-year old woman presents to the emergency department with an open fracture to her right toe. She was checking inventory boxes in a large supermarket […]
