HIT Consultant May 25, 2023
Anyone who receives a hospital, medical imaging, or outpatient surgery bill is usually surprised at the cost.
No matter the cost, how do they know the bill is correct? They don’t.
Incorrect medical bills have become so prevalent that organizations have started applying technologies like artificial intelligence (AI) and machine learning to reduce drastically high healthcare costs.
Consider what organizations as diverse as the Office of the Inspector General, Harvard Medical School, the Wall Street Journal, NerdWallet, Becker’s Hospital Review, the Journal of the American Medical Association and others point to as some causes behind unnecessarily high healthcare costs.
· 80% of all medical bills contain errors
· 25% of skilled nursing facility claims are overpaid
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