PYMNTS.com May 30, 2024
Artificial intelligence (AI), when applied correctly and responsibly, has the potential to transform industries.
After all, wherever there exist rote and repetitive administrative tasks, there exists the opportunity for algorithmic rigor to unlock new efficiencies.
And in the intricate world of healthcare, where hospital systems face the perpetual challenge of maintaining revenue integrity while ensuring the highest quality of patient care, AI can help streamline and overcome long-standing bottlenecks — particularly within hospital billing processes, where the burgeoning complexity of medical services and the corresponding administrative tasks necessitate innovative solutions.
“At the end of the day, a hospital is responsible for generating a receipt for the care that they provided … and in healthcare, as you might expect, this is...