Newswire November 5, 2019
Black Book

Growth in clinical documentation market is expected to reach US$5.2B by 2022 from $3.2B at fiscal year-end 2018 with a 10.2% CAGR

TAMPA, Fla., -​​The healthcare industry is at the crossroads of widespread adoption of VBC models in a consumerism ecosystem along with increasingly stringent regulation, accurate documentation has become the key driver of hospital revenue systems.

Computer assisted coding (CAC) is a comprehensive technology that includes the amalgamation of various facets of artificial intelligence and natural language processing where CAC is capable of scrutinizing and interpreting unstructured clinician notes. The rigorous task of extracting identified data from documents to fit into established systems is no longer an issue.

44% of healthcare organizations already report using AI in one...

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Topics: AI (Artificial Intelligence), Health System / Hospital, HIM (Health Inf Mgmt), Market Research, Payment Models, Physician, Provider, Technology, Trends, Value Based
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