Healthcare IT Today October 28, 2021
The digitization of health records coupled with the increasing capability of Natural Language Processing has made autonomous coding possible. The main benefit of this technology is not the potential cost reductions, but rather the potential improvement in revenue that it brings.
Medical Coding
According to the American Health Information Management Association (AHIMA), Coding Specialists “create coded data used by hospitals and medical providers to obtain reimbursement from insurance companies or government programs such as Medicare and Medicaid.” They do this by reviewing patient records and assigning numeric codes for each diagnosis and procedure.
Prior to the pandemic, medical coding was one of the top 20 most in-demand jobs in the US according to the Bureau of Labor Statistics (BLS). It...
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