Coding transformation with AI: 3 roundtable takeaways on ROI, adoption, and strengthening RCM
Becker's Healthcare November 20, 2023
At the 8th Annual Becker’s Health IT + Digital Health + RCM Meeting, Andrew Lockhart, CEO of Fathom, led an executive roundtable discussion with hospital and health system leaders about the challenges and opportunities of automating medical coding with AI technology.
He described the current state of medical coding as slow, expensive, and inconsistent and highlighted how COVID-19 exacerbated issues like workforce shortages. While many healthcare leaders view AI as a solution to these long-standing challenges, some have questions around implementation approaches, accuracy levels, and how new processes or guidelines could affect reimbursement.
Here are three takeaways from the discussion.
Organizations must be grounded in their goals before embracing new tech
Healthcare is in an era of technological innovation. During...