VentureBeat January 26, 2022
Kyle Wiggers

In health care, the process of underwriting and claims analysis can be both labor-intensive and error-prone. Claim adjusters and underwriters are often required to read and carefully parse hundreds of documents per case. Each year, the insurance market invests an estimated more than $3 billion in work hours devoted solely to collating and summarizing medical records.

A 2006 U.S. National Institutes of Health study identified several major challenges in researching medical records, including assessing the quality of data and combining data from companies with dissimilar coding systems. (Medical coding entails extracting billable information from the medical record and accompanying clinical documentation.) But AI — specifically natural language processing (NLP), the subfield of AI concerned with language data  — could offer...

Today's Sponsors

H1
ZeOmega
Holon

Today's Sponsors

SalesSparx
Canton & Company

Today's Sponsor

Premier

 
Topics: EMR / EHR, Health IT, Insurance, Investments, Technology, Trends
Quarter of Hospitalized Medicare Patients Experienced Harm in October 2018
How Much Is Health Insurance? – Forbes Advisor
What Is A Health Insurance Deductible? – Forbes Advisor
Senate Hearing Highlights How Single-Payer Will Ration Health Care
Getting Medicare Advantage members to take advantage of plan benefits