RevCycle Intelligence October 19, 2023
Generative AI is making a splash in healthcare, but its strongest use cases may be in revenue cycle management as providers look to streamline administrative tasks.
Healthcare has its eyes on generative artificial intelligence (AI). The technology, including the popular ChatGPT tool, has passed medical exams, diagnosed complex cases, and designed new ways to combat COVID-19. However, its most promising potential to improve healthcare may be in revenue cycle management.
Revenue cycle management is ripe for innovation. The revenue cycle includes many administrative tasks that must be completed for providers to get reimbursed for the care they provide and keep operations running smoothly for patients.
Technology has promised to streamline the complex management of the revenue cycle to reduce administrative...
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