Black Book August 26, 2021

Growth in the clinical documentation market is expected to reach US$6.0B by 2023 with a 11% CAGR driven by mid-RCM artificial intelligence-supported solutions to reduce costs, manage unstructured data and check for billing and coding losses.

TAMPA, Fla. – Black Book Research surveyed 1,012 health information management executives and revealed that 58% of healthcare organizations are using artificial intelligence in one basic form or another, and 92% of them expect widespread industry implementation in the next five years, despite the extended operational constraints and financial priorities caused by the resurging COVID-19 pandemic. Eleven percent of survey respondent hospitals acknowledge employing AI-powered coding solutions proficiently for at least one year.

In this Q3 2021 survey by Black Book, 93% of...

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Topics: AI (Artificial Intelligence), Health System / Hospital, HIM (Health Inf Mgmt), Market Research, Provider, RCM (Revenue Cycle Mgmt), Technology, Trends
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