HIT Consultant June 15, 2023
Andrew Lockhart, CEO and Co-founder, Fathom

Few can miss the increasing role of AI in healthcare. In revenue cycle management (RCM), the last few years have seen the emergence of new technologies for coding and billing. These tools take advantage of natural language processing, deep learning, and other advancements that enable results far superior to the rules-based robotic process automation of the prior generation.

For example, take medical coding. Healthcare providers have historically relied on teams of medical coders – people certified in understanding and assigning thousands of medical codes – to review clinical documentation and assign the coding required for billing. However, medical coders are increasingly in short supply and often struggling to keep up with changing guidelines.

In contrast, leading AI vendors are fully...

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Topics: AI (Artificial Intelligence), Provider, RCM (Revenue Cycle Mgmt), Technology
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