Revenue Cycle Technology Week: How Henry Ford Health Uses AI To Improve Coding
HealthLeaders Media November 15, 2023
For HealthLeaders’ Revenue Cycle Technology Week, Henry Ford’s VP of revenue cycle explains how the technology saves them time and money.
In honor of HeathLeaders’ Revenue Cycle Technology Week, we are spotlighting some of the best stories in revenue cycle technology.
Among the many uses for AI technology in the healthcare space is in medical coding, which affects both clinical and revenue cycle processes.
Detroit-based Henry Ford Health recently expanded its collaboration with CodaMetrix to include patient bedside visits, where abstraction takes an average of 40 minutes per patient and accounts for 20% of the health system’s overall coding costs.
“Inpatient hospital stays due to serious medical conditions, injuries, surgical procedures, and medical emergencies such as strokes, heart attacks, broken...