Healthcare IT Today February 23, 2024
The following is a guest article by Dan Parsons, Co-Founder and CPO at Thoughtful
Revenue leakage poses a significant challenge to healthcare providers, and the traditional methods used to mitigate these losses are becoming increasingly difficult to scale.
Healthcare providers need an adaptable and scalable solution to address these issues permanently. RCM automation, powered by artificial intelligence, can achieve this – saving considerable time and adding millions of dollars to the bottom line. Additionally, automation simplifies adaptation to the evolving payer landscape for healthcare providers.
Andreessen Horowitz predicts that at least half of the $4.3 trillion American healthcare industry will be AI-driven within the next few decades. Despite earning $2.6 trillion in revenue, healthcare companies only make a profit of...