Wednesday, September 27, 2023
MDaudit uses AI to improve revenue outcomes for healthcare customers
📣 Exciting news in the healthcare industry! MDaudit has implemented artificial intelligence (AI) to enhance revenue outcomes for healthcare customers. Check out the blog post below to learn more about MDaudit's cloud-based billing compliance and revenue integrity software, and how they are using AI to automate external auditing workflows and improve productivity. Read the full article here: [Link to the blog post](https://ift.tt/dpNuKJt) In this post, you'll discover MDaudit's solution to scaling AI capabilities, the benefits for their customers, and the architecture involved. They have built an intelligent document processing solution called SmartScan.ai, which utilizes Amazon Textract and Amazon Comprehend to automate the extraction and formatting of data from unstructured PDFs. By leveraging AI-driven automation, MDaudit empowers healthcare providers to efficiently respond to external audit requests, leading to improved revenue outcomes. The initial adaptation results are impressive, with an average processing time of 40 seconds per Additional Documentation Request letter and an accuracy rate of approximately 90%. The solution has already helped MDaudit's customers safeguard around $3 million in revenue within just a few months of its launch. It's a game-changer for the healthcare industry, enabling healthcare providers to manage a higher volume of demand letters from payers and achieve significant cost savings. Stay ahead of the curve and explore MDaudit's innovative use of AI in healthcare revenue management. Don't miss out on this insightful blog post! #HealthcareTechnology #AIinHealthcare #RevenueOptimization #MDaudit https://ift.tt/9u67dYX
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