Published: 22 February 2024
Autonomous clinical coding reduces administrative burden and increases medical coding accuracy. Healthcare provider CIOs must evaluate the current and future value proposition of applying this innovation.
The healthcare industry is experiencing a shortage of qualified medical billers and coders. This is exacerbated by low pay, stressful working environments, revenue cycle management (RCM) and electronic health record (EHR) usability, and changing government regulations.
In a constrained labor market, autonomous clinical coding is emerging as a differentiating capability for healthcare delivery organizations (HDOs) to increase speed, consistency and accuracy. It can reduce accounts receivable days and claim denial rates and increase revenue.
The evolution of generative AI (GenAI), specifically large language models (LLMs), is accelerating the technology’s maturation — leading to new solutions on the market and an
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Analysts:
Robert Potts, Sharon Hakkennes
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