Transforming RCM: How AI is Revolutionizing Revenue Cycle Management
Presented by Vinod Sankaran
As presented at HBMA's 2024 Fall Conference September 17th-19th, 2024.
Description:
In today's rapidly evolving healthcare landscape, physician practices, Hospitals and revenue Cycle Companies face mounting pressure to optimize operations, streamline workflows, and maximize revenue. Traditional methods are no longer enough. That's where Artificial Intelligence (AI) comes in.
This session will delve into the transformative potential of AI, showcasing how this cutting-edge technology can revolutionize operations in every aspect, including:
- Enhanced Patient Care: AI-powered tools can analyze medical data to predict patient needs, personalize treatment plans, and automate administrative tasks, freeing up valuable time for doctors & their staff to focus on what matters most – their patients.
- Streamlined Revenue Cycle Management (RCM): Say goodbye to tedious billing and coding errors. AI can automate Coding, claim submission, identify denial risks, and even negotiate insurance payments, boosting your client’s financial health.
- Improved Operational Efficiency: From scheduling appointments to managing inventory, AI can automate repetitive tasks, minimize human error, and optimize resource allocation, leading to a smoother, more efficient practice for your clients.
Learning Objectives
Course participants will be able to:
- Discover the latest AI applications specifically designed for healthcare, especially for RCM companies and their clients.
- Learn how AI can enhance patient care, streamline RCM, and boost operational efficiency.
- Gain insights into the real-world benefits and challenges of implementing AI in your company and your client’s practice.
- Example of how to use available generative AI applications to draft emails, and appeal letters to insurance companies. Also, do market research and get a list of potential practices and help with sales.
Member Price: $99.00
Non-Member Price: $149.00