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Latest CASE STUDIES
By AGS Health
September 12, 2022
The introduction of AI-driven computer-assisted coding (CAC) has significantly reduced the workload for clinicians. Clinical coding has become more effective and efficient thanks to the learning capabilities of AI-based platforms, machine learning (ML), and natural language processing (NLP). These components and their advantages place CAC as a potentially cost-effective solution for the healthcare field.
At first, CAC took a while to produce the desired results. Because of this, healthcare organizations frequently doubted the advantages of switching to a CAC workflow. However, more healthcare institutions are becoming aware of the benefits of CAC Software in a value-based care model that prioritizes clinical coding. According to the 2019 KLAS report, 94% of CAC users interviewed by KLAS were likely to purchase a CAC solution again.
AI’s role in healthcare has evolved to address new and distinct operational challenges -primarily centered on customers’ needs. In its earliest implementations, AI was a straightforward system with a limited set of rules that could carry out tasks. Now, various components of healthcare are being revolutionized by complex models like ML, NLP, and deep learning (DL).
Almost 80% of healthcare data is unstructured, taking the form of text and images. Vast quantities of unstructured data can be understood with the proper application of AI. It is an obvious choice because of its natural ability to gather, analyze, and interpret patterns promptly and effectively. For instance, ML significantly improves CAC output and efficiency when combined with rule-based coding systems. With the healthcare industry generating approximately one trillion gigabytes of data annually, the speed of ML is essential. ML-powered solutions can spot intricate patterns of inconsistencies in human coding and lower the likelihood of inaccurate documentation.
In contrast, NLP can extract codes from unstructured data and map them to later code categories. NLP-enabled CAC software can identify document language patterns and assign codes using linguistic algorithms.
The technology can be transformed into practical applications with the help of AI-enabled CAC platforms. Numerous transitive benefits facilitate the efficiency of healthcare coding. Among them are:
With the ICD-10 guidelines, the American Medical Association outlined the requirements for healthcare coding. Directly linking documentation to compliances reinforced the significance of healthcare coding. Modern healthcare institutions spend a lot of time and money ensuring their evaluation and management (E&M) and hierarchical condition category (HCC) coding procedures are in place. Maintaining healthcare records through legal coding procedures is equal to offering first-rate services.
AI-based CAC platforms can ensure proper and legal coding procedures. ICD-10 coding guidelines leave little room for error. Additionally, CAC can help healthcare organizations accurately record outpatient preventive care and chronic conditions. This stops any differences in outpatient reimbursements from arising from coding mistakes.
Organizations can improve patient care while preserving a healthy revenue cycle with a robust clinical coding workflow powered by CAC. AI-based CAC is a future-proof option in healthcare technology as the cumulative value and ROI will increase over time.
AGS Health’s NLP-based HIPAA-compliant CAC solution streamlines workflow with minimal interference. A single platform that collects all patient data and boosts productivity, efficiency, and accuracy in coding.
AGS Health is more than a revenue cycle management company–we’re a strategic partner for growth. By blending technologies, services, and expert support, AGS Health partners with leading healthcare organizations across the US to deliver tailored solutions that solve the unique needs and challenges of each provider’s revenue cycle operations. The company leverages the latest advancements in automation, process excellence, security, and problem-solving through the use of technology and analytics–all made possible with college-educated, trained RCM experts. AGS Health employs more than 10,000 team members globally and partners with more than 100 clients across a variety of care settings, specialties, and billing systems.