5 Unconventional Ways to Solve the Medical Coder Shortage
The medical coder shortage is a real and pressing problem in the United States (US). According to a recent survey by the American Academy of Professional Coders, 70% of medical practices are experiencing a shortage of coders. The Medical Group Management Association (MGMA) conducted a survey in August 2023, which revealed that medical practices are […]
Unlocking Efficiency and Accuracy with AI-Powered ICD-10 Coding for Medical Coders
In the ever-evolving landscape of healthcare, medical coders play a pivotal role in translating complex medical records into standardized codes that facilitate billing and record-keeping. The introduction of AI-powered ICD-10 coding assistants has brought about a paradigm shift in this field, revolutionizing the way medical coders work. In this comprehensive guide, we delve into the […]
What are the common challenges in Medical Coding?
Uncover the common challenges in medical coding, from evolving guidelines to precise work under pressure. First of all, the medical coding process stands as a pivotal link connecting patient care, administrative processes, and financial realms. Medical coding is more than just an administrative task; it’s a fundamental pillar of the revenue cycle management (RCM) process. […]
Where AI Can Make a Huge Difference in the Healthcare Revenue Cycle?
The healthcare industry is witnessing a transformational shift with the integration of artificial intelligence (AI) into various aspects of patient care. However, the potential of AI extends far beyond clinical applications; it also holds the key to revolutionizing the healthcare revenue cycle. The revenue cycle encompasses the entire process of managing patient financial interactions, from […]
Leveraging AI to Automate Medical Coding
In the ever-evolving field of healthcare, accurate medical coding is essential for reimbursement, claim processing, and healthcare research. However, this process has traditionally been reliant on manual coders, which has certain drawbacks. For instance, manual medical coding was time-consuming and prone to errors. To overcome these issues, healthcare billing departments and RCM companies are on […]
Unravelling Machine Learning in Medical Coding
Medical coding is one of the important aspects of accurate billing in the healthcare revenue cycle. Traditionally, manual coding of medical documentation has been the norm, but with advancements in machine learning and artificial intelligence, a revolutionary tool has emerged to transform the way medical coding processes are conducted. This article will explore how machine […]
Decoding Computer-Assisted Coding Software and its Benefits
Artificial Intelligence (AI) and the subsets of AI namely, Machine Learning (ML), Natural Language Processing (NLP), have made inroads in nearly all sectors, including healthcare. Computer-Assisted Coding software (CAC) was the first AI-based medical coding software to hit the healthcare industry and remains widely adopted by organizations in the industry to this day. The shift […]
A Comprehensive Guide to Medical Coding and Billing in RCM
What’s the difference between Medical Coding and Billing? Let’s first understand, what is medical coding and medical billing? Medical coding and billing are highly essential aspects of the healthcare and RCM industries that involve translating medical procedures, diagnoses, and services into standardized codes for documentation and reimbursement purposes. Medical coding vs medical billing Medical coding […]
Will AI Replace Medical Coders?
Will AI Replace Medical Coders? Are you one of those who are curious to know “if Artificial intelligence (AI) will replace you?” and “Can medical coding be automated?” If yes, then you are in the right place. AI has created a buzz around the world over the past decade. But is it worth the hype? […]
AI Coding Assistant for Medical Coding
The U.S. medical coding market size was valued at USD 16.4B in 2020; it is expected to grow at a compound annual growth rate (CAGR) of 8.3% from 2021 to 2028. Â Discover how AI Coding Assistant can improve coding accuracy, expedite reimbursement, and ensure compliance. Despite promising growth, multiple issues envelop the medical coding sector. […]
