Medical coding is an essential but often time-consuming task in the healthcare industry. In an effort to tackle the shortage of medical coders and streamline the revenue cycle management (RCM) process, Dexios, a radiology-specific RCM company, has partnered with Maverick Medical AI to integrate their innovative AI-powered medical coding platform.
With Maverick’s autonomous AI engine, clinical notes and reports can be analyzed in real-time, generating accurate reimbursement codes (ICD-10, CPT) within seconds. This not only boosts productivity but also minimizes billing mistakes, which can result in significant revenue losses for healthcare providers. Maverick’s Generative AI model further enhances coding accuracy by learning from real-time feedback from auditors and medical coders.
Dexios, which serves radiology clinics, imaging centers, and hospitals across 16 states, has seamlessly integrated Maverick’s platform into their system. By leveraging the Autonomous Medical Coding platform, Dexios has achieved an industry-leading 85 percent direct-to-bill rate, alleviating administrative burdens on healthcare providers.
Yossi Shahak, CEO and Co-Founder of Maverick Medical AI, expressed pride in partnering with a leading RCM that caters to the radiology market. The decision to embrace Generative AI has proven to be a game-changer, revolutionizing the medical coding industry and significantly improving efficiency for healthcare providers.
Kyle Tucker, CEO of Dexios, believes that AI will fundamentally transform the RCM industry, comparing it to the shift from manual to computerized processes. He expects this evolution to occur within months rather than years. By selecting Maverick as their AI technology partner, Dexios is at the forefront of this revolution, focusing on coding accuracy to deliver superior service to their clients.
Billie Artcliff, President of Dexios, acknowledges that implementing new technology can be a cautious process. However, Maverick Medical AI has exceeded expectations, supercharging their ability to code accurately and quickly for clients. This enables their team to strategize on reducing denials and increasing the net collection percentage.
In conclusion, the partnership between Dexios and Maverick Medical AI marks a significant advancement in medical coding. By harnessing the power of AI, healthcare providers can now alleviate administrative burdens, improve coding accuracy, and enhance revenue cycle management.
The source of the article is from the blog kunsthuisoaleer.nl