Extend your brand profile by curating daily news.

AI Medical Coding Partnership Delivers Significant Revenue Cycle Improvements for Healthcare Provider

By Burstable Health Team

TL;DR

XpertDox's AI medical coding software partnership with Nao Medical increases charge capture by 15% and reduces claim denials by 22%.

XpertCoding by XpertDox integrated into Nao Medical's RCM streamlines workflows, enhances documentation accuracy, and improves charge capture efficiency.

XpertDox and Nao Medical collaboration improves revenue cycle management, leading to better patient care and healthcare accessibility with financial stability.

XpertCoding's BI platform provides real-time analytics, coding insights, and financial solutions, revolutionizing healthcare efficiency through AI technology.

Found this article helpful?

Share it with your network and spread the knowledge!

AI Medical Coding Partnership Delivers Significant Revenue Cycle Improvements for Healthcare Provider

The partnership between XpertDox and Nao Medical represents a significant advancement in applying artificial intelligence to healthcare administration, with implications for how medical organizations manage revenue cycles and clinical documentation. By integrating XpertDox's AI medical coding software and Business Intelligence Platform into Nao Medical's operations, the collaboration addresses persistent challenges in medical coding, claim processing, and financial management that have burdened healthcare providers for years.

Nao Medical, a multi-specialty healthcare provider offering services across Primary Care, Urgent Care, Mental Health, Women's Health, Nutrition, and Virtual Care, has reported substantial operational improvements since implementing the technology. According to Arihant Jain, President of Nao Medical, the partnership has resulted in a 15% increase in charge capture, a 60% increase in quality code capture, a 40% reduction in charge entry lag, and a 22% reduction in claim denials. Perhaps most notably, the system has enabled Nao Medical to process claims within 24 hours, dramatically accelerating their financial operations compared to traditional methods.

The XpertCoding Business Intelligence Platform provides real-time analytics and actionable insights into coding workflows, allowing Nao Medical's leadership to monitor key performance indicators and streamline claim automation. The platform's Clinical Documentation Improvement module enhances coding accuracy, reduces errors, and optimizes workflow efficiency, contributing to both immediate financial improvements and long-term operational stability. Dr. Sameer Ather, CEO of XpertDox, emphasized that this collaboration demonstrates how AI can deliver measurable financial benefits while allowing healthcare providers to focus on their primary mission of delivering exceptional patient care.

This partnership highlights the growing importance of AI and data analytics in healthcare administration as providers face increasing complexity in billing and coding processes. Solutions like those offered by XpertDox at https://www.xpertdox.com represent a promising path toward improved efficiency, accuracy, and financial performance across the healthcare industry. The success of this collaboration could serve as a model for other healthcare organizations seeking to leverage AI technology to optimize their revenue cycle management and clinical documentation processes.

For the broader healthcare ecosystem, the implications extend beyond immediate financial metrics. By streamlining administrative processes and reducing errors, AI-driven solutions have the potential to improve overall healthcare quality, reduce systemic costs, and enhance patient care and satisfaction. As healthcare continues to evolve, partnerships that combine cutting-edge technology with clinical expertise are likely to play an increasingly important role in shaping the future of healthcare delivery and administration. The healthcare industry will be monitoring how such AI-powered solutions can be further integrated into various operational aspects, potentially revolutionizing how organizations manage both their finances and clinical documentation.

Curated from 24-7 Press Release

blockchain registration record for this content
Burstable Health Team

Burstable Health Team

@burstable

Burstable News™ is a hosted solution designed to help businesses build an audience and enhance their AIO and SEO press release strategies by automatically providing fresh, unique, and brand-aligned business news content. It eliminates the overhead of engineering, maintenance, and content creation, offering an easy, no-developer-needed implementation that works on any website. The service focuses on boosting site authority with vertically-aligned stories that are guaranteed unique and compliant with Google's E-E-A-T guidelines to keep your site dynamic and engaging.