Innovations in Healthcare: Trends You Don’t Want to Miss in 2024

innovation in healthcare

In the wake of explosive advancements in generative AI tools in 2023, the healthcare industry is poised for a transformative year in 2024. Healthcare leaders are gearing up to harness these innovations to redefine the industry’s future, with a focus on improving revenue cycles, operational efficiency, and patient care. Over the past few years, there […]

AI-Powered Software for Medical Coding: Revolutionizing Healthcare Efficiency

AI-Powered Software for Medical Coding

In the dynamic landscape of healthcare, the integration of AI-powered software for medical coding has emerged as a game-changer. At MediCodio, we understand the importance of medical coding AI, so let’s delve into the multifaceted benefits and transformative impact of this cutting-edge technology, shedding light on its role in revolutionizing the efficiency of medical coding […]

10 Steps to Choose the Right AI-based Medical Coding and Billing Companies

medical coding and billing companies

Artificial intelligence (AI) has been instrumental in streamlining various processes and improving efficiency in the healthcare industry. Especially in the medical coding and billing department, AI has made significant inroads helping medical coders analyze medical records faster and code accurately. As healthcare organizations increasingly seek to enhance accuracy and productivity in revenue cycle management, choosing […]

Understanding Oncology Medical Coding and Billing: Essential Tips and Guidelines 

Oncology medical coding blog

What do you think is more important for oncology practice to run seamlessly: Accurate coding or ethical billing strategies? Well, truth be told, both are equally important. However, according to various studies, it is reported that compared to any other specialty, oncology has more complicated denied claims which require an effective denial management solution. In […]

How to Use an AI Tool to Improve Medical Coding Accuracy?

Medical Coding Accuracy

Wondering how to use an AI tool to address medical coding challenges? Healthcare industry leaders and RCM billing companies have been looking for a medical coding solution for a long time now. In the ever-evolving landscape of healthcare, precision, and accuracy in medical coding are critical for billing, compliance, and overall patient care. Traditional manual coding […]

Exploring AI in Medical Coding for Pain Management

Exploring AI in Medical Coding for Pain Management

Chronic pain is one of the major health issues in the United States. Healthcare providers spend most of their time treating patients with chronic pains. According to the National Institutes of Health (NIH), it’s estimated that between 11% and 40% of US adults suffer from chronic pain. While healthcare specialists focus on providing patient-centered and coordinated […]

5 Ways AI Can Improve Medical Practice Management

Medical Practice Management

Medical practice management is known for running healthcare administrative tasks, such as scheduling appointments, medical coding, and billing, and managing patient records, as well as strategic and other operational tasks. The overall objective of practice management is to streamline the administrative process and enhance the revenue and efficiency of a healthcare facility. With the advancement […]

5 Things that Indicate You need AI-based Medical Coding in RCM

AI-based medical coding in RCM

In the realm of healthcare revenue cycle management (RCM), the integration of Artificial Intelligence (AI) has emerged as a transformative force, particularly in medical coding. AI-based medical coding in RCM streamlines processes, enhances accuracy, and alleviates the burden on healthcare professionals. Identifying the signs indicating the requirement for AI-driven solutions in medical coding is crucial […]

Unlocking Efficiency in Ambulatory Clinics with AI Medical Coding Tools

In the fast-paced environment of ambulatory clinics, the need for accurate and swift medical coding has become increasingly crucial. Recent surveys and statistics underline the significance of embracing technological advancements, particularly in the form of AI-driven solutions, to streamline medical coding processes. According to a survey conducted by the American Health Information Management Association (AHIMA), […]

Everything About AI-based Hierarchical Condition Categories (HCC) Coding

As healthcare organizations are shifting to value-based care, Hierarchical Condition Categories (HCCs) are gaining prominence. The whole purpose of the HCC process is to assess a patient’s possible use of healthcare services and the associated costs. Healthcare organizations and RCM coding departments must possess fundamental knowledge about HCC to ensure accurate coding, thereby securing timely […]