Automating Medical Coding and Billing with Nividous’ AI-Powered RPA Bots - PowerPoint PPT Presentation

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Automating Medical Coding and Billing with Nividous’ AI-Powered RPA Bots

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Kane Wound Care uses Nividous’ AI-powered RPA Bots for automating its complex medical coding and billing process and achieves a 95% reduction in manual work. – PowerPoint PPT presentation

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Title: Automating Medical Coding and Billing with Nividous’ AI-Powered RPA Bots


1
Kane Wound Care Automates Medical Coding and
Billing Process with Nividous AI-Powered RPA
Bots
Organization This customer is a group of over 30
physicians, nurse practitioners, and physician
assistants dedicated to the practice of providing
wound care services. They offer their services
to patients in their homes and residents in
long-term, subacute facilities and assisted
living facilities. They are servicing
approximately a hundred of these facilities
throughout New Jersey, New York, and
Pennsylvania, managing 1500 patients
weekly. Challenges Prompt and correct payment
through Medicare is important operational aspect
for all healthcare providers. The process of
manually analyzing clinical documentationcharts
and notesand determining which codes are
relevant to a specific case was highly tedious
and time consuming. The process required
dedicated skilled coders to manually deal with
over 70,000 codes that fall under different
categories to generate proper invoices daily.
Such complexity and related changes can cause
inaccuracies in medical coding delaying the
overall operations and can also result in
improper payments. This customer wanted to
eliminate the potential loss of revenue from
inaccurate coding. Moreover, from a revenue cycle
management perspective, it was crucial that the
coding for billing was done quickly and with one
hundred percent accuracy to avoid
rejection/non-payment of claims. Solution
Processes automated Medical coding and
billing Industry Healthcare
Nividous AI-powered RPA Bots allowed for
frictionless medical data retrieval to complete
complex coding that is required to ensure fast,
maximum Medicare payment. The automation has
also enabled us to file reports directly into
our customers EMR (Electronic Medical Record)
system within 24 hours thus cutting down on
their administrative burden. With the success of
this automation, we are anticipating a
significant increase in revenues and overall
cash flow for our business. Founder CEO Kane
Wound Care
Nividous AI-powered RPA Bots are deployed to
code thousands of charts on a weekly basis with
ease and efficiency. The Bots with native
machine learning capabilities understand and
analyze each patients wound documentation to
create billing codes that are then used to
create proper invoices. The invoicing/payment
process can be accomplished via an external
billing company, dedicated system or can all be
taken care of in-house. This automation has
helped in reducing the risk of manual errors,
improving overall process efficiency, and allowed
medical personnel to spend more time focusing on
patient care and more complex coding scenarios.
Benefits
For more information on how healthcare
professionals use Nividous platform visit
https//nividous.com/case-studieshealthcare
95
90
85
Reduction in manual work
Improvement in coding accuracy
Improved process turnaround time
1 (442) 444 2767
www.nividous.com
contactus_at_nividous.com
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