Medical Coding
Rapid Care offers AI-powered auto coding services for analyzing clinical documentation and automatically suggesting the most appropriate codes based on the information in the medical record. Our NLP program helps extract relevant information from unstructured text (e.g., physician’s notes, lab reports) and translate it into accurate codes. Hospitals will gain the following major benefits:
- Improvement in working capital.
- Reduce days to code for in scope case mix to almost zero.
- Reduce coding on hold reasons.
- Improve days to invoice and days to cash receipt.
- Increase average revenue per patient and decrease average cost per patient.
- Business case and benefit modelling (P50) indicates an indicative ROI of >4x.
