Healthcare providers continue to recognize the value of using AI in reporting operations throughout the organization. AI has many strengths when applied to the healthcare industry:
- Automate routine, repeatable data analysis;
- Create data insights delivered directly to users;
- Build analytics, such as chatbots;
- Posit “what if” scenarios; and
- Identify data clusters, forecasting and anomalies using algorithms.
The final installment of MedeAnalytics President Scott Hampel’s series on the evolution of manual reporting to AI-powered business intelligence is available now. He discusses how AI is the ultimate tool to help healthcare organizations understand and act on their voluminous data.
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No matter the time of year, payers and providers should work to agree on a shared source of truth when it comes to data. With the recent end of the year, it’s time to celebrate the new year (who isn’t ready to say goodbye to 2020?) and close the books, which includes the reconciliation of any shared savings or losses.
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I have heard the word “unprecedented” so many times in 2020 that it has lost its significance; many of us have become desensitized to the extraordinary changes in the world this year.
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