As artificial intelligence in revenue cycle management quickly gains ground, a new startup, Procode AI, launched out of stealth with a unique approach to AI-powered RCM for complex procedural and surgical cases. The company is using an AI-roll up strategy, acquiring an established surgical billing business to embed AI into workflows while also strategically focusing on building intelligent billing infrastructure for surgeons in private practice. Procode AI co-founders Jeff Cripe, a tech startup entrepreneur, Kameron Rezzadeh, M.D., a board-certified plastic and reconstructive surgeon, and James Baez-Silva, an engineer, saw a fragmented RCM market that didn’t serve the needs of private practices that face growing administrative burden and uncertainty around reimbursement.
Read the full article: Armed with Funding and an Acquisition, Procode AI Launches AI-Powered RCM for Surgical Billing //
Source: https://www.fiercehealthcare.com/ai-and-machine-learning/armed-funding-and-acquisition-procode-ai-launches-ai-powered-rcm-medical