AI-driven Healthcare Data Recognition & Analysis Platform
USA Healthcare web Retrospective audits
After a dedicated year of hard work, Linkup Studio delivered an AI-based HIPAA-compliant platform from scratch that greatly simplifies the healthcare audit process. With just a couple of clicks, this innovative platform recognizes, links, and verifies vast quantities of documents from healthcare providers' archives. This accelerates the process of identifying additional revenue from "zero balance" accounts, enabling swift and efficient financial recovery.
Our solution has transformed the audit process, reducing countless hours of manual document analysis to mere seconds. Managers can now swiftly identify up to 5% of underpaid contracts from various insurance companies. This allows for the recovery of millions of dollars to medical centers, hospitals, clinics, and other healthcare facilities across the US. It's not just a step towards efficiency – it's a leap towards profitability and fair compensation in healthcare.
Discover how our cutting-edge AI platform transforms healthcare audits and replaces manual analysis with instant and intelligent insights.
ClIENT & BUSINESS CHALLENGE
Our client is dedicated to delivering retrospective audits to healthcare facilities throughout the US. As of January 2023, Definitive Healthcare HospitalView indicates over 7,000 medical providers in the country. Many of these providers struggle with underpaid "zero balance" care accounts. This issue largely stems from various insurance company policies and other factors. Even though the industry boasted an impressive total revenue of $2.829 trillion in 2022, many US healthcare facilities lose millions yearly. The reason is difficulties in identifying and collecting underpayments from managed care payers.
Our client specializes in auditing and examining healthcare providers' "zero balance" accounts up to two years old. They successfully retrieve additional revenue.
They reached out to Linkup Studio with a request to develop a comprehensive AI system that could automate their complex processes. Their goal was to shorten the time their managers often spent on a single project and reduce the inevitable human errors that can occur when dealing with work on such a large scale.
Linkup Studio team tackled a set of pivotal tasks to create this robust solution:
Linkup Studio has innovatively designed and developed the HIPAA-compliant Balance PrimeAudit AI tool. This platform boasts lightning-fast automated recognition of thousands of documents, including PDFs, image files, and CSV, XLSX, and XLS formats. With its advanced Machine Learning capabilities, it can identify and categorize key-value pairs.
In essence, the platform auto-generates a frameless board that links files and tables with the same patient ID, names, invoice numbers, or other crucial parameters. This feature serves to equip audit managers with comprehensive, organized, and ready-to-analyze information, streamlining their further workflow. On top of that, the data analysis component of the product facilitates an automated check of incomplete or damaged data with a single click. This feature rectifies sporadic errors, ensuring data consistency and accuracy.
Our AI platform has increased efficiency for our client, a healthcare audit company. It has freed up roughly 70% of the time previously devoted to manual research and data processing. Linkup Studio's engineering efforts have largely mitigated issues related to corrupted data in tables, substantially minimizing human error.