Learn how artificial intelligence is revolutionizing the future of healthcare payments.
Jupiter, FL—Advancements with Ted Danson will highlight innovative fintech solutions for the healthcare system in an upcoming segment.
With a look at the current headwinds faced by healthcare providers today, this segment will educate about current disparities in care, which include the denial or delay of patient claims – whether in the form of medications, tests, or other vital services. Viewers will learn about revenue-cycle issues that have long plagued providers and insurance payers alike, who now face increased cost, overhead, and lead time, just to get claims paid, resulting in a record number of providers in rural and remote communities shuttering due to inability to get claims properly coded and paid on time.
Audiences will learn how developments in artificial intelligence and blockchain are revolutionizing the future of healthcare payments. Hearing from experts in the industry, the show will explore how Veuu’s fintech solution uses artificial intelligence to autonomously code claims, detect problems, and pay claims instantly. Spectators will see how the transparent and secure process uses blockchain technology, coupled with the best-of-breed artificial intelligence techniques, to solve a pressing business need for both hospitals and payers, with a solution that reduces multi-faceted risks on both sides.
Huntington Bancshares Incorporated (“Huntington”), parent entity of The Huntington National Bank, is an investor and collaborator in the Veuu platform. Huntington’s Chief Financial Officer, Zach Wasserman, remarked, “The goal of our investment in Veuu is to solve the financial and operating challenges our physician and hospital clients experience with revenue cycle and limitations to working capital. This pilot is another step forward in developing a lasting solution in adjudicating healthcare claims accurately and instantly.”
The segment will also share the fintech solution’s unique approach to handling inpatient and outpatient coding, complex modifiers, and real-time processing of doctor’s notes, which helps doctors and administrators to focus on healthcare, rather than back-office nightmares.
“Technology provides the potential to solve age-old problems endemic to our healthcare claims system. This pilot opportunity will provide quantifiable evidence of how sizeable the potential could be. We’re delighted that CAQH is supporting us in this new endeavour,” commented Terence Mills, CEO of Veuu.
In addition, the segment will highlight how Veuu’s applications provide unique data insights to help hospital CFOs, CMOs, and Revenue Cycle managers make smarter business and care decisions, helping to uncover patterns before they become trends.
“We look forward to sharing how the blockchain-based solution removes the human element to provide continuous monitoring of portfolio claims, allowing users to adjust claims management strategies to avoid repeat errors,” said Ed Sullivan, senior producer for the Advancements series.
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About Veuu and Huntington:
Veuu is a FinTech healthcare specializing in “white box” AI solutions that solve problems in the healthcare revenue cycle, to ensure that the logic is transparent and that humans remain ultimately accountable for decision-making. payVeuu is part of a broader ecosystem that includes codeVeuu (automatic claims coding) and riskVeuu (instant risk evaluation), which work together to maximize the efficiency of the claims process. The aim is not only to reduce errors and contain costs, but ultimately to improve the quality of patient care.
Huntington Bancshares Incorporated is a $194 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates approximately 970 branches in 11 states, with certain businesses operating in extended geographies.
About Advancements and DMG Productions:
Advancements is an information-based educational television series that explores recent developments taking place across several industries and economies. Shining a light on important issues and topics impacting society today, the series features the cutting-edge improvements, state-of-the-art technologies, and innovative solutions responsible for shaping, molding, and transforming our world.
Backed by experts in various fields, DMG Productions is dedicated to education and advancement, and to consistently producing commercial-free, educational programming for viewers and networks.
For more information, please visit www.AdvancementsTV.com or call 866-496-4065.
