• Industry News
  • Law & Malpractice
  • Coding & Documentation
  • Practice Management
  • Finance
  • Technology
  • Patient Engagement & Communications
  • Billing & Collections
  • Staffing & Salary

Practice tip of the week: Boost your practice with artificial intelligence


Your weekly dose of wisdom from the Physicians Practice experts.

With all the useful information available on Physicians Practice, it is easy to become overwhelmed.

With this in mind, the tip of the week is a chance to reflect on some of the wisdom found all across the site. In a February 2021 story on your practice with artificial intelligence, Hariharasudan Neelarathinam writes the following:

“Gone are the days when the term artificial intelligence (AI) brought images of robots to your mind. Accenture calls AI a self-running engine for growth in healthcare and when combined, key clinical health AI applications could help the US healthcare economy save up to $150 billion in annual savings by 2026. The AI health market is predicted to touch $6.6 billion by 2021 at a compounded annual growth rate of 40%. AI can perform administrative as well as clinical healthcare functions with equal ease.

Clearly, AI-driven patient engagement can do a lot of good for your practice than you would ever imagine.

AI has been increasingly helpful in:

  • Screening heaps of data to provide actionable insights for physicians to make better decisions that improve outcomes while boosting patient engagement.
  • Accelerating care delivery and enabling interventions early on with the help of analytics.
  • Identifying and rectifying bottlenecks that impede patient satisfaction.
  • Converting unstructured data (notes, voice memos, etc.) with the help of natural language processing (NLP) to save physicians from laborious manual data entry work.”

Click here for the rest article. Be sure to come back next week for another Tip of the Week!

Related Videos
The importance of vaccination
The fear of inflation and recession
Protecting your practice
Protecting your home, business while on vacation
Protecting your assets during the 100 deadly days
Payment issues on the horizon
The future of Medicare payments
MGMA comments on automation of prior authorizations
The burden of prior authorizations
Strategies for today's markets
© 2024 MJH Life Sciences

All rights reserved.