RCM: Cedar, Google Cloud Partner to Build Gen AI Tools to Improve Healthcare Billing
Cedar, a leading healthcare financial technology company, has announced a strategic partnership with Google Cloud to develop next-generation artificial intelligence (AI) tools aimed at enhancing healthcare billing processes. The collaboration aims to address the challenges faced by healthcare providers in managing revenue cycle management (RCM) and streamlining billing operations.
The healthcare industry has long struggled with complex billing systems, leading to inefficiencies, errors, and delayed payments. By leveraging Google Cloud’s advanced AI capabilities and Cedar’s expertise in healthcare financial technology, the partnership aims to revolutionize the way healthcare providers handle billing processes.
The joint effort will focus on developing AI-powered tools that can automate and optimize various aspects of the revenue cycle, including patient eligibility verification, claims management, and payment processing. By utilizing machine learning algorithms, these tools will be able to analyze vast amounts of data, identify patterns, and make accurate predictions to improve billing accuracy and efficiency.