Nao Medical and XpertDox have announced a strategic partnership to improve healthcare revenue cycle management (RCM) and clinical documentation through advanced AI technology. This collaboration focuses on streamlining administrative processes, reducing financial errors, and improving efficiency in healthcare operations.
Nao Medical, a leading provider of urgent and primary care services, is partnering with XpertDox, a company specializing in AI-driven solutions for healthcare documentation. Together, they aim to address common challenges in the medical field, such as delayed insurance claims, billing inaccuracies, and time-consuming documentation tasks.
Key Takeaways
Nao Medical and XpertDox partner to transform healthcare documentation and billing through AI technology.
- The partnership aims to streamline administrative processes, reduce financial errors, and improve efficiency in healthcare operations by automating clinical documentation and billing.
- By leveraging XpertDox’s AI-powered platform, Nao Medical expects to speed up insurance reimbursements, reduce errors, and lower administrative costs, making healthcare services more affordable and accessible for patients.
- The collaboration represents a growing trend in the healthcare industry to adopt AI-driven tools that enhance productivity and reduce inefficiencies, setting new standards in healthcare management and improving outcomes for patients and providers alike.
AI-powered documentation solutions
The partnership leverages XpertDox’s AI-powered platform, which automates clinical documentation, ensuring accurate coding and reducing the burden on healthcare providers. This technology captures essential details during patient interactions, creating high-quality documentation while minimizing the need for manual input. Nao Medical will integrate this system into its practices, allowing its providers to focus more on patient care than administrative tasks.
By automating key parts of the billing and documentation process, the collaboration is expected to speed up insurance reimbursements, reduce errors, and lower administrative costs. These improvements could benefit patients by making healthcare services more affordable and accessible.
Nao Medical, led by president Arihant Jain, has improved revenue cycle management with XpertCoding, achieving higher charge and code capture rates, faster claim processing, and reduced denials, allowing greater focus on patient care.
These include a 15% increase in charge capture, a 60% enhancement in quality code capture, a 40% reduction in charge entry lag—ensuring claims are processed within 24 hours—and a 22% decrease in claim denials.
Meanwhile, Dr. Sameer Ather, CEO of XpertDox, expressed excitement about the partnership, emphasizing the potential to ‘enhance operational efficiency and patient satisfaction.’ Nao Medical echoed these sentiments, highlighting their shared goal of using innovation to overcome challenges in modern healthcare.
This partnership represents a growing trend in the healthcare industry to adopt AI-driven tools that enhance productivity and reduce inefficiencies. By combining Nao Medical’s expertise in patient care with XpertDox’s advanced technology, the two companies aim to set new standards in healthcare management and improve outcomes for patients and providers alike.
