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Dexios Sees Success in Capturing Charges on the Front-end That Would Cause Denials on the BackendMaverick Medical AI, or Maverick, a provider of an innovative and autonomous AI-powered medical coding platform, and Dexios, a radiology-specific revenue-cycle management (RCM) company serving imaging centers and hospital-based radiologists across the U.S., release data from their ongoing partnership to streamline healthcare billing. Through this collaboration, Maverick and Dexios were able to reduce coding related denials and significantly reduce medical coding queue backlogs by 71 percent. As healthcare providers across the U.S. endure the burden caused by a shortage of medical coders, Dexios sought out a solution to accurately automate the coding process and reduce coding related denials. This fostered a partnership with Maverick Medical AI in late 2023 when Dexios deployed Maverick's platform to optimize the billing process by automating the rigorous medical coding process. Dexios's transition to a fully automated coding solution has augmented its entire RCM operation, which serves numerous radiology clinics, imaging centers, and hospitals across 16 states. With the data indicating widespread success from integrating the Autonomous Medical Coding Platform, the results from six key metrics include:
"We are pleased, yet not surprised, to see such positive results from this partnership as Maverick's technology is designed to allow for a streamlined process, enabling high direct-to-bill rate as demonstrated by Dexios," says Yossi Shahak, CEO and Founder of Maverick Medical AI. "This proprietary technology puts Maverick in a category of its own in terms of value proposition for the customer. As a leading RCM company, we couldn't have worked with a stronger and more determined team. We look forward to continuing this progress and providing value for Dexios's clients." "For healthcare organizations, patients, and insurance providers, drastically reducing denials is in the best interest of all these parties", says Billie Artcliff of Dexios. "This is essentially what drove us to team up with Maverick in the first place. After quickly implementing Maverick's Autonomous Medical Coding Platform we've witnessed unprecedented results. We have implemented processes to reduce denials, review charges prior to coding that would normally be denied when sent to insurance and a direct-to-bill rate of over 85 percent. Maverick's solution has been a game-changer, streamlining the medical coding process and radically enhancing productivity. Its impact has drastically improved our entire operation."
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240430836406/en/ |