"From the team at LinkedIn News, including Beth Kutscher, on predictions for 2024: Read the Full Article
One of my predictions for 2024 is a fundamental shift in how healthcare providers - and payors for that matter - are approaching coding. Today, medical coding is primarily used as a tool to expedite revenue cycle management so providers can receive accurate reimbursement for care provided to patients in a timely fashion. As intelligent technologies - like AI, ML, NLP, and LLM - evolve and advance with warp speed in 2024, the role of medical coding is ripe for expansion.
In 2024, I believe we'll start to see innovative healthcare providers looking to not only automate more medical coding but, more importantly for patients, look at medical coding and the data behind it as a key tool to optimize population health initiatives and fuel areas such as clinical research. Essentially, transitioning medical coding as a tool for RCM to a powerful clinical lever to be used in the move to value-driven, personalized care.
Interested in thoughts from others in the healthcare provider space on how they think medical coding and RCM will evolve in 2024…”