Exdion Health Launches New Platform Within Its AI Tech Suite to Provide Realtime Business Intelligence and Actionable Analytics
2024年8月7日 - 12:30AM
ビジネスワイヤ(英語)
ProMaxAI enables urgent care centers to operate
more efficiently and profitably
Exdion Health, a healthcare technology company
with a focus on urgent care centers, has launched ProMaxAI, a new
AI-driven tool within its tech suite that will transform the
medical coding and reimbursement industry. Exdion Health provides a
wide range of innovative revenue cycle management solutions to help
healthcare companies streamline operations and improve
profitability.
The company currently offers a tech suite that helps U.S. urgent
care centers and other healthcare entities, automate their medical
coding process. A 2023 report by the American Medical Association
(AMA) estimated that coding errors cost the healthcare industry
approximately $36 billion annually in lost revenue, denied claims
and potential fines. Exdion Health offers the first smart AI coding
platform that combines rule-based and machine-learning tools to
improve documentation, educate providers, optimize revenue and
boost revenue velocity.
Its flagship product, ExdionACE, a proprietary auto coding
engine, is tailored exclusively for urgent care centers and can
create a more efficient claims process, free of human error, when
it comes to key challenges including rejection or denial of claims,
compliance and missed revenue. ExdionACE is electronic medical
records (EMR) agnostic, meaning it can work seamlessly with any
practice management system.
The company's latest groundbreaking platform, ProMaxAI, is
poised to further enhance the operational efficiency of urgent care
centers by optimizing their revenue cycles through advanced AI
technology. ProMaxAI, a revolutionary communications tool, expands
upon the capabilities of the ExdionACE system, offering real-time
feedback on coding errors and omissions—an unparalleled feature in
today's market. Additionally, the platform incorporates a
sophisticated AI chatbot, referred to as “Genie,” which is readily
available to address any inquiries providers may have regarding the
findings. This immediate feedback mechanism enables providers to
refine their chart documentation, resulting in more accurate and
compliant billing practices.
Thomas Camp, President and Head of Exdion Health, stated that
ProMaxAI will revolutionize the operations of urgent care centers
and enhance their financial success by leveraging business
intelligence to deliver actionable insights.
"The primary challenge our customers face is the lack of
comprehensive data needed for making strategic operational and
financial decisions. Our innovative ProMaxAI tool is designed to
empower leadership teams and practice administrators, enabling them
to take real-time actions with confidence," stated Camp.
Lohith Reddy, Executive Vice President of Exdion Health, said
the objective of the Exdion AI tech suite is to enhance the
efficiency and profitability of healthcare centers by optimizing
processes and accelerating operational performance.
"Leveraging the power of AI in your business ensures accurate
and up-to-date medical coding, enhanced compliance and maximized
revenue," added Reddy. "Not only does it unlock hidden revenue, but
it also simplifies coding and compliance processes, allowing
clinicians to refocus on patient care."
For more information on Exdion Health and the new ProMaxAI
platform, or to arrange interviews with Thomas Camp and Lohith
Reddy, please contact Silver Hogue at 214-697-3113 or
silver.hogue@hck2.com.
About Exdion Health
Exdion Health is a global B2B tech-led consulting and product
organization specializing in innovative revenue cycle management
solutions. With offices in the US and India, it builds and markets
state-of-the-art technology products leveraging AI, ML, NLP and
more. Its focus is on providing automation solutions for medical
coding processes in healthcare centers. It partners with urgent
care and other healthcare entities enabling them to digitally
transform and stay future-ready. Exdion Health’s sophisticated
technology solutions are delivered through simple, flexible, and
affordable engagement models, serving several global healthcare
businesses. Exdion Health is committed to driving success for
clients by uncovering hidden value, rewiring operations, and
achieving tangible results. For more information, visit
Exdionhealth.com.
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Silver Hogue 214-697-3113 silver.hogue@hck2.com