Revenue Cycle Management Automation

Improve efficiency of health care providers’ revenue cycle process and uplift patient care

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Efficient, accurate extraction across medical records of different formats

Streamline Revenue Cycle Process

Streamline Revenue Cycle Process

End to end automation, AI-powered highly accurate extraction and validation of patient & claims data – greatly reducing administrative effort & manual intervention

Manage Case Spikes & Variations

Manage Case Spikes & Variations

Handles multiple formats of medical records, insurance claim forms (handwritten & printed, scanned) from hundreds of providers; and spurts of incoming documents

Minimise Revenue Loss or Delays

Minimise Revenue Loss or Delays

End-to-end automation with pre-trained models avoiding manual errors, reduces chances of delayed or reduced reimbursement

Enhance Patient Satisfaction

Enhance Patient Satisfaction

Reduces claim denials due to highly accurate extraction and processing, track claims status better, overall enable better quality of care for patients

Powerful Revenue Cycle Management Automation Platform

AI-powered extraction of data across electronic or patient health records (EHRs/PHRs) & insurance claims forms, validation, insightful reports and end-to-end workflow automation – to optimise revenue cycle for health care providers.

Data Capture Agents

For automated data extraction

Automated classification of medical records (patient health records, insurance claim, cover page, discharge summary etc.) of different formats from hundreds of healthcare providers; and template-free extraction from handwritten or printed text, checkboxes etc. based on pre-trained models and easily trainable models; with semantic understanding of data points extracted; automated validation thereby greatly reducing administrative burden and needs for SME/ human intervention.

Agentic Workflows

To accelerate decision-making

Customizable, interactive dashboards produce reports in form of interactive graphs and charts on claims processed vs. denied, average time taken - provide productivity insights and enable decision-making

AI Search

For Seamless Search

Powerful cognitive vertical search engine that queries across documents based on relevant search filters – such as diagnose code, payor or provider etc. – to enable RCM service providers and healthcare providers discover relevant information and documents quickly; in addition, semantic search that provides relevant results for Q&A -type queries.

Conversational AI

To accelerate decision-making

Our Conversational AI transforms RCM communications, enabling more efficient interactions between healthcare providers, payers, and patients. AI-powered solution supports real-time query handling and issue resolution, facilitating smoother patient registration, billing inquiries, and insurance verification processes.

AI Analytics

For Seamless Search

Customizable, interactive dashboards produce reports in form of interactive graphs and charts on claims processed vs. denied, average time taken - provide productivity insights and enable decision-making

AI Assistants

To maximise efficiency

Workflow automation and integration (via APIs, webhooks) to downstream/upstream healthcare systems – thereby greatly reducing document or data duplication effort, back-and-forth coordination between entities or roles.

Why choose Botminds Revenue Cycle Management Automation Solution?

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Automatically extract, normalise and validate data from multiple, complex medical records in minutes

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Reduce tedious, manual tasks in claims and billing part of revenue cycle process

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Ensure regulatory (HIPAA) compliance through secure, private cloud deployment of the solution

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Point and click configuration, no-code AI with simple intuitive interface

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Up to 100% accuracy that improves over time with self-learning – critical for healthcare data

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In-built OCR and encryption capability - even password-protected medical record PDFs can be read within the platform

95%

Accuracy

4x

Process Efficiency

75%

Reduced Time

3x

Claims Files Throughput

Frequently asked questions about Revenue cycle management automation

Still have questions?

Please chat with our support team.

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RCM is a critical, time-consuming and administratively heavy process that includes patient registration, insurance billing, verification with payors, coding the claim, payment and collection.

Errors and delays due to manual entry or checks across high volumes of documents leads to poor patient satisfaction; and delays in collections for the healthcare providers.

With a huge number of payors (over 900 in the US), health plans, validation checks required and regulations to comply with – health care providers outsource this critical back-office process to RCM service providers – who deploy large teams to handle this.

Pre-processing a claim filed needs to be done in a stipulated time frame – and this poses a challenge when done manually.

Automation of the RCM process enables RCM service providers turbocharge the entire process – handling claims in minutes with ~100 accuracy – they are thus able to increase the volume of records handled with the same time (nearly 3X)

Health care providers can also leverage automation to reduce manual efforts and streamline their RCM process.

The Botminds AI platform can handle all key financial statements in multiple formats, reporting/accounting standards and filing types across geographies - Balance sheets, Income statements, cash flows, Annual reports, SEC filings (10Q, 10K, 8K etc.); tax forms; Personal financial statements etc.

Botminds can handle any PDF documents (scanned or digital) - handwritten and/or printed. In addition, the Botminds AI platform can extract relevant payor, provider or other related unstructured data from web pages, if any.

In case of SaaS model, the data is highly secure with 2FA and role-based access controls in place. Botminds platform was built with high degree of data security in mind.The Botminds AI platform can also be deployed in a private cloud environment for our clients – this ensures that documents and data never leave the client’s environment.

See Botminds Platform In Action

Learn how Botminds Intelligent Document Process can drive ROI, reduce costs, and save time for your business.

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