Blockchain & AI Are Revolutionizing Healthcare Payments⚕️💲

🎥 SPOTLIGHT CLIP: Healthcare providers face several challenges today, including denials or delays of patient claims. ⚕️👩‍⚕️

Recent statistics show that nearly 15% of all claims submitted to private payers for reimbursement are initially denied. Nearly 50% of those denials are ultimately overturned, but not before 𝐜𝐨𝐬𝐭𝐥𝐲 𝐫𝐨𝐮𝐧𝐝𝐬 𝐨𝐟 𝐚𝐩𝐩𝐞𝐚𝐥𝐬 with the insurance companies. 💵 💵 💵

Now, developments in #ai and #blockchain technology are 𝐫𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐡𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬, enabling a transparent and secure process for both hospitals and payers. 💲 💲

We’re spotlighting 𝗩𝗲𝘂𝘂, a fintech ecosystem for the #healthcare industry that uses a suite of AI tools 𝐭𝐨 𝐜𝐨𝐝𝐞 𝐜𝐥𝐚𝐢𝐦𝐬 𝐚𝐧𝐝 𝐝𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐞 𝐭𝐡𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐫𝐢𝐬𝐤 𝐨𝐟 𝐝𝐞𝐧𝐢𝐚𝐥/𝐚𝐝𝐣𝐮𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐣𝐮𝐬𝐭 𝐬𝐞𝐜𝐨𝐧𝐝𝐬, providing claim adjudication the day a patient is discharged from the hospital. 🏥

“𝙍𝙚𝙞𝙢𝙗𝙪𝙧𝙨𝙚𝙢𝙚𝙣𝙩𝙨 𝙛𝙧𝙤𝙢 𝙞𝙣𝙨𝙪𝙧𝙖𝙣𝙘𝙚 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙖𝙧𝙚 𝙩𝙝𝙚 𝙡𝙞𝙛𝙚𝙗𝙡𝙤𝙤𝙙 𝙤𝙛 𝙥𝙧𝙤𝙫𝙞𝙙𝙚𝙧𝙨 𝙩𝙤𝙙𝙖𝙮. 𝙏𝙤 𝙜𝙚𝙩 𝙩𝙤 𝙩𝙝𝙚 𝙧𝙤𝙤𝙩 𝙤𝙛 𝙩𝙝𝙚 𝙥𝙧𝙤𝙗𝙡𝙚𝙢, 𝙩𝙝𝙚𝙧𝙚’𝙨 𝙣𝙤 𝙩𝙧𝙖𝙣𝙨𝙥𝙖𝙧𝙚𝙣𝙘𝙮. 𝙋𝙧𝙤𝙫𝙞𝙙𝙚𝙧𝙨 𝙛𝙤𝙪𝙣𝙙 𝙩𝙝𝙖𝙩 𝙥𝙖𝙮𝙚𝙧𝙨 𝙙𝙤𝙣’𝙩 𝙬𝙖𝙣𝙩 𝙩𝙤 𝙥𝙖𝙮 𝙘𝙡𝙖𝙞𝙢𝙨. 𝙋𝙖𝙮𝙚𝙧𝙨 𝙨𝙖𝙮 𝙩𝙝𝙖𝙩’𝙨 𝙖𝙗𝙨𝙤𝙡𝙪𝙩𝙚𝙡𝙮 𝙣𝙤𝙩 𝙩𝙝𝙚 𝙘𝙖𝙨𝙚 - 𝙩𝙝𝙚𝙮 𝙟𝙪𝙨𝙩 𝙘𝙖𝙣’𝙩 𝙥𝙖𝙮 𝙘𝙡𝙖𝙞𝙢𝙨 𝙩𝙝𝙖𝙩 𝙖𝙧𝙚 𝙬𝙧𝙤𝙣𝙜.”

Watch short snippets from our recent segment with CEO and Chief AI Architect Terence Mills; COO Jane Nemcova; CFO of Huntington National Bank Zach Wasserman; and Senior Managing Director of Corporate Healthcare Banking at HNB, Dan Storer.

🎬 𝗗𝗠𝗚 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻𝘀 | @HuntingtonBank