Healthcare technology solutions provider Maverick Medical AI has launched Maverick CodePilot, an advanced tool for real-time medical coding intelligence at the point of care.
Maverick CodePilot is designed to enhance mid-revenue cycle management by offering real-time coding suggestions to physicians.
It integrates regulatory compliance allowing real-time textual suggestions to physicians eliminating the need for addendum creation, maximising revenue and improving the quality of documentation.
It ensures regulatory compliance by providing real-time coding suggestions in text to physicians, eliminating addenda, and boosting revenue while enhancing documentation quality.
Maverick Medical AI said traditional medical coding often occurs after a physician completes their report, leading to delays, missing billing information, and time-consuming addenda. The tool transforms this process by integrating real-time coding directly into the physician’s workflow.
Physicians receive immediate feedback on missing billing details and can update reports before submission.
Maverick CodePilot offers real-time text suggestions, streamlining documentation and reducing editing time. This results in fewer addenda, lower administrative workload, and reduced revenue loss.
The medical coding tool also delivers real-time alerts for missing MIPS (Merit-based Incentive Payment System) and MACRA (Medicare Access and CHIP Reauthorization Act) data. This ensures healthcare organisations stay compliant and avoid costly penalties or missed incentives.
By notifying physicians of incomplete data as it occurs, Maverick’s platform helps optimise revenue capture while maintaining full regulatory compliance.
Additionally, Maverick’s CodePilot eliminates delays caused by long lead times between coders and physicians, which can delay reimbursement by 20-30 days and lead to revenue loss.
With real-time functionality at the point of care, it streamlines coding processes, reduces delays, and improves workflows, boosting financial performance for healthcare organisations, the company said.
Maverick Medical AI CEO Yossi Shahak said: “Our AI platform not only enables seamless automation from report creation to billing but also delivers over 97% accuracy, reducing coding denials by more than 50%.
“Our goal is to continue expanding beyond medical coding into billing and mid-revenue cycle processes, further accelerating reimbursement and enhancing accuracy.”
Maverick Medical AI offers an artificial intelligence (AI)-powered Autonomous Medical Coding platform. Its platform autonomously analyses clinical notes and reports to generate medical codes in real time.
In November 2023, Maverick Medical AI partnered with RadNet to optimise medical coding, reduce costs, and improve revenue cycle management.
