Change Healthcare Unveils Claims Lifecycle Artificial Intelligence

ORLANDO, Fla.--(BUSINESS WIRE)--HIMSS19 Booth 3679--Change Healthcare today announced Claims Lifecycle Artificial Intelligence, a new capability being integrated into the company's Intelligent Healthcare NetworkTM and financial solutions, to help providers and payers optimize the entire claims processing lifecycle. This Change Healthcare Claims Lifecycle AI service is trained on more than 500 million service lines making up over 205 million unique claims that touch $268 billion in charges. Solutions and services across the Change Healthcare portfolio are using artificial intelligence (AI) to help customers with improving payment accuracy, reducing denials, enhancing payment forecasting, and reducing administrative overhead. "Our strategy is to bring AI capabilities to the entire healthcare financial and administrative ecosystem, and claims lifecycle management is the logical place to start," said Nick Giannasi, Ph.D., chief AI officer, Change Healthcare. "We're using AI to bend the cost/quality curve of healthcare. By applying AI to our Intelligent Healthcare Network data, combined with our pervasive presence in payer and provider workflows, we are delivering new health IT solutions that help customers address the financial pressures from healthcare costs in ways not previously possible. Applying AI will transform the claims lifecycle process."