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Ep. 455 Thomas Camp & Mark Mckinzey | AI is Fixing Healthcare with Exdion Health
Manage episode 452068363 series 2513680
For episode 455, President Thomas Camp & VP of Sales Mark Mckinzey join Brandon Zemp to talk about the inefficiencies of the healthcare industry in revenue cycles and how they aim to fix it with Artificial Intelligence. 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. It sounds like the podcast might be more geared toward finance but wanted to check and see if this is something that could work too. Would love to get your thoughts! ⏳ Timestamps: 0:00 | Introduction 0:51 | Who is Thomas Camp? 1:57 | Who is Mark Mckinzey? 3:11 | What is Exdion Health? 4:50 | Exdion’s target market 6:46 | How does Exdion incorporate AI? 8:45 | Revenue lost in traditional healthcare systems 12:10 | Exdion’s services for Clinics 14:17 | ExdionCASH 15:02 | Exdion in the United States 18:13 | Example of Exdion use-cases 20:25 | Future of AI in Healthcare 22:39 | 2025 Roadmap for Exdion Health 26:49 | How to contact Exdion Health? 🎙 Exdion Health Links: 🔗 Website: https://exdionhealth.com 🔗 LinkedIn: https://www.linkedin.com/company/exdionrcm 🔗 YouTube: https://www.youtube.com/channel/UC-iVVvuo001T_IWk-yapTbw ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 📢 Disclaimer: None of our content constitutes, nor is intended to act as financial advice. It’s important to always do your own research and due diligence before making any investment decision. Digital Assets and Cryptocurrencies are highly volatile and carry a considerable amount of risk.
458 episoder
Manage episode 452068363 series 2513680
For episode 455, President Thomas Camp & VP of Sales Mark Mckinzey join Brandon Zemp to talk about the inefficiencies of the healthcare industry in revenue cycles and how they aim to fix it with Artificial Intelligence. 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. It sounds like the podcast might be more geared toward finance but wanted to check and see if this is something that could work too. Would love to get your thoughts! ⏳ Timestamps: 0:00 | Introduction 0:51 | Who is Thomas Camp? 1:57 | Who is Mark Mckinzey? 3:11 | What is Exdion Health? 4:50 | Exdion’s target market 6:46 | How does Exdion incorporate AI? 8:45 | Revenue lost in traditional healthcare systems 12:10 | Exdion’s services for Clinics 14:17 | ExdionCASH 15:02 | Exdion in the United States 18:13 | Example of Exdion use-cases 20:25 | Future of AI in Healthcare 22:39 | 2025 Roadmap for Exdion Health 26:49 | How to contact Exdion Health? 🎙 Exdion Health Links: 🔗 Website: https://exdionhealth.com 🔗 LinkedIn: https://www.linkedin.com/company/exdionrcm 🔗 YouTube: https://www.youtube.com/channel/UC-iVVvuo001T_IWk-yapTbw ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 📢 Disclaimer: None of our content constitutes, nor is intended to act as financial advice. It’s important to always do your own research and due diligence before making any investment decision. Digital Assets and Cryptocurrencies are highly volatile and carry a considerable amount of risk.
458 episoder
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