About
RevMaxAI, an AI powered Pre-bill solution with real-time Natural Language Process (NLP) extraction empowers reviewers with insightful nudges to manage operations, and intelligence to track progress. This helps reduce administrative cost by minimizing claims rework and drive collaboration between payers and providers.
The shift to fee-for-value reimbursement models has shifted accountability to both providers and payers to save overall costs and ensure more accurate and timely reimbursements. Mitigating inaccurate payments is costly both for providers and payers alike, and requires additional, labor-intensive work on both ends. Recent studies indicate that it can cost as much as $25–30 to rework a single claim for providers, and $20 for payers resulting in payment write-off and abrasion.