How does autonomous coding improve revenue cycle?
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A survey revealed that healthcare organizations anticipate that autonomous coding will accelerate the revenue cycle process and enhance coding accuracy. Although autonomous coding has the potential to streamline revenue cycle processes and alleviate administrative burdens, a majority of healthcare finance leaders surveyed either lack familiarity with it or harbor reservations about fully trusting this automated tool. A survey conducted by Revenue cycle management company in collaboration with the Healthcare Financial Management Association (HFMA) involved over 450 healthcare finance professionals, seeking to gauge their understanding and anticipated outcomes related to autonomous coding. Only 47.9 percent of healthcare organizations reported familiarity with automated claims coding, and among them, 18.6 percent had limited knowledge of its specifics. A majority of respondents, 52 percent, were unaware of autonomous coding altogether. The coding process stands out as the most labor-