Maverick Medical AI, a pioneer in Real-Time Autonomous Medical Coding, is pleased to announce the launch of its latest product, Maverick CodePilot™. This groundbreaking solution represents a significant advancement in the management of the mid-revenue cycle, integrating real-time medical coding intelligence and regulatory compliance allowing real time textual suggestions to physicians eliminating the need for addendum creation, maximizing revenue and improving quality of documentation.
Revolutionizing Medical Coding at the Point of Care
Traditional medical coding is typically performed long after a physician has completed their report, which often leads to delays, missing billing information, and the need for time-consuming addendum creation. Maverick’s Physician CodePilot addresses these issues head-on by integrating the coding process into the physician’s workflow in real-time. This revolutionary approach allows physicians to receive immediate feedback on missing billing information, enabling them to update their reports prior to sending to be coded. Maverick’s CodePilot real time service will suggest relevant text that is missing to be embedded within the physician report to reduce editing time. The result is a streamlined workflow that eliminates the need for labor-intensive addenda, reduces administrative workload, and reduce revenue loss.
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Real-Time MIPS and MACRA Compliance Notifications
Maverick’s CodePilot provides real-time alerts for missing MIPS (Merit-based Incentive Payment System) and MACRA (Medicare Access and CHIP Reauthorization Act) data, ensuring healthcare organizations stay compliant and avoid costly penalties or missed incentives. By notifying physicians of incomplete data as it happens, Maverick’s platform helps maximize revenue capture while maintaining regulatory compliance.
Reducing Lead Times and Preventing Revenue Loss
Maverick’s CodePilot solves the issue of long lead times between coders and physicians, which can delay reimbursement by 20-30 days and cause revenue loss due to communication breakdowns. By providing real-time functionality at the point of care, it reduces delays and streamlines coding processes, resulting in improved workflows and financial performance for healthcare organizations.
“Our customers are enjoying the highest automation rates in the industry, and we are proud to achieve over 85% Direct-to-Bill rates upon go-live,” said Yossi Shahak, CEO of Maverick Medical AI. “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.”
SOURCE: Businesswire