3 Tips from Someone With Experience
How AI and Blockchain are Transforming Healthcare with Terence Mills and Veuu
Every day, healthcare, which is one of the most crucial and complicated sectors in the world, affects millions of people. However, it also faces many challenges, such as rising costs, inefficiencies, fraud, data breaches, and quality issues. To address these problems, innovative solutions are needed that can leverage the power of artificial intelligence (AI) and blockchain technology.
0 Picture Gallery: 3 Tips from Someone With Experience
A leader in this field is Terence Mills, the CEO of AI.io, a data science and engineering company that dreams, creates, and provides AI solutions in healthcare, travel, and entertainment. Terence is also a recognized and prestigious member of the Forbes Technology Council and a monthly Forbes.com contributor on the topic of AI. He has been named as one of the top 50 AI influencers on Twitter in 2018 and 2019.
Terence is passionate about building big businesses, boosting efficiency, and strengthening decision-making. He is also a promoter of a new kind of AI that is understandable, responsible, unbiased, and harmless. His goal is to help executives and industry leaders create truly efficient businesses by putting information into the hands of employees so that they can take action and improve outcomes.
One of the ways Terence is achieving his vision is through Veuu, a fintech company that offers a unique solution for healthcare payments. Veuu is the sole and first AI solution that removes A/R days and denials, allowing healthcare providers to receive payments instantly at the point of service. Veuu employs blockchain technology to establish a secure and transparent record of transactions, ensuring accountability and trust.
Adjudication is the process of resolving disputes or claims by applying legal rules and principles. AI can be used to aid adjudicators in evaluating evidence, creating outcomes, and ensuring fairness and transparency.
Veuu consists of four modular products: payVeuu, codeVeuu, riskVeuu, and inVeuu.
PayVeuu is a virtual payment platform that enables providers to get payments from payers instantly, without delays, fees, or intermediaries. PayVeuu employs blockchain technology to establish a secure and transparent record of transactions, ensuring accountability and trust.
CodeVeuu is an AI-powered coding engine that automates the process of medical coding and billing, reducing errors, rejections, and audits. CodeVeuu uses natural language processing and machine learning to evaluate clinical documentation and create accurate and compliant codes for reimbursement.
RiskVeuu is an AI-driven risk management tool that aids providers and payers in identifying and preventing fraud, waste, and abuse. RiskVeuu uses advanced analytics and anomaly detection to signal suspicious claims, patterns, and behaviors, and provide actionable insights for mitigation.
InVeuu is an AI-enabled interoperability platform that allows the secure and seamless exchange of health data among providers, payers, and patients. InVeuu uses blockchain technology to create a decentralized and encrypted network of data, ensuring privacy, accessibility, and integrity.
Veuu is transforming the healthcare industry by eliminating fraud, de-risking claims, improving quality of care, and enhancing patient satisfaction, by combining AI and blockchain. Veuu is also enabling a more efficient and effective healthcare system, by creating new opportunities for innovation and collaboration among stakeholders. This product has more details that you can check out here.
This post topic: Technology
