Latest / Becker’s Healthcare Digital Health + Health IT / Optum launches AI-powered RCM platform for hospitals, FDA names inaugural chief AI officer + more

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Optum launches AI-powered RCM platform for hospitals, FDA names inaugural chief AI officer + more · Becker’s Healthcare Digital Health + Health IT

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  This is Naomi Diaz with the Becker's Digital
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  Health podcast. Here's your daily industry news briefing
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  for today, May 7.
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  First, the FDA has appointed Jeremy Walsh as
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  its first chief artificial intelligence
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  officer.
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  Mister Walsh, who announced the career move in
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  a May 2 LinkedIn post, will also oversee
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  information technology in the role.
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  He joins the FDA after fourteen years at
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  government contractor Booz Allen Hamilton as chief technologist,
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  according to a May 6 report from Politico.
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  In that role, mister Walsh developed cloud infrastructure
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  and data analytics systems for agencies like the
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  FDA,
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  CDC,
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  NIH,
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  Department of Veterans Affairs, and Military Health Services.
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  The appointment follows an April 3 directive from
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  the Office of Management and Budget that stated
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  each federal agency must appoint a chief AI
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  officer within sixty days.
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  Second,
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  Pittsburgh based UPMC
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  Enterprises, the venture capital arm of UPMC,
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  led an 18,250,000
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  series b one financing round for Carta Healthcare,
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  a provider of AI powered clinical data abstraction.
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  Other participants in the round include MemorialCare Innovation
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  Fund, Rex Health Ventures, the investment fund of
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  Chapel Hill, North Carolina based UNC Health, and
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  Tampa, Florida General Hospital Ventures, according to a
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  May 7 news release.
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  The new funding will support Carta Healthcare's continued
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  customer expansion, according to the company.
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  Carta Healthcare was founded in 2017.
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  Third,
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  Optum has launched a new AI powered revenue
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  cycle platform aimed at reducing administrative burden for
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  health systems through better clinical documentation
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  and coding accuracy.
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  Optum Integrity One consolidates several RCM functions
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  single interface,
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  allowing hospital
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  employees to remove manual processes across multiple
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  platforms, according to a May 7 news release.
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  The platform uses AI to automate revenue cycle
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  tasks from point of care through final coding,
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  such as removing clinical documentation,
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  assigning codes, and capturing services for billing.
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  This will enable more accurate documentation and billing,
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  allow providers to receive proper reimbursement,
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  help patients avoid surprise charges, and enable more
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  efficient claims processing.
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  Fully autonomous and partially autonomous coding is available
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  and allow humans to oversee complex and specialized
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  cases.
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  Opto partners with health systems nationwide to manage
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  administrative services such as RCM and information technology.
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  The UnitedHealth Company set a recent pilot program
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  for the new RCM platform with the health
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  system showed a coding productivity increase of over
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  20%.
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  If you would like the latest health IT
• 2:49
  and digital health industry news delivered to your
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  inbox every morning, subscribe to the Becker CIO
• 2:54
  and health IT review e newsletter through our
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  website at ww.beccarshospitalreview.com.