Charlotte, NC, March 15, 2019 --(PR.com
)-- Digitize.AI’s leadership team is challenging healthcare finance leaders to “think narrow” on Artificial Intelligence in the run-up to the company’s sponsorship of the 2019 HFMA Revenue Cycle Conference (3/20-3/22). The conference theme is "The Next Gen Revenue Cycle: Balancing Artificial Intelligence, Automation, and Digital Trends with Human Skill."
Digitize.AI is best known among healthcare CFOs and revenue cycle leaders for creating LiaTM, the system of intelligence for faster and smarter prior authorizations that cuts costs, reduces denials, and shows 400% ROI. And Digitize.AI’s leaders believe that their team’s narrow, pragmatic, and dedicated focus on this one area of the revenue cycle is what has allowed the company to create measurable value for customers through A.I.
Digitize.AI Co-Founder, Pat Morrell:
“We see bot vendors and automation platforms trying to boil the ocean and ‘automate the whole revenue cycle.’ But A.I. thrives on focused problems and metrics, and the revenue cycle is just too broad and complex to tackle with one broad peanut butter spread platform. By focusing just on prior auth, we’ve honed machine learning models and built the needed EHR and payer integrations to make real, near-term improvements for our customers in this multi-billion dollar problem area. And with the insights and credibility we’ve built around prior auth, we have the confidence and know-how to build solutions for other areas in the revenue cycle—more to come on that later this year.”
Digitize.AI CEO, Justin Adams, cautions:
“The instinct with new technology is to find a platform, spread it across all your problems, and hope for the ROI. With A.I. that’s a losing proposition. Setting a focused solution on a narrow use case is the best way to solve a problem. And by taking the narrow approach first, you’ll learn how to then go out and solve ten other problems with A.I. next. It may feel counterintuitive, but the best way for healthcare CFOs and rev cycle leaders to find near-term and scalable solutions is to, first, ‘think narrow’.”
Digitize.AI’s co-founders view their sponsorship of the 2019 HFMA Revenue Cycle Conference as an opportunity to share insights with CFOs and revenue cycle leaders who are looking for focused A.I. solutions, like Lia. CEO Justin Adams will represent Digitize.AI at the conference to meet with customers and partners.
About Digitize.AI: Our mission is to use A.I. to help healthcare teams work at the highest and best use of their skills. Our core value statement is to grow trust, transparency, and courage in our communities. Lia™ and Mia™ are patent-pending A.I.-enabled Systems of Intelligence for prior authorizations and utilization management. With Lia supporting healthcare provider CFOs and VPs of Revenue Cycle Management and Mia supporting health plan executives, Digitize.AI has created pragmatic A.I. solutions that cut administrative costs and improve the patient/member experience. Learn more at www.digitize.ai.
Company leadership: Justin Adams, Co-Founder and Chief Executive Officer; Pat Morrell, Co-Founder and Vice President of Sales; Mark Henry, Co-Founder and Lead Engineer
Board of Advisors: The Digitize.AI board of advisors includes: Bob Hull, Chairman of the Board of Directors at SPX FLOW and a member of Deloitte’s Finance Executive Advisory Group; Mark Linsz, former Corporate Treasurer at Bank of America and current board member at CNL Strategic Capital (Levine Leichtman) and CNL CCT2 (KKR); Dr. Tammara Combs, CEO of Serendipity Interactive; Robert Brinkley, Partner at Womble Bond Dickinson; Mike Lee, President of Independence Consulting; Tim Sittema, Managing Partner of Crosland Southeast; Mike Seferyn, Chief Information Officer for the Family Dollar division of Dollar Tree; Keith Anthony, Managing Partner of Independence Consulting; and Jay Plueger, SVP of Strategic Initiatives and Corporate Development at AvidXchange, Inc.