bill718
Diamond Member
- Jun 26, 2016
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Tune in financial channels such as CNBC or Bloomberg, and you'll notice we're in the middle of the artificial intelligence honeymoon period. AI seems to be the know all - be all - do all solution for everything from financial planning to frying your eggs at breakfast time. Please don't believe the hype!
I own a medical billing company and 2 of my former clients have just resigned with me after their newly acquired (whiz bang) A.I. systems just made a complete mess of their bookkeeping ledgers and insurance billing systems. Payments were not posted properly (and sometimes not at all) unpaid claims were not followed up on, and their credentialing with insurance companies were not completed on time, causing them to be dropped from submitting payable claims altogether. Good news for me! I'm racking up lots of billable hours fixing this mess but not do good for the doctors.
I'm sure (in time) A.I. will become a dependable and vital part of the way we do business, but right now Artificial Intelligence is not as "Intelligent" as the financial guru's claim.
I own a medical billing company and 2 of my former clients have just resigned with me after their newly acquired (whiz bang) A.I. systems just made a complete mess of their bookkeeping ledgers and insurance billing systems. Payments were not posted properly (and sometimes not at all) unpaid claims were not followed up on, and their credentialing with insurance companies were not completed on time, causing them to be dropped from submitting payable claims altogether. Good news for me! I'm racking up lots of billable hours fixing this mess but not do good for the doctors.
I'm sure (in time) A.I. will become a dependable and vital part of the way we do business, but right now Artificial Intelligence is not as "Intelligent" as the financial guru's claim.
