Windham Brannon and Digitize.AI Form Partnership

Windham Brannon (FY16 net revenue of $24.6 million) of Atlanta and Digitize.AI, an independent artificial intelligence (AI) company, announced a strategy technology partnership that will allow the firm to offer AI and intelligent automation to its health care consulting clients to further improve their revenue cycle management.

The partnership incorporates new tools to help health care clients more effectively address revenue cycle inefficiencies. Even as revenue cycle management becomes increasingly more complicated, there are a number of repetitive and predictable processes involved that make it an area perfect for the efficiencies that AI and intelligent automation offer.

“The ability to apply artificial intelligence to the revenue cycle gives us yet another tool to identify inefficiencies, then allows our advisors to work with hospitals to redesign their processes and re-allocate internal resources to maximize their net revenues going forward,” says Valerie Barckhoff, principal and health care practice lead at Windham Brannon. “We see a huge opportunity to gain 25% to 50% efficiencies for clients. Our partnership with Digitize.AI, a technology pioneer in the healthcare finance space, allows us to immediately change the way hospitals conduct business.”

Lia™, Digitize.AI’s patent-pending and AI assistant for health care finance leaders, works with existing software, workflows and teams to automate, accelerate and prioritize pre-certification tasks to maximize insurance authorizations and secure revenue for health care providers. Trained in machine learning by leading data scientists and engineered by health care operations veterans to solve pre-certification challenges, Lia delivers a number of benefits for hospitals including:

  • Grows revenue and decreases financial leakage;
  • Reduces operating costs and administrative activities;
  • Ensures finance teams are more engaged and productive;
  • Improves the patient financial experience; and
  • Helps prevent physician burn-out related to payer gamesmanship.

“Successful revenue cycle management boils down to effectively using people, processes and technology,” says Justin Adams, CEO at Digitize.AI. “Partnering with Windham Brannon’s health care experts allows us to augment the people and process pieces that they offer with innovative, easy-to-implement technology that delivers immediate return on investment. Artificial Intelligence is no longer the ‘tech of the future.’ Health care providers are using AI to cut costs, increase productivity and grow revenue in their operations.”