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MediStreams Debuts AI-Powered Payment Reconciliation and Correspondence Platform at HFMA Revenue Cycle Conference

#AI--MediStreams, a leading healthcare payment and remittance automation solutions provider, introduced today at the HFMA Revenue Cycle Conference its new artificial intelligence (AI)-powered payment ...

Business Wire

Healthcare providers to experience smarter, faster payment workflows

ROSWELL, Ga.: #AI--MediStreams, a leading healthcare payment and remittance automation solutions provider, introduced today at the HFMA Revenue Cycle Conference its new artificial intelligence (AI)-powered payment reconciliation and correspondence platform. The new capabilities extend the company’s current platform to deliver more actionable intelligence than ever before.

“AI has been transforming the healthcare revenue cycle over the past few years, offering unprecedented opportunities to streamline operations, reduce administrative burdens, and enhance financial outcomes for providers,” said John Koch, Chief Operating Officer of MediStreams. “By collaborating closely with our customers, we’ve identified the most impactful use cases where AI can drive real value—automating complex processes, improving accuracy, and accelerating revenue capture. The result is a powerful framework that will allow us to rapidly deploy AI capabilities across our entire product portfolio, ensuring measurable gains in efficiency and financial performance.”

One example of the impact of the MediStreams AI-powered platform is correspondence management, an area where healthcare organizations receive a high volume of critical documents from various sources. Traditionally, processing these documents requires significant manual effort. MediStreams’ AI-driven approach streamlines this process by intelligently extracting key data points, allowing organizations to quickly identify time-sensitive items and prioritize high-value tasks.

Unlike competitive systems that simply present a list of correspondence, the MediStreams platform prioritizes documents based on urgency and revenue implications. It provides real-time insights into financial impact, enabling users to focus on the most pressing items first. Additionally, automation within the platform accelerates document routing and workflow assignment, reducing processing delays. Future enhancements will leverage AI-driven insights to recommend next-best actions, optimizing revenue cycle efficiency and decision-making.

According to Joe Maher, President and CFO, "At MediStreams, we’ve leveraged our 15 years of expertise in healthcare paper conversion and reconciliation to develop AI-driven solutions that seamlessly integrate into our clients’ existing workflows. Our focus wasn’t simply on integrating AI because it’s a growing trend in healthcare. Instead, we set out to empower our clients with more robust revenue cycle management. By combining our deep industry experience with modular, adaptable solutions, we’ve created AI capabilities that make our clients exponentially smarter and more efficient."

Experience the future of healthcare payment automation firsthand. Visit MediStreams at booth #3 at HFMA Revenue Cycle Conference or learn more at www.MediStreams.com.

About MediStreams

MediStreams provides healthcare payment and remittance automation solutions that streamline complex payment processes. With industry-leading accuracy, real-time visibility, and rapid configurability, the MediStreams Cascade™ product suite turns manual processes into automated workflows that empower organizations to post and reconcile payments faster, more efficiently, and in a scalable, cost-effective way. Learn more at www.MediStreams.com.

Fonte: Business Wire

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