Next-Gen AI and NLP help drive transformation of Risk Adjustment industry
ELK RIDGE, Md.–(BUSINESS WIRE)–#riskadjustment–iQuartic (iQ), a NewWave company, is pleased to announce the launch of its leading-edge Risk Adjustment technology, the iQ SmartCoder.
The iQ SmartCoder is a Visual Review Tool that revolutionizes the code capture process for Risk Adjustment Coders by providing an intuitive and guided user-interface that easily facilitates in-app encounter splitting and dynamic demographic data identification capabilities. iQ SmartCoder has an extensive ICD/HCC lookup feature and a medication library search feature that can dramatically improve coder efficiency and accuracy. The Visual Review Tool has a robust identification system that allows Risk Adjustment Coders to have all the information needed in one place to make an informed decision at the click of a button.
“We have worked with the top Risk Adjustment industry leaders and used cutting-edge technologies to build a one-of-a-kind tool that provides actionable data knowledge, dramatically improves coding accuracy and efficiency by the use of active machine learning, and will significantly improve risk-based contract performance,” says Susheel Ladwa, CEO of iQ.
Built collaborating with Coders and Reviewers, iQ SmartCoder provides a user-friendly workspace built as a web-based application to that gives Risk Adjustment professionals unprecedented first- and second-pass medical documentation reviews using an Automated Workflow Interface, easy Record Management Prioritization, ICD-10-CM and CMS Mapping Lookup Tools, an extensive Medication Dictionary Lookup Tool, QA/Auditing Support and detailed Productivity Analytics.
“iQ is bringing together a portfolio of tools leveraging next-gen AI and NLP that will transform our healthcare Risk Adjustment capabilities,” says NewWave CEO Patrick Munis. “iQ SmartCoder is the latest example of that on-going transformation.”
iQuartic is developing leading-edge tools for today’s healthcare industry. iQ believes technologies exist to identify, extract, and organize information that is actually useful to providers and payers, information they can use to improve the lives of patients. iQuartic has developed world-class, Natural Language Processing (NLP) software, coupled with deep learning algorithms to transform the value of healthcare information.