Cofactor AI Nabs $4M to Combat Hospital Claim Denials with AI
3 days ago 5
What You Should Know:– Hospitals across the country are facing an ever-increasing onslaught of claims denials from insurance companies, with denials up 20.2% in 2023, according to the American Hospital Association. These denials – triggered by AI and often error-prone – cost hospitals $20 billion a year in administrative bloat and reduce patients’ access to [...]
