Healthcare organizations in the U.S. face several connected problems:
Recent studies show that clinicians spend about half their time on administrative work. This costs the healthcare industry nearly $13 billion every year. Medical practice administrators want trustworthy ways to improve workflows and lower these burdens without hurting care quality.
AI-powered automation platforms use tools like machine learning, natural language processing (NLP), and clinical decision support systems to fix key operational problems. These tools automate routine work, improve handling of data, and manage resources better.
AI handles repetitive administrative work like:
For example, Smarter Technologies, formed from SmarterDx, Thoughtful.ai, and Access Healthcare, uses AI to automate health system workflows. Their platform supports over 500,000 healthcare providers and handles transactions worth more than $200 billion a year. They use AI systems combined with human checks to keep things accurate and adaptable while reducing workload.
At the same time, companies like Qventus offer AI Operational Assistants that do administrative tasks for clinicians and support staff. These assistants help with scheduling, surgery coordination, and discharge planning. Hospitals such as HonorHealth and OhioHealth have saved many hospital days and millions of dollars using Qventus AI. OhioHealth saved nearly 1,400 extra hospital days in one month. HonorHealth saved over 50,000 days across three years, totaling $62 million.
By automating time-consuming tasks, these platforms let healthcare workers focus more on patients than paperwork.
Revenue cycle management is important for hospital leaders who want better cash flow and fewer rejected claims. More hospitals use AI to automate billing, coding, check insurance claims, and improve payment collection.
About 46% of U.S. hospitals use AI in revenue cycle management, and 74% use some kind of automation like robotic process automation (RPA).
AI helps in revenue cycle management by:
Auburn Community Hospital in New York cut discharged-not-final-billed cases by half and increased coder productivity by 40% after almost ten years using AI-powered RPA and machine learning in revenue cycle tasks. Similarly, a community health network in Fresno, California, lowered prior authorization denials by 22% and non-covered service denials by 18%.
These changes reduce costs and increase revenue. That is very important for hospitals facing financial challenges, especially with value-based care models.
Hospitals and clinics often use multiple systems like Electronic Health Records (EHRs), scheduling tools, financial software, and patient portals. How well AI platforms connect with these systems affects how useful they are.
Good platforms focus on:
For example, Qventus adds its AI assistants inside hospital EHRs. These assistants watch real-time data to spot problems like cancelled surgeries or staff shortages. They suggest steps that are done automatically or checked by people.
Smarter Technologies uses AI combined with expert input to automate workflows while keeping revenue accuracy and care standards.
Burnout is a big problem for healthcare workers. Much of it comes from too much paperwork.
AI platforms reduce this by:
This lets doctors and staff spend more time with patients and on medical decisions instead of forms. Data from Qventus shows their AI assistants can boost care operation productivity by up to 50%. This helps reduce burnout and improve work efficiency.
Major health systems like HonorHealth report that AI frees staff from constant routine interruptions. This lets them focus more on clinical work and patient care.
AI automates healthcare workflows by linking separate tasks and improving flow between departments.
Key features of AI workflow automation include:
These automations do not replace staff. Instead, they help workers do their jobs better and faster.
Automation platforms improve finances in several ways:
Hospitals using Smarter Technologies’ AI平台 manage more than $200 billion in healthcare revenue yearly. Their AI tools support revenue cycle, documentation, and workflows to help providers handle financial pressures in U.S. healthcare.
Healthcare organizations face challenges when bringing in AI, such as:
Healthcare leaders know that success with AI depends not just on technology but also on good planning, ongoing training, and working together across teams.
AI use in U.S. healthcare administration is expected to grow quickly. The market may grow from $11 billion in 2021 to nearly $187 billion by 2030. New AI types like generative AI and better predictive analytics will improve revenue cycle work, clinical documentation, and patient flow.
Hospitals and groups that invest in AI today may see better efficiency, less paperwork, and stronger finances. These advantages will help them succeed in new value-based care systems and meet rising patient demands.
Medical practice administrators, healthcare owners, and IT managers in the U.S. should think about how AI automation can reduce time spent on paperwork and improve revenue. Using these technologies can lead to important benefits for patient care, staff satisfaction, and financial health in a changing healthcare world.
Smarter Technologies is an AI-powered automation and insights platform for healthcare efficiency. It was formed through the strategic combination of three portfolio companies: SmarterDx, Thoughtful.ai, and Access Healthcare, aiming to enhance healthcare revenue management and administrative workflows.
Jeremy Delinsky, an Executive Advisor to New Mountain and an experienced healthcare and technology executive, serves as the CEO of Smarter Technologies, overseeing the integration and growth of the combined entity.
The primary goal is to automate and optimize health system workflows to improve operational efficiency, reduce administrative inefficiency, and enhance patient experiences through AI-powered automation and insights.
Smarter Technologies serves over 200 clients, including more than 60 hospital systems and over 500,000 providers, processing 400 million transactions and managing over $200 billion in combined revenue annually.
SmarterDx focuses on clinical AI for revenue integrity and care quality; Thoughtful.ai provides AI-powered business and revenue cycle automation; Access Healthcare delivers technology-enabled revenue cycle management services for large U.S.-based healthcare organizations.
By automating administrative and financial workflows with proprietary clinical AI agents and human-in-the-loop AI, Smarter Technologies reduces operational inefficiencies, freeing healthcare staff from repetitive tasks and allowing providers to focus more on patient care, thereby lowering turnover rates.
By improving productivity, accuracy, and scalability in revenue cycle operations, healthcare organizations can better manage their financial performance, optimizing revenue streams and reducing costly administrative errors.
It offers a comprehensive, modular AI platform integrating clinical data, agentic AI, machine learning, and large-scale automation, addressing complex healthcare administrative and revenue management needs like no other currently.
New Mountain Capital aims to scale Smarter Technologies as the next-generation automation leader, combining AI with clinical and financial expertise to transform healthcare administration and revenue management at scale.
Human-in-the-loop AI agents blend automated AI capabilities with human oversight, ensuring higher accuracy and adaptability in complex healthcare workflows, which drives better operational outcomes and reduces provider burnout and turnover.