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Swisscoding Technologies is an independent entity dedicated to revolutionising healthcare administration thanks to our our state-of-the-art AI prediction engine. Specialising in the critical areas of medical coding and documentation, we enhance operational efficiency and precision in medical billing. With the help of the latest cutting-edge technology, we not only assist and automate critical aspects of the coding process, but also create a significant reduction in operational overhead.
Medical coding serves as an essential component in the invoicing process across the healthcare ecosystem, directly influencing revenue.
Predominantly, medical coders, who are often former healthcare professionals, undertake extensive training to master over 20,000 codes used in billing. They then meticulously review all pertinent medical documents to accurately assign 6 to 8-digit codes into sophisticated billing software. This task is not only labor-intensive but also expensive due to its complexity and the scarcity of qualified personnel. Even slight deviations from standard coding practices can lead to significant financial discrepancies.
A minor coding error – around 1% inaccuracy – in the typical annual invoicing volume of a single coder of about CHF 30,000,000 could result in a revenue loss equivalent to the cost of employing three full-time nurses.
In Switzerland alone, approximately 400 highly skilled individuals are relegated to administrative roles, translating their clinical expertise into coding that, while vital for hospital operations, does not directly enhance patient care.
Swisscoding Technologies revolutionises the medical coding landscape by replacing traditional, manual coding methods with state-of-the-art technology to automate intricate coding tasks, ensuring rapid and accurate code assignment.
Our AI prediction engine utilises vast historical data and advanced algorithms to anticipate and generate necessary disease and procedure codes. This capability streamlines the billing cycle, enhancing the speed and accuracy of invoice generation, directly impacting healthcare providers revenue.
Optimises the financial performance by improving revenue cycle management.
Customises solutions to align with institutional requirements, elevating operational effectiveness.
Directly impacts and improves Case Mix Index metrics through accurate coding.
Surpasses expectations with high-standard outcomes, contributing to sustainable healthcare advancements.
Utilises advanced AI tools and expert insights to redefine healthcare service standards, setting new benchmarks in care quality and efficiency.
Transform Your Healthcare Solutions
Phone number
+41 21 513 68 00
Email address
info@swisscoding.com
