AKASA survey
Matt Morgan
CFO at Montage Health
A revenue cycle that is faster, smarter, and better
AKASA is leveraging our deep RCM expertise and the best technology available to improve the revenue cycle. We’re using GenAI, trained on clinical and financial data, to power our platform and solutions. The results? Faster speed-to-value, decreased cost-to-collect, empowered teams, and greater patient satisfaction.
AKASA is the preeminent provider of generative AI solutions for the healthcare revenue cycle
Authorization
Solve the greatest pain points in prior auth with a GenAI assistant for your patient access team.
Medical Coding
Achieve unprecedented coding comprehensiveness and accuracy with GenAI coding recommendations.
Claim Status
Obtain up-to-date status information for claims automatically, alleviating the burden on your staff.
Claim Attachment
Simplify solicited documentation submission to payers with automation powered by GenAI.
GenAI for RCM
ChatGPT is everywhere. Have you ever thought about how you could use it for the revenue cycle? At AKASA, we have.
We’ve improved the generative AI that powers ChatGPT by optimizing it for healthcare and putting it directly into staff workflows. Our AI knows revenue cycle, grasps the nuances of your health system, understands clinical context, and helps you do more.
70%
of healthcare organizations are actively considering the use of GenAI (with 60% eyeing it for rev cycle)
~40% better than GPT-4
The AKASA Platform dramatically outperforms popular generative AI models in understanding patient records, making better revenue cycle suggestions, and thus improving staff efficiency. Why? Instead of using a generic model (like OpenAI's), we’re training it on health systems' clinical and financial data.
13%
decrease in A/R days
300+
hours of staff time saved per month
Unlike other companies we considered, AKASA takes a holistic view. They plan for not only how to automate the revenue cycle, but how to continue to optimize it into the future. We knew we could grow with them.
$30M
gross yield increase
86%
efficiency improvement
We have been impressed with the AKASA team’s expertise in revenue cycle operations. We continue to see an improvement in our major metric, which is cost-to-collect. We are just getting more pennies on the dollar.
Jeff Francis
Vice President and CFO at Methodist Health System
4 months
to build and deploy
AKASA stands out so much from other solutions that I’ve seen. We’re trying to get AKASA pushed further into our organization because they do so much more in terms of automation. We’ve had a really great experience and anyone that sees what this technology can do for us has been very impressed.
