Milagro Partners with Tampa General Hospital to Enhance Medical Coding through AI Technology
In a significant advancement for the healthcare industry, Milagro, a frontrunner in autonomous medical coding solutions, has announced a successful partnership with Tampa General Hospital (TGH). This collaboration has led to remarkable enhancements in TGH's surgical coding procedures and reimbursement processes. What makes this partnership noteworthy is that TGH is the first hospital to implement Milagro’s advanced, AI-powered coding platform, which is now available through the Epic Connection Hub.
This collaboration’s benefits are multifaceted and highlight the potential of AI in streamlining healthcare finance. Among the key achievements realized through the partnership, TGH has seen a staggering reduction in reimbursement denial rates, recording a more than 95% decrease in denials related to surgical coding errors. This improvement translates into millions of dollars in annual revenue capture for the hospital, marking a turning point in how healthcare institutions can efficiently manage their financial operations.
Milagro's innovative solution has automated the request process for same-day surgical code changes, enabling healthcare providers to make immediate adjustments according to clinically appropriate modifications in surgical plans. This flexibility not only enhances operational efficiency but also mitigates the financial impact caused by