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Merging insurers with AI: Could independent practices benefit?

October 3, 2019

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If you combine these two articles, one would think independent practices should get better allowables. Read these articles for some more food for thought:

The big 8 insurers made $16.6B in the first half of 2018. Here’s how they stack up

The first half of 2018 is in the books for insurers, and the field looks substantially different from last year. Most notably, Aetna’s net income jumped over 100%, Humana took a large hit from last year’s earnings and Molina made a small but notable comeback after last year’s dismal showing.

Read the entire article: FierceHealthcare

AI could save insurers billions in administrative costs

Health insurers in the US could save $7 billion in 18 months by using artificial intelligence to automate some administrative functions, according to an Accenture study. Accenture’s Richard Birhanzel said AI would augment and not replace human work.

Read more: Healthcare Dive

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