Computer assisted coding software aims to resolve this issue by analyzing the medical record or document for specific keywords. The keywords are analyzed by comparing the document data with available database. Thus, computer assisted coding software provides appropriate keyword to the administrative person or coder who can use it for billing purpose.
Computer assisted coding software uses structured input or natural language processing (NLP) technology for document processing. This helps to increase productivity and reducing process time of the administrative person or coder.
Computer assisted coding software also helps in reducing errors and improving efficiency of healthcare facility. It can be used by billing personnel, compliance officers and auditors to verify document in healthcare industry.
Today, computer assisted coding software is available in cloud-based and on-premise types depending upon the hospital requirement.
The Global Computer Assisted Coding Software Market is driven by globalization, the presence of virtual organizations, time-proportional economy, and improved customer awareness. Some of the other factors boosting the market for logistics outsourcing include better infrastructural support and strategic concerns to gain enhanced flexibility.
The report not only discusses growth drivers but also the growth impeders. The impact analysis of both driving and restraining factors is also done and presented in the study.
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Key Operating Players:
Optum, Inc., McKesson Corporation, Nuance Communications Inc., Cerner Corporation, Precyse Solutions, LLC, Trucode, Craneware Plc., Epic Systems Corporation, M-Scribe Technologies, LLC, ezDI, Inc, Coding Strategies, Inc., Alpha II, LLC, ID GmbH & Co., iMedx, ZyDoc, HRS Coding Elevated
The major challenge for computer assisted coding software is its high initial cost and the problem of adaptation by the hospital management. Hospitals consider it as an unnecessary investment and focus on improving other facilities.
Computer assisted coding software also have problem in processing handwritten notes for coding processes. This limits use of computer assisted coding software in traditional healthcare facilities were information technology is not yet implemented.
The report gives an overview of the impact of the key drivers, restraints, and popular trends in the market on market’s development. These factors are examined on both, regional as well as a global scenario, for varying levels of depth of market study.
The regulatory scenario of the market, with the help of details of key rules, regulations, plans, and policies in the market, is also examined, presenting an overview of the factors that affect a variety of key business decisions.
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Table Of Content:
Chapter 1 Computer Assisted Coding Software Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
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