Hospitals using artificial intelligence tools to submit insurance claims added $942 million in extra healthcare spending over a two-year period. The Blue Cross Blue Shield Association revealed this finding through a recent analysis.
The analysis identified a sharp increase in patients documented as having complex conditions. The organization stated there is a clear disconnect between medical coding and treatment. Investigators found no evidence of a corresponding change in actual care delivered.
The New York Times highlighted the analysis as the latest sign that artificial intelligence contributes to rising healthcare costs. Disagreements between hospitals and insurers regarding treatments and payments are common. However, the application of artificial intelligence by both sides appears to worsen the situation.
Read nextGoogle DeepMind Researcher Resigns Over Accelerated Artificial Intelligence RisksDr. Shiv Rao founded the artificial intelligence startup Abridge. He acknowledged that technology could create a horrible dystopic future nobody wants to live in. He described a scenario featuring bots fighting bots and agents fighting agents. At the same time, Rao suggested the technology might also reduce tensions and cut costs.
Luke Chalker serves as the senior vice president at the Blue Cross Blue Shield Association. He resisted characterizing the situation as a regular battle. Instead, he claimed the dynamic is a completely one-sided blood bath with insurers on the losing side.
