OCR in Healthcare- Paperless Productivity

Healthcare organizations and large government organizations need help to maintain patient health records, consent forms, and insurance paperwork and ensure the security and confidentiality of patient information. Storing and compiling the information is also a big deal for healthcare organizations. Therefore they require a robust system designed to manage patient data and apply relevant and efficient techniques in today’s digital-first world. 

What is OCR?

Optical Character Recognition (OCR) stores printed documents and physical files as electronic text-searchable PDF files. Scanned files can be accessed at any time using relevant keywords. It is an excellent method that quickly improves industries’ performance and data retrieval. OCR is a widely used method for data entry for business documents and converting handwriting in real-time to pen computing. It allows companies to automatically back up call recordings and analyze them with the help of speech processing. 

Common issues faced by healthcare industries

• Paperwork and maintaining manual records take a lot of work to keep. Many patients have claimed that their physical documents were misplaced multiple times. Displacement of medical records creates a delay in patient treatment and processing of claims. 
• Healthcare industries receive tons of scanned documents regularly. Medical staff must go through the entire composition to find the required information. This process is tedious and prone to errors. 
• Patients have high expectations of standards and compliance from the healthcare industry. Thus they expect healthcare industries to have increased efficiency by fastening their labor-intensive tasks to solve their problems quickly. 

How does OCR ease the workload of healthcare companies?

Using OCR in healthcare companies combines the electronic data obtained from existing patient reports and other appointments. OCR technology allows them to accept a rapid return on investment for the cost of the system. Healthcare companies can save their expenses and speed up the healthcare claims process. OCR also benefits patients as they can obtain correct billing according to their diagnosis. Thus, healthcare companies can cut the administrative expenses involved in administering healthcare claims. 

Benefits of OCR in Healthcare Industry

• Using OCR in healthcare and medical professionals can increase productivity, reduce paperwork, and render better care. The software can be accessed online through a web browser and integrated with other systems. Integrating patient data helps coordinate appointments with billing information and reports to speed up the process.
• OCR technology allows appropriate management of patient data. It offers a systematic way to compile, format, transmit and store reports. The OCR software helps capture physical documents digitally for easy handling, transmission, and storage. Thus medical professionals can convert physical copies to electronic formats easily. 
• As the data is electronically linked, OCR in healthcare helps in reducing the risk of medication errors. Interlinking and correlating information electronically helps medical professionals manage patients’ proper diagnosis and medication dosage.
• OCR helps in increasing compliance of medical institutions with government regulations. This technology is also suitable for remote medical professionals as they can send data online required for healthcare claim processing. 
• OCR in healthcare eliminates manual labor in the form of non-cognitive tasks. Thus, medical professionals can invest their efforts into other higher-output tasks. It also provides a complete setup to store information with total security. Thus OCR facilitates easy management as the time required for processing one form is considerably reduced. 
• The slow processing of documents leads to a loss of efficiency and increased expenditure. 
• The medical claims system improves client experience through less data entry. OCR allows healthcare companies to extract additional points from claim documentation, enabling advanced processing. OCR is undoubtedly a scalable system built to expand as you develop.

How does AI claim to process?

With the increasing scope of AI with its impact on the healthcare industry, many healthcare companies are increasingly incorporating AI into their processes. This method is far more affordable than manual methods, where human labor and effort are wasted processing a single claim. AI always keeps going and never makes errors at reasonable expenses. AI is equipped to deal with complexity and develops sophisticated triage systems to automate straightforward claims. AI plays an integral role in eliminating fraud by automatically verifying claims. As many organizations are reaping the benefits of AI in the present, it is even more interesting to witness even more AI claims processed in the future. 

How can Beyond Key help you with medical claims?

Beyond Key understands that healthcare companies have unique problems that require quick and reliable solutions. We deliver powerful OCR imaging and scanning software solutions to industries so that they can integrate them into existing processes and add value to the customers. Beyond Key is one of the leading providers of OCR and document imaging globally. Our OCR solutions assist healthcare companies in document capturing, image processing, classification, extraction, and export. Thus we help the healthcare sector to automate medical claims and fasten the medical documents process.