After a two-year research and development phase, the Brinn Group in partnership with MedAgentix is officially launching an innovative AI platform to assist hospitals, and clinics in assuring accuracy and timely submissions in their medical claims. According to the American Hospital Association, hospitals spend more than $20 billion dollars on payor denials. “Delayed payments and denials result in a significant loss of revenue and increased costs to our hospitals, says Fernando Brinn, President of Brinn Consulting Group.

The partnership with MedAgentix, a next generation financial technology firm aims to improve medical claims processing by harnessing the power of artificial intelligence to reduce coding errors and payer denials. Brinn believes hospitals and clinics can expect a smoother cash flow thus removing the peaks and valleys associated with denials and late payments. “This next generation financial technology is at the forefront of using data to augment business management, especially in a very uncertain payment landscape for hospitals and clinics,” says MedAgentix CEO, Dr. Craig Lambrecht.

Artificial intelligence is playing an increasingly pivotal role in healthcare business analytics. Launching this unique proprietary platform will give providers confidence and deep insights into claim denials as well as internal and external management of payments. Layered within this platform are large learning models and data lakes which can extract meaningful patterns and turn them into active learning systems with real-time insights.

Brinn Group

Located in the Bronx, The Brinn Group is a strategic consulting firm with decades of experience in providing comprehensive strategic business solutions, public relations and marketing services to a broad span of clients. Non-profit healthcare, social service, housing development organizations, industry coalition, elected officials, and developers in the New York and Tri-State area are key clients.

MedAgentix

MedAgentix is a Financial Technology Firm with next generation artificial intelligence products. They focus on transforming the medical billing processes inside hospitals and clinics. By taking on administrative/operational tasks and using large learning models, they help hospitals enhance their operational agility in their revenue cycle.