OSP Unveils AI-Driven Custom Healthcare Software Solutions
With strict government regulations, value-based care needs, rising patient safety expectations, and demand for lower healthcare costs, the global healthcare industry is facing tremendous pressure to take the help of healthcare automation and AI-based solutions. These solutions can help to streamline healthcare processes resulting in rendering cost-effective healthcare services with enhanced efficiency.
SAN DIEGO, March 21, 2019 /PRNewswire-PRWeb/ -- OSP has recently started an advanced plan of a broad spectrum of custom software solutions that cater to the needs of healthcare providers, payers, and billing companies. They have leveraged modern-day technologies like AI, ML and deep learning to offer the best possible solution to client's specific needs.
OSP can offer best-in-class custom healthcare software development service that helps organizations to stay in control of their road-map and achieve goals in a shorter time-span with better ROI. OSP offers 360-degree custom healthcare solutions for healthcare providers, payers, and billing companies. They help health care organizations in swift decision making, improve the quality of treatment and streamline a broad spectrum of clinical operations. Their smart health automation has a proven track record with great success in the healthcare industry.
Healthcare payer solutions offered by OSP can address payers' strategic as well as operational priorities in the pursuit of healthcare transformation that creates opportunities for success. OSP has years of experience in building customized healthcare payer solutions that specifically solve their unique challenges. The clientele includes fiscal intermediaries for Medicare/Medicaid, commercial healthcare insurers, third-party administrators and Managed Service Organizations. OSP' team of healthcare IT specialists understand Health Plans and Health Administrative systems in the US and are experienced in solving complex healthcare payer challenges, including security and compliance.
Provider network information has become highly challenging to align, manage and maintain. Diverse systems, regulatory compliance developments, and complicated contractual relationships stress already extended available systems and processes. OSP is renowned for offering custom provider network management that helps in contracting, service inquiry & verification, proper documentation, and data management to manage provider networks effectively. OSP' solution offers optimal flexibility for network management, supporting a comprehensive approach or targeted need. OSP can customize advanced provider data management platform with reimbursement management portfolio while supporting payer compliance. These solutions can deliver improved speed, accuracy, and efficiency to drive value savings.
Healthcare Providers Solutions
OSP help hospitals, healthcare providers and caregivers to streamlines the patient journey by providing highly advanced custom healthcare software solutions. OSP offers next-gen custom healthcare software solutions for healthcare providers that help them achieve momentum by enabling smarter patient growth strategies. These solutions can aid in informing crucial clinical decisions with intelligence and healthcare analytics and modernizing the entire revenue cycle management process. Their expert IT teams are known for combining our expertise, data, network, and high-level analytics to offer solutions for healthcare providers. These solutions play a vital role in enhancing patient engagement and access, optimizing operational and clinical data and analytics, to better clinical workflow efficiencies and manage revenue and financial performance.
The importance of having an efficient medical billing system in place is highly essential for a healthcare provider. Their finances and reputation depend on timely and correct patient billing and claims submission. OSP understand the complexities of health insurance and can incorporate medical billing practices that are able to generate a quick return on accounts receivables. They cater medical billing companies by offering custom-made solutions such as claims management, denial management, revenue cycle management, credentialing, medical billing solutions, EDI solutions and more.
In a 2018 study in the Annals of Oncology, AI and deep learning technologies are seemed to be outperforming the determinations of 58 dermatologists. The human dermatologists have found 86% of tumors accurately from the images. AI-driven medical diagnosis solutions have used more than 100,000 images of malignant and benign tumors and detected 95% of melanomas correctly. Artificial Intelligence based medical diagnosis software solutions are aimed at training computers to interpret pathology images, with a goal of making pathologic diagnoses timely and more accurate. For better clinical decision making and offer accurate predictions, OSP can build an AI-based medical diagnosis software solution. These custom solutions can cut down diagnostic errors by more than 10%.
Approximately 30 to 40 percent of medical bills have errors. Physician practices and the billing companies that serve these bills need to be highly alert to such medical billing and coding errors. These errors lead to losses amounting to thousands of US dollars for both providers as well as patients. With the help of computer-assisted coding, the medical billing challenges can be solved. OSP' AI in medical billing solutions can enhance the process workflow, reduce errors and minimize the claim denials.
Developing medicines that are more precise and impactful requires finding innovative, targeted drug delivery to change the way disease is treated. Artificial intelligence in the pharma industry can bring that revolution. It is capable of predicting treatment results, drug design, drug data processing, drug utilization, drug target identification and more. OSP can help the pharma industry with tailored AI in pharma software solutions that can help in drug target identification, drug utilization and drug decision making effectively.
Hospitals are generating 50 petabytes of data every year. A staggering 90% of all healthcare data comes from medical imaging. It's a lot of data, and more than 97% of it goes unanalyzed or unused. AI in medical imaging can solve multiple challenged from image acquisition and processing to aided reporting, follow-up planning, data storage, data mining, and many others. AI can improve traditional medical imaging techniques by automating image analysis with better accuracy and efficiency. OSP' AI in medical imaging can extract the maximum amount of insights and value.
Images obtained by CT scanners, MRI machines, and x-rays, and biopsy samples, allow healthcare providers to see the inner workings of the human body. However, these medical images often hold large amounts of complex data that can be challenging and time-consuming for human providers to evaluate. With AI in pathology, OSP can add new dimensions in the pathology industry. Finding rare objects, detecting breast cancers and risk prediction can be made easy with AI in pathology.
AI is poised to significantly improve the value radiology professionals are able to provide their patients. Adding medical imaging data acquired from AI algorithms to our reporting and workflow can enhance patient care. Radiological imaging diagnosis plays excellent roles in clinical patient management. Deep learning with convolutional neural networks (CNN) is lately gaining full attention for its high performance in recognizing medical images. OSP' AI radiology software solution can prove a boon to the radiologists. The custom solutions can identify the abnormalities and help in better decision making.
AI, machine learning and related technologies will have a huge impact on all aspects of the insurance industry, from pricing to claims to distribution and underwriting. Advanced AI-based insurance solutions and data are already affecting distribution and underwriting. These solutions help in policies being priced, bought, and bound in near real time. Custom-made AI can solve behavior policy pricing, customer experience & coverage personalization, and faster claims settlement in insurance software solutions by OSP.
According to the recently published reports by consulting firm Frost & Sullivan the healthcare AI market is likely to experience a composite annual growth rate of 40% by 2021, and it holds the potential to change healthcare outcomes by 30-40% and cut treatment costs in almost in half. The healthcare industry needs a digital transformation to create the best care delivery models and the best patient experience. OSP can work as a digital catalyst that can bring about such a transformation to address the growing healthcare industry demands.
About OSP:
OSP is a global custom health software solutions provider that drives real business outcomes and solves complex business challenges to improve business. They help you manage and protect your data, take control of your hybrid environments, stay compliant and govern every identity across the enterprise. OSP' experience and connectivity in the healthcare industry give them invaluable insights and a rare perspective on how to solve the most pressing concerns of healthcare organizations.
SOURCE OSP
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