AI-Generated Medical Coding Adds Nearly $1 Billion to Blue Cross Costs

Artificial intelligence (AI) tools used by healthcare providers to identify patients’ secondary medical conditions contributed nearly $1 billion in additional costs for Blue Cross Blue Shield insurers over two years, according to a study released Thursday by the Blue Cross Blue Shield Association. The findings, reported by Reuters on Thursday (Sept. 24), point to a growing financial consideration for insurers as healthcare providers adopt AI systems that can scan patient records and automaticall