Natural Language Computer Assisted Coding and SOA Healthcare Application Markets at $150 million in 2010 are anticipated to reach $2.6 billion by 2016. This growth comes as the electronic patient record is adopted worldwide and as automated process works in combination with sophisticated medical testing and imaging to provide superior, and less expensive healthcare delivery.
Deerfield Beach, FL -- (SBWIRE) -- 05/27/2016 -- Natural Language Computer Assisted Coding and SOA Healthcare Application Market Strategies, Shares and Forecasts, Worldwide, 2010-2016. Computer assisted coding markets come together to make information technology delivery a system that supports the efficient and affordable patient treatment environment. CodeRyte is a vendor with advanced systems evolution. Other vendors are achieving ICD-10 capability.
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Computer assisted Coding represents a utility using SOA to manage web services and transport code modules from one application to another, from one facility to another. IBM is the market leader in SOA application middleware with 75% market share.
Coders identify diagnoses and related procedures. These events must have codes assigned to them for use in billing and performance measurement programs. Coders use one system to research medical codes and another to create encoded documents. Inefficiencies in medical coding add $8 billion in administrative costs to the health care system, result in billing and payment errors and slow payments to health care providers.
Computer assisted coding markets are merging with electronic patient record systems. The ability to code medical records depends on the ability to read the chart automatically, creating a need for the coding systems to be part of the electronic records systems. Automated coding of medical records provides significant efficiency to the healthcare delivery system.
Automated process is an essential aspect of business process efficiency. Computer assisted coding represents the most significant aspect of achieving insurance efficiency. At the same time quality of care delivery improves by a quantum amount.
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Computer assisted coding of medical information uses natural language solutions to link the physician notes in an electronic patient record to the codes used for billing Medicare, Medicaid, and private insurance companies. Natural language is used determine the links to codes. 80% of the coding can occur automatically without properly designed natural language processing (NLP) solutions do not require physicians to change the way they work. They can dictate in a free flowing fashion, consistent with the way they think, and are not limited to structured inputs that may or may not fully capture the unique circumstances of each patient encounter.
Table Of Content
Computer Assisted Coding Executive Summary
Computer Assisted Coding Market Driving Forces
Natural Language Computer Assisted Coding Market Shares
Computer Assisted Coding Market Forecasts
Centers for Medicare & Medicaid Services (CMS) CAC to
Ease Transition to ICD-10
SOA For Healthcare Market Shares
Services Oriented Architecture (SOA) Healthcare Market Forecasts
1. Computer Assisted Coding Market Description and Market Dynamics
1.1 Standardized Application Of Coding Guidelines
1.2 Clinical Modification/Procedure Coding System (ICD-10)
1.2.1 Adopting an Electronic Query Process in CDI
1.3 Coding Challenge
1.3.1 Computer Assisted Coding (CAC)
1.3.2 Advances In Natural Language Processing And Informatics
1.4 Computer-Assisted Coding Technology
1.5 Computer-assisted Coding
1.5.1 Industry Forces Affecting Development of CAC
1.5.2 Application of CAC Technology
1.6 Development of a CAC Tool For Hospital Inpatient Use
1.6.1 CAC Impact on the Coding Workflow
1.6.2 Computers Replace Human Coders
1.7 Healthcare Industry Largest In United States
1.7.1 Building a Safer Health System
1.7.2 Facilitating the Use of Technology in the Healthcare Industry
1.7.3 Medicare Prescription Drug Improvement and Modernization Act
1.8 Medical Necessity and Medical Necessity Errors
1.9 Electronic Coding Technologies
1.9.1 Electronic Coding Integrated Database
1.10 Natural Language Solutions
1.10.1 State Of Language Technology Evaluation
1.11 Computerized Workflow System
1.11.1 Confidence Assessment Module
1.11.2 Researching Electronic Coding Products:
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