The Beginners Guide To (Chapter 1)

How AI and Blockchain are Transforming Healthcare with Terence Mills and Veuu

Healthcare is one of the most important and complex sectors in the world, affecting millions of lives every day. But it also has to deal with many difficulties, such as increasing costs, inefficiencies, fraud, data leaks, and quality problems. These problems can be solved by innovative solutions that can utilize the capabilities of AI and blockchain technology.

One of the pioneers in this field is Terence Mills, the CEO of AI.io, a data science and engineering company that envisions, conceptualizes, and delivers AI solutions in healthcare, travel, and entertainment. Terence is also a reputable and respected member of the Forbes Technology Council and a monthly writer on AI for Forbes.com. He was named one of the top 50 AI influencers on Twitter in 2018 and 2019.

Terence has a passion for creating large businesses, enhancing efficiency, and improving decision-making. He is also an evangelist for a new class of AI that is explainable, accountable, not biased, nor destructive. His objective is to support executives and industry leaders in creating truly efficient businesses by providing information to employees so that they can make decisions and improve results.

One of the ways Terence is achieving his vision is through Veuu, a fintech company that offers a unique solution for healthcare payments. Veuu is the only and first AI solution that eradicates A/R days and denials, enabling healthcare providers to get payments instantly at the point of service. Veuu employs blockchain technology to establish a secure and transparent record of transactions, ensuring accountability and trust.

Adjudication is the process of resolving disputes or claims by applying legal rules and principles. AI can be used to assist adjudicators in analyzing evidence, generating outcomes, and ensuring fairness and transparency.

Veuu comprises four modular products: payVeuu, codeVeuu, riskVeuu, and inVeuu.

PayVeuu is a virtual payment platform that enables providers to get payments from payers instantly, without delays, fees, or intermediaries. PayVeuu uses blockchain technology to create a secure and transparent ledger of transactions, ensuring trust and accountability.

CodeVeuu is an AI-powered coding engine that simplifies the process of medical coding and billing, minimizing errors, rejections, and audits. CodeVeuu uses natural language processing and machine learning to evaluate clinical documentation and create accurate and compliant codes for reimbursement.

RiskVeuu is an AI-driven risk management tool that helps providers and payers identify and prevent fraud, waste, and abuse. RiskVeuu uses advanced analytics and anomaly detection to flag suspicious claims, patterns, and behaviors, and provide actionable insights for mitigation.

InVeuu is an AI-enabled interoperability platform that enables the secure and smooth exchange of health data among providers, payers, and patients. InVeuu uses blockchain technology to create a decentralized and encrypted network of data, ensuring privacy, accessibility, and integrity.

By combining AI and blockchain, Veuu is transforming the healthcare industry by eliminating fraud, de-risking claims, improving the quality of care, and enhancing patient satisfaction. By creating new opportunities for innovation and collaboration among stakeholders, Veuu is also enabling a more efficient and effective healthcare system. If you want to learn more about this product, you can check it out!