AI Tools Generated Nearly $1 Billion in Extra Costs, Blue Cross Insurers Say
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4 Articles
AI tools generated nearly $1 billion in extra costs, Blue Cross insurers say
By Amina Niasse NEW YORK, Sept 24 (Reuters) - AI tools are raising health spending for insurers by nearly $1 billion over two years, as providers bill for more severe patient care, according to a Blue Cross Blue Shield Association study released Thurs...
Artificial intelligence (AI) tools are increasing health insurers’ costs by nearly $1 billion over two years as providers more often bill more serious and complex cases, according to a study by the Blue Cross Blue Shield Association (BCBSA) released Thursday. Between 2024 and 2025, providers more often billed secondary conditions — conditions that coexist with the primary condition for which a patient is being treated or hospitalized. The practi…
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Cryptocurrency News | Cryptocurrency Prices | Market CapBlue Cross report links hospital AI to $1B rise in costs
Blue Cross Blue Shield report finds AI-powered hospital coding tools drove an estimated $2.3 billion in excess healthcare costs across 62 million
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