Medicare’s New Payment Model and AI Applications
Explore how Medicare's ACCESS model transforms patient care with AI.
Medicare’s New Payment Model and AI Applications
In recent years, artificial intelligence has revolutionized the healthcare sector. Medicare has launched a new payment model aimed at reshaping the delivery of healthcare services. This model allows an AI agent to monitor patients between visits, perform check-in calls, coordinate housing referrals, and ensure that patients are picking up their medications. However, many in the tech world have yet to fully grasp this innovative mechanism.
The ACCESS system establishes a framework that will enhance patient services and optimize a significant cost level for healthcare providers. Currently, there is no governmental mechanism to pay for the interactions of AI agents. ACCESS creates this mechanism for the first time, potentially making patient monitoring and care processes more efficient in the future.
In this post, I will detail the opportunities created by Medicare’s new payment model and the potential changes in the health technology landscape.