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

Millions of lives are impacted every day by healthcare, one of the world’s most vital and intricate sectors. 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.

A leader in this field is Terence Mills, the CEO of AI.io, a data science and engineering company that dreams, creates, and provides 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 has been named as 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.

Veuu, a fintech company that offers a unique solution for healthcare payments, is one of the ways Terence is accomplishing his vision. 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 way of resolving disputes or claims by applying legal rules and principles. AI can be used to aid adjudicators in evaluating evidence, creating outcomes, and ensuring fairness and transparency.

Veuu includes 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 streamlines the process of medical coding and billing, lowering 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 assists providers and payers in detecting and preventing 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 facilitates the secure and seamless exchange of health data among providers, payers, and patients. InVeuu employs blockchain technology to establish a decentralized and encrypted network of data, ensuring accessibility, privacy, and integrity.

By combining AI and blockchain, Veuu is transforming the healthcare industry by eliminating fraud, de-risking claims, enhancing patient satisfaction, and improving quality of care. Veuu is also creating new opportunities for innovation and collaboration among stakeholders, enabling a more efficient and effective healthcare system. You can view here for more information about this product.