AI-Driven Hospital Accounting

Abstract

When it comes to maintaining their financial stability, healthcare organisations confront particular difficulties. Hospitals are constantly under pressure to maximise their financial operations due to the growing expense of healthcare, shifting reimbursement structures, and the requirement to deliver high-quality patient care. In this quickly changing environment, traditional hospital accounting techniques might not be sufficient anymore. This chapter examines how artificial intelligence (AI) can revolutionise hospital accounting and provide a way to improve financial stability. AI-driven hospital accounting uses automation, data analytics, and sophisticated machine learning algorithms to increase accuracy, expedite financial procedures, and facilitate well-informed decision-making.