Ambience Healthcare announced Tuesday a new artificial intelligence model for medical coding that outperformed doctors by 27% in accuracy, according to CNBC. The breakthrough marks a leap forward in reducing administrative burdens in health care. The startup uses OpenAI technology to train its model, which listens to patient visits and identifies diagnosis codes in real time, streamlining billing and reporting tasks. Ambience says its AI tool supports doctors and coders by reducing administrative work and improving healthcare quality, without replacing them. Ambience is backed by investors like Andreessen Horowitz and the OpenAI Startup Fund and is reportedly seeking funding at a valuation exceeding $1 billion.
