NASHVILLE, Tenn.--(BUSINESS WIRE)--Sep 20, 2023--
Calm Waters AI, a fully autonomous, artificial intelligence Evaluation & Management coding application, has received quality audit services from Mazars USA, LLP. The assessment indicates that the company’s autonomous coding application consistently levels patient charts with a 97% accuracy rate.
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Calm Waters AI Achieves 97% Evaluation & Management Chart Accuracy as Audited by Mazars (Graphic: Business Wire)
“We are thrilled that a globally respected third-party audit and advisory firm, like Mazars, has concluded that Calm Waters AI is 97% accurate, given that the average accuracy rate we have seen from our audits of providers’ E/M charts is closer to 65%,” said Joe Ferro, President of Calm Waters AI. “In seconds, Calm Waters AI delivers the bottom-line results for providers that we’ve promised. As a result, practice groups are optimizing chart accuracy and reducing audit risk, while gaining up to an hour per provider each day that would otherwise have been spent on documentation.
“This is powerful validation for our company,” Ferro added. “For Calm Waters AI to achieve a consistent level of 97% chart accuracy, without human interaction, is an enormous step forward for healthcare organizations and medical practice groups.”
In a report to the company, Doug Barry, Principal of Mazars USA, wrote, “As a result of our comprehensive analysis, we found that the Calm Waters AI E&M Leveling application accuracy rate was determined to be 97%.”
The Mazars Group is one of the world's most respected audit, tax, and advisory firms, with more than 47,000 professionals serving clients in nearly 100 countries and territories. Mazars USA LLP leverages expertise and scale to deliver tailored services in audit, accounting, tax, financial advisory, and consulting.
About Calm Waters AI
Calm Waters AI leverages its proprietary artificial intelligence application to save time, reduce stress, increase physician practice revenue, and standardize the process of E/M coding for physician practices and other provider organizations.
The senior executives and creators of Calm Waters AI have over 100 years of combined experience in healthcare coding and compliance.
Calm Waters AI, an affiliate of Montecito Medical, is currently used by some of the nation’s top medical practices and health systems. It is part of Montecito Medical’s platform of solutions enabling healthcare providers to increase revenue, decrease costs, and build wealth. Learn more about Calm Waters AI at www.calmwatersai.com. Learn more about Montecito Medical at www.montecitomac.com.
About Mazars USA LLP
Mazars USA LLP is an independent member firm of Mazars Group, an international audit, tax and advisory organization with operations in nearly 100 countries and territories. With roots going back to 1921 in the US, the firm has a significant national presence in strategic geographies, providing seamless access to 30,000+ professionals around the world. The company’s industry specialists deliver tailored services to a wide range of clients across sectors, including individuals, high-growth emerging companies, privately-owned businesses and large enterprises.
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CONTACT: Brandi Meeks
VP of Marketing
bmeeks@calmwatersai.com
KEYWORD: TENNESSEE UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: TECHNOLOGY FINANCE HEALTH TECHNOLOGY PROFESSIONAL SERVICES SOFTWARE GENERAL HEALTH DATA ANALYTICS HEALTH DATA MANAGEMENT ARTIFICIAL INTELLIGENCE
SOURCE: Calm Waters AI
Copyright Business Wire 2023.
PUB: 09/20/2023 09:00 AM/DISC: 09/20/2023 09:01 AM
http://www.businesswire.com/news/home/20230920244572/en
