The company, which offers software to help physicians save time and alleviate burnout, will use the funds to expand global availability of its generative AI solutions.

Determining how to reimburse for healthcare artificial intelligence is likely to be a “complex policy challenge,” CEO William T. Thorwarth Jr., MD, wrote May 6. 

“Radiologists themselves can and should play a key role in policy creation at every level," members of the specialty wrote in JACR. 

The Louisville, Kentucky-based payer first partnered with vendor Cohere Health in 2021 to launch a pilot program in 12 states. 

Dave Walker, senior director of revenue cycle, Radiology Associates of North Texas, explains how his practice uses artificial intelligence for revenue cycle management during the Radiology Business Management Association (RBMA) 2024 meeting.

“This efficiency in detecting errors may hint at a future where AI can help optimize the workflow within radiology departments," a lead author of the study said. 

Scientists developed the deep learning algorithm using a set of over 123,000 digital mammograms (including 6,100-plus cancer cases). 

The company plans to integrate MIM Software's radiology and nuclear medicine solutions into its advanced-visualization product line.