Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

HPE CFO emphasizes the importance of agentic AI in financial strategies for 2026.

February 13, 2026

Two fintech builders on what they wish they knew before building

February 12, 2026

SC appoints LC Wakaful Digital to run Malaysia’s inaugural social exchange platform

February 12, 2026

New Scams and Ways to Safeguard Yourself

February 12, 2026
Facebook X (Twitter) Instagram
Trending
  • HPE CFO emphasizes the importance of agentic AI in financial strategies for 2026.
  • Two fintech builders on what they wish they knew before building
  • SC appoints LC Wakaful Digital to run Malaysia’s inaugural social exchange platform
  • New Scams and Ways to Safeguard Yourself
  • Fintech Associate in Investment Banking in Manhattan, New York
  • 37% of power users rely on AI as their main financial tool.
  • Why Real-World Asset Tokenization Still Has Not Gone Mainstream
  • Aspire seeks to significantly increase its startup clientele via collaboration with Antler.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    The emergence of licensing for banking services as a new trend in Fintech and its implications for the financial ecosystem

    February 11, 2026

    FinTech Magazine’s Latest Issue Highlights Klarna and Stripe Discussing the Future of Cryptocurrency

    February 10, 2026

    PB Fintech shares rise over 8% following significant news regarding its fundraising strategy.

    February 5, 2026

    CBN fintech investigation report suggests significant change in regulator’s position

    February 2, 2026

    Headlines from KUTV covering news, weather, sports, and breaking updates in Salt Lake City

    January 19, 2026
  • AI

    HPE CFO emphasizes the importance of agentic AI in financial strategies for 2026.

    February 13, 2026

    New Scams and Ways to Safeguard Yourself

    February 12, 2026

    37% of power users rely on AI as their main financial tool.

    February 12, 2026

    UKNetSuite CIO highlights AI-powered financial changes, while analysts advise caution; experts stress the need for accuracy in new tools designed for reconciliation, reporting, scheduling agents, and pricing optimization.

    February 12, 2026

    NetSuite Introduces AI Financial Solutions and Low-Code Integration

    February 12, 2026
  • Acquisitions

    MrBeast’s Company Acquires Fintech App Targeting Gen Z

    February 10, 2026

    Capital One’s $5 billion purchase of fintech Brex may prove to be another brilliant move by billionaire Richard Fairbank.

    January 24, 2026

    Fintech Partnership Enhances UST’s Digital Banking Goals

    January 20, 2026

    CoinGecko is reportedly exploring a sale valued at $500 million.

    January 16, 2026

    Flutterwave acquires Nigerian Mono in a unique exit for African fintech.

    January 6, 2026
  • Trends

    GCC fintech market projected to attain a value of $26.8 billion

    February 5, 2026

    Key Stablecoin Trends to Monitor in 2026 – Fintech Schweiz Digital Finance News

    January 21, 2026

    Trends in Emerging Fintech Technologies Emphasize Wealth Management

    January 8, 2026

    GCC Fintech Landscape: Embracing Open Banking, Nurturing Startups, and Investment Patterns

    January 7, 2026

    eLEND Solutions Introduces Fintech Platform to Simplify Financing and Credit for Dealerships โ€“ Pete MacInnis

    January 6, 2026
  • Insights

    Two fintech builders on what they wish they knew before building

    February 12, 2026

    Interview: Matthew Schneider on Why Stablecoins Are Becoming Tools of Economic Independence

    February 10, 2026

    After securing a record $48 million in Series A funding, fintech Alaan introduces its new SuperPayโ„ข product to facilitate global supplier payment transfers.

    February 10, 2026

    Climate change overwhelms the insurance industry.

    January 23, 2026

    Capital One to purchase fintech startup Brex for $5.15 billion, as announced in a definitive agreement on Thursday.

    January 23, 2026
  • Rumors

    Abivax CEO refers to Eli Lilly acquisition speculation as a diversion.

    February 8, 2026

    Big Tech’s AI Investment Competition; PB Fintech Halts QIP Initiative

    February 6, 2026

    SpaceX Considers Initial Public Offering, Spirit Airlines Owner Explores Private Equity, and Other Speculations

    January 25, 2026

    Collapse of Livestock Markets Amid Tumultuous Rumors

    January 23, 2026

    Crypto schools draw interest amid speculation regarding UAE initiatives.

    January 23, 2026
  • Startups

    Two fintech builders on what they wish they knew before building

    February 12, 2026

    SC appoints LC Wakaful Digital to run Malaysia’s inaugural social exchange platform

    February 12, 2026

    Aspire seeks to significantly increase its startup clientele via collaboration with Antler.

    February 12, 2026

    Gurugram-based fintech startup secures $8 million to enhance hospital billing with AI technology.

    February 12, 2026

    Healthcare-focused fintech startup Care.fi secures $8 million in funding.

    February 12, 2026
  • finjobsly
fintechbits
Home ยป Allegheny Health leverages AI to automate the prior authorization process.
AI in Finance

Allegheny Health leverages AI to automate the prior authorization process.

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Doctor.phone2 .reza20estakhrian 0.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link
Doctor

Photo: Reza Estakhrian / Getty Images

Transforming Healthcare: AI-Powered Contactless Authorization by Allegheny Health Network

Allegheny Health Network (AHN) has introduced an innovative contactless authorization system utilizing advanced AI automation technology in collaboration with Humata Health. This strategic partnership aims to streamline healthcare processes, enhancing efficiency and patient satisfaction.

Revolutionizing the Authorization Process

As one of Humata’s key investors, AHN has become the first health system to implement the platform without requiring physical contact. This evolution allows for procedural orders to be efficiently integrated into electronic health records, while Humata aggregates and submits essential clinical information seamlessly.

Success Metrics: Speed and Efficiency

Humata reports a remarkable 70% approval rate for current procedural terminology requests (CPT) within just one month of implementation. Previously, AHN collaborated with Humata on specific imaging and radiology procedures, resulting in over 200,000 automated prior authorizations each year, boasting a first-line approval rate of 96%.

Automated End-to-End Solution

The contactless authorization technology from Humata automates the entire process, from determining authorization to generating clinical packages and conducting post-authorization monitoring. For a duration of 14 days following a procedure, the platform oversees approved authorizations, checking for factors that could affect their validity, such as changes in patient insurance, diagnostic codes, or rescheduling of procedures.

The Importance of Streamlining Authorization

A recent survey by the American Medical Association (AMA) highlighted the detrimental effects of the prior authorization process on patient outcomes and healthcare provider well-being. The study emphasizes that unnecessary delays negatively impact patient care, leading to increased costs due to extra consultations, unforeseen hospital stays, and out-of-pocket expenses for patients.

Legislative Efforts for Reform

In response to the challenges posed by prior authorizations, legislators from the House of Representatives have proposed a bipartisan bill designed to reduce medically unnecessary delays. This legislation aims to reform health insurance practices by allowing board-certified physicians in the same specialty to make authorization decisions, enhancing the efficiency of the healthcare system.

A Bright Future for AI in Healthcare

Humata Health, an AI-driven company led by a physician and backed by a range of investors, including Optum Ventures and Blue Venture Fund, is at the forefront of this healthcare revolution. The partnership with Allegheny Health Network aims to alleviate the administrative burden on care teams while expediting patient care pathways, ultimately improving clinician experiences and patient outcomes.

“Removing the administrative load from our care teams, while accelerating the path to patient care is central to our mission,” said Morgan Kroskie, a director at AHN. “The innovative technology from Humata delivers significant value to our organization, and we look forward to expanding its application across more procedures and service lines.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

HPE CFO emphasizes the importance of agentic AI in financial strategies for 2026.

February 13, 2026

New Scams and Ways to Safeguard Yourself

February 12, 2026

37% of power users rely on AI as their main financial tool.

February 12, 2026
Leave A Reply Cancel Reply

Latest news

HPE CFO emphasizes the importance of agentic AI in financial strategies for 2026.

February 13, 2026

Two fintech builders on what they wish they knew before building

February 12, 2026

SC appoints LC Wakaful Digital to run Malaysia’s inaugural social exchange platform

February 12, 2026
News
  • AI in Finance (2,117)
  • Breaking News (191)
  • Corporate Acquisitions (80)
  • Industry Trends (231)
  • Jobs Market News (334)
  • Market Insights (234)
  • Market Rumors (304)
  • Regulatory Updates (201)
  • Startup News (1,329)
  • Technology Innovations (203)
  • uncategorized (5)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (2,117)
  • Breaking News (191)
  • Corporate Acquisitions (80)
  • Industry Trends (231)
  • Jobs Market News (334)
  • Market Insights (234)
  • Market Rumors (304)
  • Regulatory Updates (201)
  • Startup News (1,329)
  • Technology Innovations (203)
  • uncategorized (5)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2026 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.