Automated Information Extraction at Concord Technologies

AI drives the automated intelligent document processing provided by the new Concord Connect platform from Concord Technologies, which debuted at ViVE and HIMSS this year.

As summed up in this interview with Concord CTO Chris Larkin, Concord Connect uses Straight-Through Processing for HealthCare to classify and extract key information from each document (which could be 200 pages long), then route those incoming documents to the right workflows and eventually the system of record — all with minimal human intervention. The system rates each decision it makes with a confidence level and directs documents with low confidence to a human to ensure accuracy.

Concord Connect’s processes can be customized for each client’s specific needs and workflows. Concord’s clients start by identifying the data they need for decision-making process, and then Concord’s AI is trained on those specific documents to classify, extract, and unlock their data.

Larkin also explains additional benefits of Concord Connect beyond streamlining workflows. Those include improving revenues, enhancing staff productivity by removing repetitive data entry work, and better patient care thanks to information getting into the hands of clinicians more quickly.

Learn more about Concord Technologies: https://concord.net/

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