Simplifying healthcare processes through AI can revolutionize patient care and improve payment accuracy. On this episode of The Beat, recorded live at ViVE 2024, Rajeev Ronanki, CEO of Lyric AI, discusses the healthcare industry's digital transformation and the role of technology in improving patient care, emphasizing the importance of simplifying healthcare processes, utilizing AI, blockchain, and machine learning to streamline transactions and improve payment accuracy. He highlights the need for a platform-based approach in healthcare, where data-driven insights can predict and prevent diseases, ultimately leading to proactive and personalized healthcare. Rajeev stresses the ethical use of AI, advocating for transparency, data quality assessment, ongoing monitoring, and human oversight. He also discusses the future of payment innovation, emphasizing the importance of structure and reliability in transactions to enhance efficiency. Tune in and learn how AI and digital technologies can revolutionize healthcare delivery, improve patient outcomes, and reduce waste in the industry.