How Terence Mills and Veuu are Revolutionizing Healthcare with AI and Blockchain

Millions of lives are impacted every day by healthcare, one of the world’s most vital and intricate sectors. But it also has to deal with many difficulties, such as increasing costs, inefficiencies, fraud, data leaks, and quality problems. To address these problems, innovative solutions are needed that can leverage the power of artificial intelligence (AI) and blockchain technology.

One of the pioneers in this field is Terence Mills, the CEO of AI.io, a data science and engineering company that envisions, conceptualizes, and delivers AI solutions in healthcare, travel, and entertainment. Terence is also a distinguished and esteemed member of the Forbes Technology Council and a monthly contributor on AI for Forbes.com. He has been named as one of the top 50 AI influencers on Twitter in 2018 and 2019.

Terence loves to build huge businesses, increase efficiency, and empower decision-making. He is also an evangelist for a new class of AI that is explainable, accountable, not biased, nor destructive. His aim is to assist executives and industry leaders in creating truly efficient businesses by giving information to employees so that they can act and enhance outcomes.

Terence is realizing his vision through Veuu, a fintech company that provides a unique solution for healthcare payments, among other ways. Veuu is the only and first AI solution that eradicates A/R days and denials, enabling healthcare providers to get payments instantly at the point of service. Veuu utilizes blockchain technology to generate a secure and transparent log of transactions, ensuring trust and accountability.

Adjudication is the process of resolving disputes or claims by applying legal rules and principles. AI can be used to help adjudicators in examining evidence, producing outcomes, and ensuring transparency and fairness.

Veuu includes four modular products: payVeuu, codeVeuu, riskVeuu, and inVeuu.

PayVeuu is a virtual payment platform that permits providers to obtain payments from payers instantly, without fees, intermediaries, or delays. PayVeuu employs blockchain technology to establish a secure and transparent record of transactions, ensuring accountability and trust.

CodeVeuu is an AI-powered coding engine that automates the process of medical coding and billing, reducing errors, rejections, and audits. CodeVeuu uses natural language processing and machine learning to examine clinical documentation and produce accurate and compliant codes for reimbursement.

RiskVeuu is an AI-driven risk management tool that helps providers and payers identify and prevent fraud, waste, and abuse. RiskVeuu uses advanced analytics and anomaly detection to mark suspicious claims, patterns, and behaviors, and offer actionable insights for mitigation.

InVeuu is an AI-enabled interoperability platform that facilitates the secure and seamless exchange of health data among providers, payers, and patients. InVeuu uses blockchain technology to create a decentralized and encrypted network of data, ensuring privacy, accessibility, and integrity.

By combining AI and blockchain, Veuu is transforming the healthcare industry by eliminating fraud, de-risking claims, improving the quality of care, and enhancing patient satisfaction. Veuu is also creating new opportunities for innovation and collaboration among stakeholders, enabling a more efficient and effective healthcare system. You can view here for more information about this product.