PRAXEVO AIPrescriptive AI · Practical Evolution Start a Conversation
Practical evolution for specialty care

Better claims today. Upfront care payments tomorrow.

Praxevo puts the evidence behind every code, so denials, downcodes and underbills drop now. The same evidence from the record and claim history finds the patients a program can help, and builds the way to pay for their care up front.

Today - Now · Fee-for-service plumbingOptimize Today

Reimbursement follows evidence.

What a clinician documents, and what a coder builds from it, decide what gets paid. Miss the evidence, compromise the reimbursement.

8%of claims denied
67%of denials never resubmitted
8 in 10of appealed denials get paid
~$12lost on every encounter

Every code comes with its evidence.

Automated coding is where it starts. Each code ships with the record quote, the rule behind it, the reason, and what was ruled out. Then the claim is edited before it leaves, so the risks drop.

Medical recordWhat the clinician documented
Auto-codedCodes drafted with the record and rule evidence attached
Coder approvesRole changes from author to auditor
Pre-submission editingReduces denial, downcode and underbill risk
Transcript + claimCoding evidence and the medical record go with every claim
Today, fee-for-serviceIn a program
DenialsCaught and fixed before the claim is submittedRemoved. No claim triggers payment.
DowncodingThe shared evidence supports the level billedRemoved. Nothing to downcode.
UnderbillingMissed services and conditions surface at codingRemoved. Nothing to underbill.

Suppressed up front now. Replaced by the program next.

Today - Next · Emergent Spend ManagementAdvance to Next

Find the patients a program can help. Pay for it up front.

A specialty's cost concentrates in a few patients. Praxevo reads claims and records to find them, then runs a program with the payer: managed with evidence, paid up front.

Risk follows spend.

A population has tiers of clinical risk, each carrying greater cost.

Early stage, lower risk

Lower risk today. The next step costs far more.

Pulmonology22 in 100moderate-stage COPD patients have two or more flare-ups in a year, tripling costs, from $7,200 to $21,200.
NephrologyNearly 4xthe cost when low-risk kidney patients who reach kidney failure start dialysis in a crash, against a planned start.
Cardiology9 in 100adults at risk of heart failure develop early heart damage each year (stage A to B).
Risk of worsening

Stop the slide before it reaches the costly state.

Nephrology$1,700 → $12,700a year, the added cost of kidney disease at stage 2 against stage 4
Podiatry4 in 5amputations start as a foot ulcer
Cardiology11% → 34%Heart failure is 11% of Medicare patients and 34% of Medicare spending
Risk of a major event

One major event costs several times a normal year.

Podiatry$48,400a year after an amputation, 4 times the $11,700 for diabetic patients with no foot problem
Pulmonology3 timesthe COPD-related cost for patients with repeated hospital or ER visits, against other COPD patients: $21,200 against $7,200 a year
Nephrology$91,000a year on dialysis

Across all patients, the top 5% account for about half of US health spending.

Stats

Sources: Sargen, Hoffstad and Margolis, J Diabetes Complications 2013 (Medicare, 2007). Honeycutt et al., J Am Soc Nephrol 2013 (Medicare, 2010 dollars). USRDS Annual Data Report 2018 (dialysis, 2016). AIR brief on crash dialysis starts. AJMC, dialysis costs for one health system in value-based care (Cleveland Clinic). Hurst et al., N Engl J Med 2010 (COPD flare-ups by GOLD stage). ISPOR 2020 abstract (COPD cost, Medicare 5% sample, 2014). Olmsted County Heart Function Study (heart failure stage A to B to C). Milliman, Heart failure cost in Medicare, 2015. Clinical reviews of ulcer-to-amputation risk (80 to 85%). AHRQ MEPS Statistical Briefs.

Migrate risk bearing patients to a partner program to change the trajectory of care delivery cost and quality.

Fee-for-service

No-Low Risk Patients

Wellness visits and situational needs. They stay on fee-for-service, with better dollars today.

Up-front dollars

Emergent Spend Risk patients

Managed in a program with a partner. Paid up front, with the evidence to prove the results.

Claims and Record Analytics automate identification of Program Tier Populations

Program More specialties More partners More people

The program widens, ring by ring.

Each ring opens when the outcomes of the one before it show results.

  • More people in the same program, with the same partners and rules
  • More partners practices and payers joining the program
  • More specialties the same three tiers, a new set of conditions
Tomorrow · Care PaymentsAchieve a New Way Forward

From fee-for-service to Care Payments, one proven step at a time.

Nothing switches over all at once. Quality and savings are measured, and the proof lets the program expand.

Today - Now

Fee-for-service plumbing

Every patient. Claims still pay, with the coding evidence attached and the risks edited out before submission.

Today - Next

Emergent Spend Management

Patients with emergent risk move into a program and are paid up front. Everyone else stays on fee-for-service.

Tomorrow

Care Payments

Every patient is paid up front, and the legacy conflicts and overhead of claims-based payment fall away.

To migrate to care payments - prove

  • Clean claim standard metPayer edits and audits have diminished because claim quality is met before submission.
  • Savings exceed payment integrity costAvoided adverse event cost is greater than the cost to run payment integrity.
  • Resubmissions and appeals are wastePaying a resubmitted claim or overturning an appeal is spend Care Payments removes.

Care Payments are unlocked by Evidence.

How it works

Evidence becomes transparency. Transparency earns trust.

The same chain runs from the first coded encounter to the last Care Payment.

AI creates the evidence Humans validate it The evidence creates transparency Transparency earns trust Trust Transactions carry it The Collaboration Clearinghouse delivers it
Precision AI

Transparency Tools

The engine that executes healthcare's precision workflows, reading the record, applying the rules and showing the evidence behind every decision.

Coders change from author to auditor enhancing quality and throughput for cleaner claims.

What gets shared

Trust Transactions

New transactions beyond EDI, packaged with evidence so partners share visibility and clarity.

TemplateTranscriptTimelineTrackingTrajectoryTabulation
Where it moves

Collaboration Clearinghouse

New Clearinghouse where provider and payer meet for greater collaboration.

  • Coding evidenced medical records
  • Non-billable medical record details
  • Bi-directional clinical events & evidence

What changes

Start a conversation

See the criteria, rule and record criteria that govern and evidence the AI determinations.
Learn how claims and records auto-build proposed program populations.
View the trust transactions that drive care delivery cost and quality improvement.

Write to [email protected].