Widespread cyberattacks have exposed critical vulnerabilities within traditional healthcare systems, emphasizing the need for advanced, tech-driven solutions. Vlad Panin, CEO and founder of iFrame.AI’s, discusses the transformative potential of AI-powered medical coding, offering secure, in-house alternatives. He addresses the risks of outsourcing and the impacts of monopolistic practices, advocating for localized data security and operational efficiency.
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The UnitedHealth data breach impacted a staggering 100 million people, exposing the flaws in traditional healthcare systems and highlighting the urgent need for smarter, AI-driven solutions. (1) With cyberattacks disrupting medical billing, payment processing, and even patient care, it’s time to rethink how the industry operates. This week on the Disruption Interruption podcast, host Karla Jo Helms (KJ) welcomes Vlad Panin, Founder and CEO of iFrame.AI, to discuss how AI-powered medical coding can revolutionize the industry and share how his platform is redefining healthcare operations.
Outsourcing, Data Breaches, and the Erosion of Patient Trust
Panin points out that one of the most unique aspects of the U.S. healthcare system is that patients direct their frustration at hospitals and healthcare providers—because they’re the most visible part of the process. “Patients blame healthcare providers because they see them,” he explains. However, what they don’t see are the vast networks of outsourced decision-makers operating behind the scenes.
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Outsourcing these kinds of critical operations introduces major risks to patient data security. “They say it’s a Chinese cyberattack,” Panin notes, referring to recent breaches. “But in reality, it’s likely someone just forgot a password—maybe in a store or Starbucks—and exposed patient data.”
iFrame.AI Transforms Medical Coding—No More Outsourcing or Data Leaks
Instead of relying on costly and inefficient third-party vendors, iFrame.AI automates the entire medical coding process within healthcare facilities. “You don’t have to send your data outside of your facility,” Panin emphasizes. The AI integrates directly with EHR systems, consolidating information instantly and generating accurate medical codes in real-time. By eliminating manual data entry, providers can ensure accuracy while reducing administrative burdens.
Most importantly, iFrame.AI keeps patient data secure. “We can install virtual machines in Google Cloud, AWS—wherever you like, in your state, in your city,” says Panin. This localized approach prevents data from being shipped overseas and ensures compliance with strict privacy regulations.
The Hidden Costs of Healthcare’s Monopoly
Panin believes that one of the biggest challenges in the American healthcare system is its monopolistic structure, particularly in medical coding. “There is no other country in the world where every time you’re discharged from the hospital, you pay a royalty,” he states.
According to the expert, this system extends beyond just billing and that the American Medical Association (AMA) controls intellectual property rights over CPT codes—procedure codes that hospitals use for billing. “They hold everything. They exploit the market by controlling IP over lots of different stuff.”
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Source – PR Web
