Calm Waters AI Achieves 97% Accuracy Rate in Mazars USA Audit

Sep 20, 2023 | Press Releases

accuracy rate

FOR IMMEDIATE RELEASE

Nashville, Tenn. — Calm Waters AI, a fully autonomous, artificial intelligence Evaluation & Management coding application, has received quality audit services from Mazars USA, LLP. The assessment indicates that the company’s autonomous coding application consistently levels patient charts with a 97% accuracy rate.

“We are thrilled that a globally respected third-party audit and advisory firm, like Mazars, has concluded that Calm Waters AI is 97% accurate, given that the average accuracy rate we have seen from our audits of providers’ E/M charts is closer to 65%,” said Joe Ferro, President of Calm Waters AI. “In seconds, Calm Waters AI delivers the bottom-line results for providers that we’ve promised. As a result, practice groups are optimizing chart accuracy and reducing audit risk, while gaining up to an hour per provider each day that would otherwise have been spent on documentation.

“This is powerful validation for our company,” Ferro added. “For Calm Waters AI to achieve a consistent level of 97% chart accuracy, without human interaction, is an enormous step forward for healthcare organizations and medical practice groups.”
In a report to the company, Doug Barry, Principal of Mazars USA, wrote, “As a result of our comprehensive analysis, we found that the Calm Waters AI E&M Leveling application accuracy rate was determined to be 97%.”

The Mazars Group is one of the world’s most respected audit, tax, and advisory firms, with more than 47,000 professionals serving clients in nearly 100 countries and territories. Mazars USA LLP leverages expertise and scale to deliver tailored services in audit, accounting, tax, financial advisory, and consulting.

 

About Calm Waters AI

Calm Waters AI, a subsidiary of Montecito Medical, exists to take care of the providers who take care of all of us by simplifying and expediting the E/M coding process leveraging AI technology. Calm Waters AI is a part of a platform of solutions offered by Montecito Medical that enable providers to increase revenue, decrease costs and build wealth. Learn more about Calm Waters AI at www.calmwatersai.com. Learn more about Montecito Medical at www.montecitomac.com.