Nao Medical adopts AI medical coding software XpertDox
Nearly $265B in claims are denied every year because of the way they're coded
Read more...Mobile advertising revenue in the U.S. is estimated to grow at a compounded rate of 94% to $2.3 billion in three years, from $160 million last year, according to a new report released by Sanford Bernstein analyst Jeff Lindsay.
Global mobile advertising is estimated to reach $7.2 billion, up 79% compounded annually from $.7 billion last year.
Search revenue on a mobile phone is expected to grow to $910 million in three years, up 159% compounded annually from $20 million. Lindsay also estimates that there will be nearly 165 million Internet/data-service-capable phones in service like the U.S. this year, which is about 60% of the installed base.
Of that base, about 40%, or 65 million, will have active Internet/data service subscriptions - about 25% of all mobile subscriptions.
As for searching on mobile phones, Lindsay reported that he can measure brand reach, which he calculates as number of visitors to a search property divided by the estimated total of visitors ever to access the search category ever in a month. Based upon brand reach, Lindsay estimates that Google maintained mobile reach of 62% in January of this year, Yahoo maintained 30% and Microsoft's Windows Live/MSN maintained 11%.
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Founder and CEO of Vator, a media and research firm for entrepreneurs and investors; Managing Director of Vator Health Fund; Co-Founder of Invent Health; Author and award-winning journalist.
All author postsNearly $265B in claims are denied every year because of the way they're coded
Read more...Most expect to see revenue rise, while also embracing technologies like generative AI
Read more...The market size for 2023 was $10.31 billion
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