Artificial Intelligence Software Could Help Make Health Care Contracts Air-Tight
Health care providers enter into dozens of contracts with outside companies, like medical record disposal or storage entities, that have access to patients’ medical information.
Dan Mulholland, senior partner at the health law firm Horty Springer, said these contracts come and go so frequently that they're not always reviewed by a lawyer because of cost and time constraints. But even tiny errors in the documents can create huge liabilities if patient information is mishandled.
"There have been some fines for privacy breaches, imposed under HIPAA, that have been in the millions of dollars," said Mulholland.
Mulholland said AI software created by local start-up LegalSifter could provide a sort of advanced spell check to clients.
LegalSifter CEO Kevin Miller said that the program is made up of various algorithms called "sifters" which are created to recognize certain bits of language, or concepts.
"A sifter has one job: to find its concept, or say that it's not there, in a particular document," said Miller.
In about a minute, the collection of sifters can read through a contract to determine if all the correct language is there.
"This is a quick way for someone to say 'This contract looks OK' or 'Time-out, I've got to talk to the lawyers because it's missing a clause that maybe the government says [is required],'" said Mulholland.
Mulholland said that in the next few weeks, Horty Springer will begin offering LegalSifter's product directly to the law firm's clients. The software doesn't make the information itself more secure, but can help protect providers from legal liability in the event of a breach.
Mulholland said he's not concerned about artificial intelligence taking lawyers' jobs any time soon.
"This just makes us more more efficient," Mulholland said, adding that he believes offering the product to clients at an affordable price, below the typical fee or rate for reviewing this kind of document, will create an additional stream of revenue for the firm.
Additionally, he said, attorneys at Horty Springer can also use the product themselves to save time.