Domain & Vertical Terms
The applied-AI products in the teardowns live inside specific industries, and the engineering only makes sense against that domain’s vocabulary. This page collects the business/domain terms by vertical. Definitions, a sentence or two each.
Healthcare & revenue cycle (RCM)
Section titled “Healthcare & revenue cycle (RCM)”Why agents matter here: healthcare operations run across a huge number of legacy third-party web portals that usually expose no API. The agent logs into someone else’s system — a payer portal, an EHR — and clicks buttons, navigates menus, reads claim status, downloads documents, submits forms, and extracts data. Historically that was RPA; the bet (e.g. Amperos) is that an LLM agent is more resilient, because it can reason “this page is asking for a member ID” and continue even when the layout changed, instead of “click button X at coordinates Y.”
RCM (revenue cycle management) — the end-to-end financial process a provider runs to get paid for care: eligibility, coding, claim submission, status checks, denials, and collections. The domain these healthcare agents automate.
Provider — the entity delivering care (hospital, clinic, practice) and submitting claims to get paid. The customer of an RCM product.
Payer — the insurer or government program that reimburses the provider. Its websites are the “payer portals” staff log into all day.
Payer portal — an insurer’s web portal where provider staff check claims, eligibility, and authorizations. Typically no API and layouts change often — the brittle third-party surface an agent operates on.
Eligibility verification — confirming a patient’s insurance coverage and benefits before care, so the provider knows what’s covered and what the patient will owe.
Prior authorization (prior auth / PA) — a payer’s requirement that a treatment or drug be approved before it’s delivered, or it won’t be reimbursed. Submitted and tracked through payer systems, often a major bottleneck.
Claim — the itemized bill a provider submits to a payer for services rendered. The unit that flows through the whole revenue cycle.
Claim status — where a submitted claim stands in the payer’s system: paid, pending, or denied. Checking it across portals is a constant manual task.
Denial — a payer’s rejection of a claim. “Working denials” — finding out why and resubmitting — is one of the most labor-intensive RCM tasks, and a prime automation target.
EHR / EMR (electronic health record / medical record) — the system of record for a patient’s clinical and billing data. Often reached through a web interface the agent has to navigate like a human.
PBM (pharmacy benefit manager) — the intermediary that administers prescription-drug benefits for payers, with its own portals for drug claims and authorizations.
Clearinghouse — an intermediary that validates, formats, and routes claims (via EDI) between providers and payers before they reach the insurer.