Korea Deep Learning Inc., an AI software company, has recently revealed that they are developing the ‘Medical Chart Image Data Processing and AI OCR Model’ in collaboration with Bo-um Inc.
The two companies were jointly selected for the ‘2022 Data Voucher Support Business’ and began working together, forming a consortium. The Data Voucher Support Business is a support system where the government gives vouchers so that data and technology needed by companies with demand are provided by companies with supply.
The consortium is set to showcase a solution where AI is used to analyze medical charts to claim insurance in a simple way. Users will be able to experience a simplified personal insurance claim through kiosks that will support video calls with consultants as well as automatically preparing documents for the corresponding insurance claims using AI.
Korea Deep Learning used their company’s core technology, ‘DEEP OCR’, for the ‘Medical Chart Image Data Processing and AI OCR Model’. This technology is an OCR (optical character recognition) solution that advocates for a ‘smart OCR that thinks like a human’.
As the technology allows easy access even for users with no working knowledge of AI, it is expected to be helpful in massively simplifying the complicated existing claiming process where people need to do things like checking documents on their own. If you make the claim after the 1st time, you can complete the insurance claim in around 10 seconds.
A spokesman for Bo-um Inc., an insurance claiming solution company, said that, “Existing insurance claiming solutions have noticeably low usage rates from the middle-aged and senior people,” and relayed that, “The quality of life of all generations will be improved with the ‘human-connected kiosk’, where you can talk directly with a consultant.”
Jihyeon Kim, the CEO of Korea Deep Learning, said that, “Our company’s DEEP OCR is a technology that can read everything from atypical documents like the details page of shopping malls, or large amounts of documents like in logistics documents,” and went on to say, “We will satisfy clients, insurance companies, and medical institutions with our solution which is more accurate and convenient than existing processes.”
Korea Deep Learning had the technical capacity of their ‘DEEP OCR’ recognized, receiving the tailored accelerating program after being selected for the 2022 KB Unicorn Club operated by G-HUB Pangyo and KB Bank, and they have been selected for 22 tasks in this year’s ‘2022 Data Voucher Support Business’.
Source: Pangyo Techno Valley Official Newsroom