Our CEO and Co-Founder, William Chan was recently featured on the Becker's Healthcare podcast diving into how AI is revolutionizing healthcare and the hospital revenue cycle. Over the past few years, AI has evolved from basic automation to sophisticated generative AI, reshaping the way hospitals handle documentation, utilization management, and reimbursement. William Chan emphasizes the power of partnerships between hospitals and vendors, and the need for collaboration and transparency across CDI and UM team 🎧 Click below to to hear how Iodine Software is leading this revolution! #AIinHealthcare #RevenueCycleManagement #PatientCare #IodineSoftware
Iodine Software
Software Development
Powering Cognitive Emulation to solve healthcare mid-cycle revenue problems.
About us
Iodine Software is a healthcare AI company that has pioneered a new machine learning approach — Cognitive Emulation™ — to help healthcare finance leaders build resilient organizations. Founded in 2010, Iodine’s technology unifies clinical concepts, evidence-based medicine, and deep machine learning to power revenue cycle solutions that maximize capture and data accuracy. To date, the Iodine AwareCDI™ Suite has helped nearly 500 hospitals recognize $1.5 billion in additional appropriate reimbursement annually. To learn more, visit iodinesoftware.com.
- Website
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http://www.iodinesoftware.com/
External link for Iodine Software
- Industry
- Software Development
- Company size
- 201-500 employees
- Type
- Privately Held
- Founded
- 2010
- Specialties
- software, clinical documentation integrity, technology, health it, revenuecycle, machinelearning, AI, and healthcarefinance
Locations
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Primary
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Austin, US
Employees at Iodine Software
Updates
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Grateful for rooftop views at our co-sponsored event with R1 RCM at the American Case Management Association (ACMA) Leadership and Physician Advisor Conference in Huntington Beach! Thank you for all that came out - From our wonderful clients to our new potential partners! Cheers and safe travels home!
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🌴 We’re excited to showcase AwareUM at the American Case Management Association (ACMA) Leadership and Physician Advisor Conference (LPAC) in Huntington Beach! Stop by our booth to discover how our AI-driven solution can: -Deliver real-time case prioritizations -Provide AI-powered insights for better decisions -Streamline workflows with an intuitive user interface -Expedite case reviews -Enhance collaboration with customized reporting and analytics 📅 November 18–20, 2024 📍 Huntington Beach, CA See how AwareUM transforms workflows, reduces manual tasks, and empowers teams to make smarter decisions that improve patient outcomes, reduce denials, and optimize resource allocation. Brad Wensel Kady K. Jessi Klein Adam Zellner Vincent Reilly Kerin Draak Erin Litsey, MCIS David Bordewyk #LPAC2024 #ACMA #HealthcareInnovation #UtilizationManagement #ClinicalDocumentationIntegrity
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➡️ The Financial Reality Reshaping Healthcare: What CFOs Need to Know for 2025 The numbers tell a stark story: - Operating margins have plunged to 1% from pre-pandemic levels of 3.5%. - Labor costs are up 20% since 2019, consuming 68% of operating budgets - With denial rates climbing 33% since 2016, hospitals are losing $5M annually to preventable denials Traditional revenue cycle management isn't sustainable anymore. But here's the opportunity: AI-enabled transformation is showing remarkable results: 🟩 Clinical teams achieving 2-3x productivity gains 🟩 Provider response rates exceeding 98% 🟩 5.27% median increase in Major Complications/Comorbidities capture The key isn't just automation – it's strategic transformation. Successful CFOs are using AI to redeploy clinical expertise to high-value activities. Instead of reducing headcount, they're maximizing impact. Teams are cutting case review times while improving accuracy, and CDI specialists are expanding into outpatient reviews. For 2025 and beyond, the winning strategy is clear: leverage AI to create sustainable financial resilience while enabling clinical teams to deliver higher quality care. It's not about replacing human judgment – it's about augmenting it with real-time insights and automated workflows that prevent revenue leakage before it occurs. The question isn't whether to embrace AI, but how to do it responsibly and effectively. What steps is your organization taking to transform financial challenges into opportunities for growth? Read more in our latest blog post below. #Healthcare #AI #RCM #Innovation #Leadership
Healthcare Financial Resilience: A CFO’s Guide to AI-Enhanced Mid-Revenue Cycle Strategy - Iodine Software
https://iodinesoftware.com
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➡️ 1,200 Executive Level Attendees ➡️ 440 Speakers ➡️ 4 Days of Sessions A huge thank you to the Becker's Healthcare team for curating such meaningful conversations and hosting the industry’s top keynote speakers. The team at Iodine Software is incredibly grateful for the insights and connections gained and look forward to bringing these ideas back to better serve our clients! Richard J. Larimer Danny Thomas
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As healthcare demands continue to rise, medical teams require innovative solutions that go beyond traditional methods. Physician advisors, care managers, and quality officers have discovered that integrated, AI-enabled solutions are essential for streamlining workflows, enhancing patient outcomes, and reducing burnout. Our latest blog explores how Iodine Software’s AwareSuite supports healthcare teams by eliminating barriers between Clinical Documentation Improvement (CDI) and Utilization Management (UM) functions. We empower clinical teams to focus on high-impact cases with intelligent AI-powered automation, leading to a more balanced and sustainable workflow. 🔎 Discover how Iodine Software is enabling our clients to break down silos across the mid-revenue cycle: https://shorturl.at/OC4IC #HealthcareTransformation #AIInHealthcare #ClinicalEfficiency #RevenueCycleeen
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🎉 We’re honored to announce that Iodine Software has been named the top vendor for AI-powered mid-Revenue Cycle Management Solutions by Black Book Market Research LLC! 🎉 This prestigious award highlights our commitment to delivering value through AI-powered solutions that drive transformation in healthcare mid-revenue cycles. We’re proud to be recognized for our excellence in utilization management, clinical documentation integrity, and AI-driven tools that help healthcare organizations thrive in today’s evolving landscape. A special thanks to our incredible clients who consistently lean in, collaborate, and push us to new heights. Your partnership drives our continuous innovation and propels us forward in advancing patient care, optimizing workflows, and delivering on the promise of AI in healthcare. Together, we’re charting the future of a AI-Enabled healthcare ecosystem with aiming for better outcomes, higher quality and decreasing provider burnout. Press Release Here: https://shorturl.at/kz80z Black Book Market Research LLC, recognized for its expertise in surveying medical coding and health information management users for the past decade, maintains complete independence, with no financial interest in the vendors it evaluates. Since 2000, it has polled vendor satisfaction across 30+ industries, and since 2009, it has surveyed over 2.5 million healthcare software and services users. Known for unbiased, crowd-sourced research, Black Book gathers insights from IT professionals, clinicians, financial leaders, and administrators. For detailed methodology and ranking data, visit https://lnkd.in/eFzkxPbS. #ThankYou #HealthcareInnovation #AIinHealthcare #ClinicalDocumentation #RevenueCycleManagement #ClientSuccess
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We’re thrilled to be attending the Becker's Healthcare CEO + CFO Roundtable Conference next week! As a leader in AI-driven mid-revenue cycle solutions for over a decade, Iodine Software is here to support hospitals and healthcare organizations in tackling their toughest challenges. Our proven solutions are designed to drive financial improvements, streamline processes, and deliver impact from day one. Join us as we connect with healthcare leaders, share insights, and contribute to the industry’s collective mission to enhance patient care. Looking forward to engaging in meaningful conversations and learning from each other’s experiences! Danny Thomas Richard J. Larimer #healthcareleadership #AI #revenuecycle #CDI #UM #coding #clinicaldocumentation #healthtech #healthcareinnovation
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Clinical Documentation Specialists (CDSs), are you ready to take your documentation integrity to the next level? Our latest blog, "The Clinical Documentation Specialist’s Guide to Validation Queries," breaks down everything you need to know about using validation queries to enhance documentation accuracy, reduce denials, and ensure compliance. In today’s healthcare landscape, clinical validation isn’t just a compliance measure—it’s a crucial tool for quality patient care and accurate reimbursement. Discover: ➡️ The essential role of validation queries in CDI ➡️ Best practices for creating effective queries ➡️ Real-world examples that set your team up for success Whether you're managing CDI teams or working as a CDS, these insights are for you. 🔍 Read the full guide here: https://shorturl.at/sv8G6 Ready to transform your CDI strategy? Let’s chat about how our solutions can support your goals. Thank you to Rhoda Chism, MHL, RN, CCDS, CCS, CPHQ, Iodine Softwares Director of Clinical Excellence and Adoption for her insights on this! #ClinicalDocumentation #CDI #HealthcareCompliance #ValidationQueries #DocumentationIntegrity
The Clinical Documentation Specialist's Guide to Validation Queries - Iodine Software
https://iodinesoftware.com
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Exciting times at the Healthcare Financial Management Association (HFMA) Region 9 Annual Conference this week! We're thrilled to be here in person, connecting with over 4,000 healthcare Revenue Cycle professionals across Arkansas, Louisiana, Mississippi, Oklahoma, and Texas. Our team of experts are ready to discuss innovative solutions, best practices, and how we’re helping healthcare organizations navigate today’s financial challenges. If you're attending, let's connect! Keller Meaney Ben Marquardt #HFMA #HealthcareFinance #HealthcareInnovation #Networking