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October Monthly Edition 2022

Iodine is the future of AI-enabled intelligent care

Iodine is the future of AI-enabled intelligent care

Artificial Intelligence (AI) is routinely positioned as a means to drive better results, yet most healthcare technology solutions leverage rules and check-lists versus clinically-trained cognitive expertise.

Iodine has pioneered a new approach called CognitiveMLTM, which uses proprietary AI technology and machine learning (ML) algorithms to generate predictive insights that mimic the interpretations and determinations that a human clinician would make reviewing the same data. Similar to how physicians base decisions on their knowledge of medical concepts, experience in the field, and clinical judgment, Iodine leverages its CognitiveMLTM Engine to consider and analyze the entire patient record.

The result? Iodine helps quickly and accurately identify areas of potential opportunity to accelerate productivity, data accuracy, and financial return. 

Smarter prioritization

The Iodine Concurrent™ module considers the entire scope of the clinical record, patient experience, and physician intervention to predict likely conditions and identify gaps between evidence and documentation for review.

Automated, clinically-driven DRGs

Iodine Forecast™ is a fully-automated, clinically-driven module that assigns a final DRG for every patient record, early in each patient stay — effectively obsoleting conventional working DRGs.

A Better Way to Manage Time-Sensitive Provider Communications

Interact, formerly Artifact Health, is a transformative query solution that simplifies CDI, Coder collaboration and physician response.

Clinical Documentation Integrity Made Easy

ChartWiseCDI is uniquely designed to help the Clinical Documentation Specialist in independent community hospitals easily prioritize, review, and improve the accuracy and completeness of clinical documentation. ChartWiseCDI also makes it easy to track the status of the review process, analyzing the impact of the reviews on a variety of financial and quality metrics. The result is complete, accurate documentation, appropriate reimbursements, and a full account of the patient journey.

Interact Simplifies

Interact supports clinical documentation integrity by increasing query response rates and enabling proper reimbursement through more accurate coding and billing. Iodine’s cloud-based, HIPAA-compliant platform makes it easy for physicians to respond to queries any time, and from anywhere. Developed in collaboration with Johns Hopkins Medicine, Interact has streamlined the query response process for more than 80,000 physicians at over 200 hospitals.

Make Physicians Lives Easier: With Interact, physicians can quickly and compliantly address time-sensitive queries anytime, anywhere.

Code Accurately, the First Time: Clarify physician documentation before cases are coded and billed. Optimize reimbursement and ensure publicly-reported quality scores are accurate.

Ensure HIPAA Compliance: All communication through Interact is encrypted and never stored on any device.

A Revolutionary Approach to Solving Revenue Leakage

Healthcare organizations experience mid-cycle revenue leakage for a variety of reasons — from lack of CDI resources to inefficient query processes and beyond. AwareCDI is the only solution on the market that addresses the problem every step of the way, from admission through post-billing review.

It’s all made possible by CognitiveML, the industry’s most advanced and versatile AI engine. With the AwareCDI suite of solutions, healthcare organizations can:

Maximize CDIS efficiency

Capture more revenue

Optimize allocation of resources

Increase query creation & response rates

Minimize denials & DNFB

Solutions for Every Stage of the Mid-Revenue Cycle

Concurrent

  • Don’t just capture documentation, capture accurate documentation.
  • Compares existing narrative language against CognitiveML predictions to identify the cases with the greatest likelihood of opportunity for documentation improvement
  • Prioritizes cases in the CDS workflow, eliminating review of cases with no improvement opportunity
  • 75% Lift in Query Volume
  • 91% of hospitals saw improvement in MCC Capture

Interact

  • Easily create compliant queries that become part of the permanent medical record
  • Convenient and intuitive interface for query exchange encourages collaboration and physician response
  • Optimizes physician response through EMR-integration and mobile interfaces to reduce physician burden and further amplify CDI workflow productivity
  • On average, physicians spend 60 seconds or less responding to queries
  • 99% physician response rate
  • 15% increase in CDI opportunities

Retrospect

  • Facilitates post-discharge, pre-bill reviews by comparing existing narrative language against CognitiveML predictions to identify the cases with the greatest likelihood of documentation and coding opportunities
  • Eases the burden on CDI and coding teams by prioritizing cases in their workflow, eliminating review of cases with no improvement opportunity
  • 95% of facilities experience increase in reimbursements

Forecast

  • Delivers a real-time predicted discharge DRG and GMLOS for all inpatients, based on available clinical patient information – even if no prior manual review has been performed
  • Fully automated, clinical driven predictions minimize the need for CDI to identify working DRGs
  • Machine-learning engine is based on 20m+ admissions

Introspect

  • Equips CDI leaders with the right analytics so they can ensure people and processes are aligned
  • Provides deep, insightful and actionable visibility which facilitates evidence-based management across all aspects of documentation reliability
  • Detailed dashboards and metrics that drill down to the CDIS, physician, and query topic level
  • Highly configurable to meet organizational needs

William Chan, Chief Executive Officer, Co-founder

William Chan is CEO and co-founder of Iodine Software. His healthcare experience and expertise in designing technology platforms are guiding Iodine’s success in spearheading artificial intelligence and machine learning solutions for the healthcare industry.

Prior to Iodine, William was co-founder and vice president of Product at Crimson, a company focused on improving healthcare provider quality and profitability. Crimson was acquired by The Advisory Board Company, now part of Optum/United Healthcare (NYSE:UNH). William was also the co-founder and vice president of Marketing at WhisperWire, which was acquired by Convergys (now Concentrix), where he led product development efforts with the nation’s largest telecommunications providers.

William has a bachelor’s degree in Computer Science from Cornell University and an MBA with honors from Harvard Business School. 

“Iodine’s breakthrough AI engine processes raw clinical data at scale and surfaces actionable insights and predictions that enable the automation of clinical administrative tasks and complex workflows.”


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