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SmarterDx

AI-powered clinical documentation and revenue integrity for hospitals.

Discussion
aidata-analyticshealth-tech

Company facts

Founded
2020
Employees
164
Headquarters
United States
CEO
Michael Gao, MD
Type
Private
Funding
Series B · $50M · 2024

About

SmarterDx is a clinical AI company dedicated to transforming the revenue integrity landscape for hospitals. The company's flagship solution leverages advanced artificial intelligence to analyze 100% of patient charts, ensuring not only optimal documentation but also uncovering missed revenue opportunities that could significantly impact a hospital's financial health. By utilizing over 30,000 data points per patient visit, SmarterDx captures every relevant diagnosis, including those that have not been documented. This proactive approach enables hospitals to recapture approximately $2 million in net new revenue for every 10,000 patient discharges, reflecting the powerful financial benefits of accurate and complete patient records. The company was founded in 2020 and has quickly positioned itself as a leader in the healthcare technology sector, employing a talented team of professionals skilled in both clinical insights and AI technology. Their mission centers on providing tools that empower healthcare institutions to not only meet but exceed quality metrics. By serving over 30 top U.S. health systems and spanning more than 150 locations, SmarterDx has established a reputation for excellence as highlighted in KLAS reports, where their clients have consistently rated their satisfaction at an impressive 100%. With a keen focus on enhancing the accuracy of healthcare documentation and ensuring compliance, SmarterDx is revolutionizing how hospitals approach revenue integrity and clinical documentation integrity.

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