Intelligent Medical Objects has received two Modern Healthcare Best in Business Awards for the second consecutive year, this time in the categories of data analytics and revenue cycle management. These accolades, presented by Modern Healthcare on celebrate IMO Health's terminology-driven innovations, domain-specific artificial intelligence (AI), and commitment to optimizing client revenue and reimbursement.
"For more than 30 years, IMO Health has propelled the healthcare industry forward, equipping organizations with data they can rely on to work smarter and innovate faster," said Ann Barnes, CEO of IMO Health. "I'm so proud of this team and all they've done to get us here."
IMO Health's second win in the Data Analytics category reflects its ability to transform unstructured healthcare data into usable insights. By aligning free text to clinical intent with 92% accuracy, IMO Health enables businesses to cut diagnostic errors and revenue leakage by up to 45%. For one client, this approach led to more specific diagnoses for nearly half of patients and automated most coding. Furthermore, the company's clinical AI outperforms the leading GPT by 67% in ICD-10-CM mapping accuracy, ensuring faster, more trustworthy findings across care delivery and research.
The award in Revenue Cycle Management recognizes IMO Health's focus on preventing costly claim denials caused by incomplete or inaccurate documentation. Unlike traditional RCM solutions that focus on downstream processes, IMO Health's Coding and Denials Solutions integrate seamlessly at every revenue stage, providing real-time alerts to stop the cycle of denials, rework, and write-offs before claims are submitted. One client saw a 67% drop in denials, recovered thousands of coding hours, and realized a 10x annualized ROI after implementation.
"We are proud to honor this year's recipients," said Dan Peres, President of Modern Healthcare. "These organizations demonstrate the progress, creativity and excellence that help move healthcare forward. Their innovative approaches and measurable impact are redefining what's possible in care delivery and operations."
These awards not only celebrate IMO Health's accomplishments but reaffirm the company's commitment to its customers. Every solution developed and every hurdle overcome is guided by the goal of helping clients to deliver better care, streamline workflows, and optimize revenue to achieve remarkable outcomes.