Majority of the people look for an ‘order’ in everything. Same is the case with ‘data’. We look for B after A and C after B. In healthcare, this order is not always maintained, making it harder for the users to make sense out of the pile of data available. With a vision to understand and convert this unstructured clinical data into actionable structured data, the co-founders of ezDI started the company in 2014 after five years of stealth R&D.
ezDI is focused on providing the best possible user experience using its dictation applications and transcription services. The company’s applications optimize mid-revenue cycle workflows, coding compliance, quality measures, and key performance measurements. In collaboration with Wright State University, the Indian Institute of Technology Bombay (IITB), and Jawaharlal Nehru University (JNU), it has engineered its own world-class, award winning Natural Language Processing (NLP) engine and comprehensive medical knowledge graphs. The company also offers computer-assisted coding (CAC) and clinical documentation improvement (CDI) products. These solutions improve medical coding and clinical documentation, increase productivity, reduce denials, and improve revenue cycle management.
ezDI aims to be the best NLP platform for healthcare. With a passion of saving lives at their heart, the zealous team of researchers and engineers at ezDI are dedicated to leveraging AI technologies that achieve the effortless management of healthcare data.
About the Tech-Savvy Leader
Chetan Parikh, a serial entrepreneur with more than 15 years of experience in healthcare, is the CEO of ezDI. He is responsible for the overall growth of the company. His mantra is, “Empower people to develop innovative solutions that enhance human life.” At heart, he is a technologist. He strongly believes that for any company to become a significant and formidable player, a strong technology backbone is essential. For the same, he has initiated various tactics and collaborations, which has brought technological advantage to the company. Chetan is a certified Six Sigma Black Belt and holds numerous patents. He is an avid reader and a charter member of TiE Ahmedabad. He believes that, “In Healthcare, we are data rich but information poor”.
A Basket of Solutions
ezDI offers a wide array of services and products to the healthcare sector.
Computer-assisted coding software: It is the use of computer software that automatically generates a set of medical codes for review/validation and/or use based upon clinical documentation provided by healthcare practitioners.
Computer-assisted CDI software: CDI is the process of improving healthcare records to ensure improved patient outcomes, data quality and accurate reimbursement.
Computer-assisted quality measures software: It is comprehensive software for flagging, searching, managing, and reporting quality measures.
Computer-assisted auditing software: It is an excellent solution for internal audit processes, ongoing monitoring of the recovery audit contractor (RAC) program and other CMS and payer audits.
Computer-assisted enterprise analytics: It is a ‘Healthcare Analytics Platform’ focusing on advancing and applying web-scale data analytics to empower key healthcare stakeholders to solve complex care, treatment, and cost challenges.
Medical speech recognition software: ezDI offers both front-end and back-end speech recognition solutions.
Medical transcription services: ezDI is one of the leading medical transcription service providers in the US, catering to healthcare organizations of all size and shape.
NLP-as-a-Service: ezDI offers its NLP platform as a service to enable clients extract meaningful information from the huge chunks of data located in complex patient documentation.
De-identification services: ezDI solutions give its customers a quick and easy way to de-identify data. They can remove sensitive patient data, while leaving clinical workflows intact.
KPI consulting services: ezDI analysts and consultants perform in-depth analysis of a hospital’s KPIs, including Case Mix Index (CMI), Coder and CDI Productivity, Denials and a host of other metrics.
Data Labeling/Annotation Services: ezDI provides data annotation services for text, audio, and image.
ezDI has bagged a number of awards and accolades since its inception. It has been ranked #1 in the Semantic Evaluation of Clinical Data (SemEval) competition for the year 2015 and named as one of the top 100 highly innovative companies at TiECon 2014. It has also been featured in several popular publications. In 2016, after very careful vetting process, ezDI was chosen by one of the largest and renowned technology companies to become their partner to develop certain AI technologies for healthcare. ezDI has been working with their research team since then on various stealth projects.
What’s Next for ezDI?
In near term, ezDI claims to be well-positioned to become a significant player in the CDI, CAC, and Quality Measures spaces. It is also in discussion with the giant vendors to open some of its AI technology and tools to create a vibrant developer community. The long-term goal of the company is to become the ‘Premier Healthcare IT Company’, with cost-effective solutions and customer obsession. ezDI believes that by staying true to its core values, it can achieve this.
ezDI currently employs a customer-intimacy strategy. It works closely with its customers to understand their challenges in order to create an exacting solution. The company has been investing heavily in Research & Development and hence is always operating on the most advanced technologies available.
In the long run, ezDI aims to become the global leader in converting healthcare data into intelligence.