A Year In Review: Wisedocs 2024 Product Releases & Successes
As 2024 draws to a close, we’re reflecting on a year of exciting progress at Wisedocs.
As 2024 draws to a close, we’re reflecting on a year of exciting progress at Wisedocs. From launching powerful new tools to earning industry recognition, this year has been about creating configurable solutions that improve claims processing and deliver measurable impact for our customers.
Throughout the year, our Wise Product Picks series has spotlighted major product releases, like Automated Workflows and Legal Documentation Summarization, designed to save time and streamline complex workflows.
In this review, we’ll explore the product improvements that have made medical record reviews smarter.
Celebrating Milestones Together in 2024
This year, Wisedocs achieved milestones that wouldn’t have been possible without your support. From being named one of Forbes Canada’s Best Startup Employers to earning spots on the Forbes Cloud 100 Rising Stars, CB Insights List, and Fintech Global Insurtech 100, these recognitions showcase the impact we’re creating together. Wisedocs also secured an oversubscribed $12.7 million Series A funding round and an additional $4.5 million in growth capital from CIBC Innovation Banking. These investments are helping us grow, assist more clients, and make ongoing enhancements to our platform to streamline the claims process.
“As a founder and CEO, when I reflect on the talent, culture, and capability of the team at Wisedocs, it is beyond incredible, and this has been showcased by a year of amazing accolades and recognition.” - Connor Atchison
Wisedocs’ Product Highlights
We are committed to refining the tools that help you work smarter, faster, and with less stress. Here’s how some of our standout features, highlighted in our monthly series, Wise Product Picks, are making a difference:
Automated Workflows
Sorting through disorganized records can be time-consuming and frustrating. Wisedocs’ Automated Workflows use artificial intelligence (AI) to organize your documents with just a few clicks chronologically, by provider, or however you need them. This innovative tool eliminates manual sorting, giving you back hours to focus on higher-priority tasks.
Multi-Version Document Lists
When one set of records needs to be tailored for different teams, Multi-Version Document Lists let you create customized versions from a single master file. Whether you’re preparing for a psych evaluation or an orthopedic review, this tool ensures each stakeholder within the claims process gets the exact information they need, keeping things organized and efficient.
Co-Mingled Records
Co-mingled claims records can derail workflows when multiple claimants’ details get mixed into a single file. Wisedocs’ Co-Mingled Records feature flags inaccuracies in real time, so you can separate files with ease and ensure accuracy, saving time and reducing headaches for your team.
Legal Documentation Summarization
Legal teams no longer need to sift through lengthy documents line by line. Wisedocs’ Legal Documentation Summarization tool condenses complaints, depositions, and subpoenas into concise, easy-to-read summaries. With less time spent deciphering paperwork, you can focus on building your case strategy and resolving complex issues faster.
Summary Lite
When you need quick insights without vast details, Wisedocs’ Summary Lite offering delivers. This streamlined version of Wisedocs’ Medical Record Summary focuses on essential takeaways, cutting processing time by up to 70%. Perfect for busy professionals, it keeps you efficient and on track for timely reviews and turn-around-times.
Deduplication
Duplicate documents within claim files slow down reviews and clutter medical records. Wisedocs’ Deduplication feature uses AI to identify and remove unnecessary duplicates, streamlining workflows and reducing errors. By cutting through the clutter, teams can focus on accurate assessments and faster claim resolutions.
Whether it’s cutting through cluttered records, tailoring documents for your team, or speeding up case reviews, Wisedocs is here to help you work smarter. We’re proud to empower the meaningful work our clients do, and we’re excited to keep building solutions that make your day a little smoother and intuitive.
Looking Ahead to 2025 and Beyond
As we close out 2024, we’re more excited than ever about what’s next. The groundwork we’ve laid this year is setting us up to bring even more impactful solutions to the table. Our focus remains on delivering a configurable solution that saves you time, empowers you to tackle complex cases with ease, and supports defensible decisions built on trust. We’re grateful for your support and can’t wait to continue this journey together in the year ahead.
Here’s to building smarter tools and even brighter solutions in 2025!