Therapy iQ offers a practice management platform that integrates clinical, financial, operational, and compliance workflows, enabling therapists to manage scheduling, billing, and client interactions within a single system. This solution reduces administrative burdens, allowing practices to increase client capacity and improve operational efficiency without the need for multiple software tools.
Funding
$3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
VVFounders
Product
Problem
Therapy practices often struggle with managing clinical, financial, operational, and compliance workflows across multiple software platforms, leading to inefficiencies and increased administrative burdens. This fragmented approach can hinder client capacity and operational effectiveness.
Solution
Therapy iQ offers a unified, AI-powered practice management platform that integrates clinical, financial, operational, and compliance workflows into a single system. By automating manual tasks and eliminating the need for multiple third-party software solutions, Therapy iQ streamlines practice operations, allowing therapists to focus on client care and practice growth. The platform includes features such as automated insurance billing, telehealth capabilities, client self-scheduling, and compliance monitoring, all accessible through a user-friendly interface. Therapy iQ aims to improve practice profitability and efficiency by providing a comprehensive solution that addresses the diverse needs of modern therapy practices.
Target Audience
Therapy iQ primarily targets therapy practice owners, clinicians, and administrative staff seeking to streamline operations, improve efficiency, and enhance client engagement within their practices.
Features
- **Clinical:**
- Customizable forms with automated workflows
- Encrypted and secure telehealth with screen-sharing and collaborative whiteboard
- Secure client portal for appointment management and payments
- Secure SMS/text messaging for client interaction
- Group therapy session management with automated billing and attendance tracking
- Electronic prescriptions management with real-time patient benefits and medication history
- Clinical supervision tools for interns and pre-licensed clinicians
- Client management with automated billing, reminders, and VOBs
- Client self-scheduling through the client portal
- **Financial:**
- Automated insurance billing with secondary claim automations
- Dynamic ledger with transparent adjustments for easy transaction tracking
- Real-time reporting for revenue tracking, client retention, and outstanding balances
- Secure credit card payments online or in person
- Batch payment processing and posting with error detection
- **Operational:**
- Calendar iQ with 2-way calendar sync and client self-scheduling
- Conversation iQ for secure client communication via text messaging
- Automated appointment reminders via text, email, and portal
- Email iQ for encrypted and tracked email communication
- Agency iQ for credentialing agents, bookkeepers, and billers
- Audit tools for tracking missing documents, waitlists, and client retention
- Waitlist iQ for managing and nurturing client leads
- Mobile responsive design for use on any device
- Practice manager for customizing practice-wide settings
- Team manager for customizable roles and permissions
- Locations manager for multi-location practice management
- Automated lead scheduling from the practice website
- Self check-in kiosk for streamlined, contactless client check-in