HANK AI

Hank AI is a technology company specializing in artificial intelligence-powered solutions for healthcare and other industries. The company's flagship product, the HANK Platform, offers a suite of APIs and user interfaces designed to enhance productivity in various business processes. Hank AI's core technology combines computer vision, natural language processing, and machine learning to augment and automate tasks such as document indexing, data entry, medical coding, and auditing. The platform's primary focus is on the healthcare sector, with additional applications in ERP and industrial domains.

The company's proprietary technology stack has been developed entirely in-house, with numerous patents secured for their approaches to maximizing return on investment in targeted business processes. Hank AI's system is designed to perform rapid keyphrase searches and coding, allowing healthcare providers to spend more time with patients by reducing the burden of administrative tasks and medical billing. The platform can process entire records, extracting relevant information and suggesting probable codes associated with the data.

One of Hank AI's key features is its ability to learn and improve over time. Users can provide feedback on the system's outputs, allowing it to refine its performance and adapt to specific requirements. This adaptive learning approach enables Hank AI to continuously enhance its efficiency and accuracy in assisting healthcare professionals and other users.

Key customers and partnerships

Hank AI's customer base primarily consists of healthcare providers seeking to streamline their administrative processes and improve operational efficiency. The platform's focus on the healthcare industry suggests a significant presence in this sector.

Hank AI has received support from the South Carolina Research Authority (SCRA), which invested USD 200,000 in the company in November 2021. This investment, which was SCRA's second in Hank AI, demonstrates the organization's confidence in the company's potential and its contribution to the local technology ecosystem in Columbia, South Carolina.