TKSoftware
- Company typePrivate
- Founded2002
- HeadquartersCarmel, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
TKSoftware firmographics
Firmographics- Name
- TKSoftware
- Legal name
- TKSoftware Inc.
- Website
- https://tksoftwareinc.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Where TKSoftware is headquartered
LocationHeadquarters
- HQ city
- Carmel
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TKSoftware business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Per-Claim Medical Billing and Clearinghouse Fees: TKSoftware charges a flat $1 per submitted claim, which includes access to the ICONIC Pro billing software platform and unified clearinghouse services. There are no per-user license fees, no separate clearinghouse charges, and no setup or implementation fees disclosed publicly. This transaction-based model aligns costs directly with practice activity and is particularly cost-effective for high-volume practices. Optional back-office billing support from TKSoftware's trained staff may be available as an additional service.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Single all-in-one plan at $1 per claim covering billing software and clearinghouse |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
TKSoftware product offering
Product offeringCore offering
TKSoftware provides ICONIC Pro, an AI-enhanced, cloud-based medical billing and revenue cycle management platform that unifies billing software with an integrated medical claims clearinghouse. The platform handles eligibility verification, claim submission, automated scrubbing, denial management, and payment posting, and is sold primarily to healthcare practices of all sizes for a flat $1 per claim fee that includes software and clearinghouse access.
Product overview
TKSoftware offers ICONIC Pro as its flagship all-in-one medical billing and revenue cycle management (RCM) platform, which combines robust billing software with an integrated clearinghouse in one unified system. The product portfolio includes ICONIC Scheduling (a web-based patient scheduling add-on), specialized Behavioral Health Software for mental health practices, and the Medical Billing Clearinghouse service. ICONIC Pro serves as the core platform delivering end-to-end RCM from eligibility verification through claim submission, payment posting, denial management, and reporting. All products share the same unified infrastructure, with the $1 per claim pricing covering both software and clearinghouse access.
Differentiator
Problem solved
Functional benefit
Brands
- ICONIC Pro: AI-enhanced all-in-one medical billing and revenue cycle management (RCM) platform with integrated clearinghouse, AI-driven coding recommendations, denial prevention, and claim scrubbing features.
- ICONIC Scheduling
Products and services
- ICONIC Pro All-in-one AI-enhanced medical billing and revenue cycle management platform combining healthcare RCM software with an integrated clearinghouse. Features real-time eligibility verification, automated claims processing, payment posting, denial management, reporting, and AI-driven coding recommendations, achieving 98%+ first-pass acceptance rates for healthcare practices of all sizes.
- ICONIC Scheduling Web-based patient scheduling system built for healthcare practices and fully integrated with the ICONIC Pro revenue cycle platform. Includes online self-scheduling for patients, automated reminders to cut no-shows, and built-in eligibility verification.
- Behavioral Health Software Dedicated billing solution for mental health, substance use, and counseling practices. Includes authorization tracking, session-based billing, group therapy claims, behavioral-health-specific CPT and HCPCS codes, telehealth features, and customizable progress-note templates. Built on the ICONIC Pro infrastructure.
- Medical Billing Clearinghouse Medical claims clearinghouse integrated directly with the ICONIC Pro billing platform, providing a unified dashboard combining both billing and clearinghouse functions. Supports X12 EDI healthcare transactions including 837 (claims), 835 (remittance), and 270/271 (eligibility) and routes claims to commercial and government payers.
- Medical Billing Software Comprehensive medical billing software designed to streamline billing processes, improve cash flow, and enhance patient satisfaction. Includes unified dashboard, real-time eligibility checking, advanced claims processing, customizable user permissions, and HIPAA-compliant security. Delivered as part of the ICONIC Pro platform.
Quantifiable outcome
- 98%+ first-pass acceptance rate versus 80–85% industry average
- +7 more outcomes
Companies that use TKSoftware
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
TKSoftware technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability5 records
Feature11 records
TKSoftware partnerships and signals
Strategic signalScale indicators8 records
Recent moves5 records
Expansion highlights5 records
TKSoftware competitors and assessment
Company assessmentDirect peers
- Claim.MD: Claim.MD is an independent medical claims clearinghouse focused on simplifying claim submission with transparent per-claim pricing for practices and billing services. It targets the same small-to-mid practice segment as TKSoftware.
- Office Ally: Office Ally is a long-standing clearinghouse and practice management vendor popular with small and mid-sized practices, with similar transparent pricing and a focus on simplifying claim submission. It is one of TKSoftware's closest direct competitors.
- Availity: Availity is a leading healthcare clearinghouse and provider-payer connectivity platform handling X12 EDI transactions, eligibility, and revenue cycle workflows. It directly overlaps TKSoftware's integrated billing + clearinghouse positioning.
- Waystar: Waystar is one of the largest US healthcare clearinghouses and RCM platforms, formed from the merger of Navicure and ZirMed. It competes head-to-head with TKSoftware across claim submission, eligibility, denial management, and patient billing for practices of all sizes.
- AdvancedMD: AdvancedMD offers cloud medical billing, scheduling, and practice management for small to mid-sized practices with subscription-based pricing. It targets the same customer base as TKSoftware and competes on integrated workflow.
- Kareo (Tebra): Kareo, now part of Tebra, provides cloud-based medical billing software and practice management specifically for independent practices and small groups. It is a close comparable to TKSoftware's core small-practice RCM focus.
Broad incumbents
- Optum (Change Healthcare): Optum's acquisition of Change Healthcare created the largest US medical claims clearinghouse alongside its broader RCM and analytics portfolio. It represents the dominant incumbent that smaller players like TKSoftware must differentiate against on price and service.
- Athenahealth: Athenahealth offers an integrated EHR, practice management, and revenue cycle management platform serving small to large practices. Its RCM and patient billing workflows overlap directly with ICONIC Pro, but at much greater scale.
- Trizetto (Cognizant): TriZetto, now part of Cognizant, is an enterprise RCM and claims management platform used by large payers and providers. It competes with TKSoftware at the higher end of the market where integrated, enterprise-scale workflows matter.
- Experian Health: Experian Health is the healthcare division of Experian offering claims management, eligibility, clearinghouse, and patient access solutions. It is a much larger incumbent competing against TKSoftware across the same RCM workflow.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
TKSoftware financial estimates
Financial estimateRevenue estimate
Valuation estimate
TKSoftware leadership team
Management profileNumber of profiles
TKSoftware funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TKSoftware M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TKSoftware
What does TKSoftware do?
TKSoftware provides ICONIC Pro, an AI-enhanced, cloud-based medical billing and revenue cycle management platform that unifies billing software with an integrated medical claims clearinghouse. The platform handles eligibility verification, claim submission, automated scrubbing, denial management, and payment posting, and is sold primarily to healthcare practices of all sizes for a flat $1 per claim fee that includes software and clearinghouse access.
Is TKSoftware a public or private company?
TKSoftware is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was TKSoftware founded?
TKSoftware was founded in 2002. It employs 1 to 10 people.
Where is TKSoftware based?
TKSoftware is headquartered in Carmel, United States, in the North America region.
How does TKSoftware make money?
One revenue line is on record: per-Claim Medical Billing and Clearinghouse Fees.
Who are TKSoftware's main competitors?
Direct peers on record are Claim.MD, Office Ally, Availity, Waystar, AdvancedMD and Kareo (Tebra). Broad incumbents are Optum (Change Healthcare), Athenahealth, Trizetto (Cognizant) and Experian Health.
Does TKSoftware have an API?
No public API is recorded for TKSoftware.