What Ibis.ai does

Ibis.ai is a Belgian healthcare AI company founded in 2019 and headquartered in Leuven. It builds Clinical Language Understanding (CLU) software that processes unstructured medical text from electronic health records and converts it into structured outputs such as ICD-10 codes, SNOMED CT concepts, and OMOP-standardized data. Its core products include a Computer-Aided ICD-10 Coding system for automated hospital stay coding (supporting mandatory MZG registration in Belgium), a collaborative SNOMED CT Annotation Tool, an AI-powered SNOMED CT Resolver, and an NLP-to-OMOP conversion service developed with Edence.health. The underlying models are data-driven NLP systems trained on real-life medical data that improve through a positive feedback loop with healthcare professionals, and the company supports both on-site and cloud deployment to address GDPR and data sovereignty requirements.

The platform uses a modular, container-based architecture and is integrated with dominant Belgian hospital IT systems including NexuzHealth and Zorgi's xCare platform. Ibis.ai serves more than 30 Belgian hospitals, supporting over 18,000 licensed beds with major customers including UZ Leuven, UZ Gent, CHU UCL Namur, AZ Groeninge, OLVZ Aalst, and AZ Delta. The company markets through direct enterprise sales, healthcare industry events (ICT4Care, SNOMED CT Expo, Inspire Health&Care), and an active content presence on its blog. Stated customer outcomes include approximately six-month payback on coding automation investments and reduced administrative burden on clinicians.

The business operates on a subscription/recurring revenue model based on licensing its CLU technology and integrated solutions to hospital customers, with modular pricing described as having a low entry cost. The company has 11 employees (as of February 2026), was an alumnus of the Start it @KBC accelerator (March 2021), and received a 2nd-place finish in the 2021 Indian Healthcare Innovation Challenge plus a 2023 CCO Awards nomination. No external funding rounds have been disclosed. The company is privately held, Belgium-domiciled, and currently operates exclusively in the Belgian hospital market.

Name

Ibis.ai

Legal name

ibis.ai

Website

https://ibis.ai

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Ibis.ai is a Belgian healthcare AI company that builds Clinical Language Understanding software for hospitals, converting unstructured medical text from EHRs into ICD-10 codes, SNOMED CT concepts, and OMOP-standardized data. It serves 30+ Belgian hospitals on a subscription licensing model.

Ownership category

akta.pro rank

Product category

Healthcare AI / Clinical Language Understanding Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Healthcare Terminology, Ontology & Code Set Management (SNOMED/LOINC/ICD/RxNorm) (HLACAIAF)

akta.pro secondary industry

Clinical Coding Support (ICD/CPT/SNOMED) & Documentation Compliance Tools (HLACAAAO)

Keywords

• Clinical language understanding
• Medical coding automation
• Healthcare NLP software
• SNOMED CT annotation
• ICD-10 computer-assisted coding

Headquarters

HQ city

Leuven

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. AI Solutions Licensing: Clinical Language Understanding technology licensing to healthcare institutions with modular, container-based architecture allowing flexibility in deployment (on-site or cloud). Revenue appears to be subscription-based licensing model for hospital stays coding and SNOMED CT conversion services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Ibis.ai builds and licenses a Clinical Language Understanding (CLU) platform that uses data-driven NLP and deep learning to extract structured information (ICD-10 codes, SNOMED CT concepts, OMOP data) from unstructured medical text in Electronic Health Records. Its primary commercial products are Computer-Aided ICD-10 Coding for hospital stay coding and MZG registration, a SNOMED CT Annotation Tool, a SNOMED CT Resolver, and NLP-to-OMOP conversion services, sold on a subscription basis with on-site or cloud deployment to Belgian hospitals and healthcare IT integrators.

Product overview

Ibis.ai is a clinical language understanding company offering AI-based solutions for healthcare institutions. The product portfolio centers on a modular, container-based Clinical Language Understanding platform that processes unstructured medical text from Electronic Health Records. The core offerings include Computer-Aided ICD-10 Coding (for automated hospital stay coding and MZG registration) and a SNOMED CT Annotation Tool (for concept mapping and EHR migration). Additional products include the SNOMED CT Resolver for instant concept matching and NLP-to-OMOP conversion for standardized data formats. The platform supports both on-site and cloud deployment, giving healthcare institutions control over their data while enabling interoperability with existing EHR systems like NexuzHealth and ZORGI platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Clinical Language Understanding Platform Modular, container-based AI platform that applies data-driven NLP and deep learning to Electronic Health Record text, transforming unstructured medical data into ICD-10 codes, SNOMED CT concepts, and other structured outputs for hospital customers in Belgium.
• Computer-Aided ICD-10 Coding AI-driven computer-assisted coding product that automatically suggests ICD-10 codes for hospital stays in real time, shows evidence for each suggestion, supports SNOMED CT conversion, suggests clarifying questions, and combines text and structured data for Belgian MZG registration.
• SNOMED CT Annotation Tool Collaborative annotation tool for tagging patient records with relevant SNOMED CT concepts, offering automatic concept detection, real-time suggestions, self-learning capabilities, an integrated SNOMED CT browser, multi-user collaboration, integrated review, and a performance dashboard.
• SNOMED CT Resolver Standalone AI tool that instantly matches natural language queries to the correct SNOMED CT concept, allowing healthcare professionals to find appropriate clinical terminology using everyday language.
• NLP to OMOP Conversion Service that converts unstructured healthcare data from clinical text into the standardized OMOP (Observational Medical Outcomes Partnership) format to enable interoperability, research, and analytics.

Quantifiable outcome

• 18,000+ licensed beds supported across Belgium
• +2 more outcomes

Named customers14 records

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• ZorgicoreTechnology or Integration · 1 June 2024Zorgi automates MZG registration in hospitals with technology from ibis.ai. The partnership integrated xCode into Zorgi's xCare platform, providing AI-driven ICD-10 code suggestions in real-time for improved accuracy and streamlined administrative workflows.
• Edence.healthcoreStrategic or Co-development Partner · 1 November 2023Jointly supporting the NLP to OMOP project in collaboration with four hospitals (AZ Klina, AZ Oostende, AZ Delta, and OLVZ Aalst) to convert unstructured healthcare data into OMOP standard formats.
• NexuzHealthcoreTechnology or IntegrationIntegration with NexuzHealth hospital information system, demonstrated at the NexuzHealth summit in Antwerp, enabling Ibis.ai's CLU solutions within the NexuzHealth ecosystem.
• Start it @KBCminorOthersIbis.ai joined the Start it @KBC accelerator in March 2021 for startup support and growth acceleration.
• BlueHealth Innovation Center (BHIC)coreStrategic or Co-development PartnerCollaboration with BHIC hospital partners including AZ Klina and UZA on AI healthcare solutions, part of the BlueHealth Innovation Center ecosystem.
• THE InstituteminorGTM or Marketing PartnerParticipated in THE Institute's symposium 'Samen digitaal - impact van digitale innovatie op de zorg' focused on digital innovation impact in healthcare.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Notable: Healthcare workflow automation platform using AI for clinical documentation, coding, and administrative tasks. Comparable as an emerging AI-driven hospital workflow automation player.
• DeepScribe: AI medical scribe and clinical documentation automation company. Comparable as an emerging AI player focused on automating clinical documentation and coding workflows in healthcare.
• Regard: AI-powered clinical documentation and ICD coding platform for hospitals. Comparable as an emerging AI player focused on automating clinical coding and documentation workflows.
• Suki AI: AI-powered clinical documentation and coding assistant for healthcare providers. Comparable as an emerging AI-driven documentation and coding automation player targeting similar hospital/physician workflows.

Broad incumbents

• 3M Health Information Systems: Global leader in computer-assisted coding (CAC) and clinical documentation improvement for hospitals. Directly comparable to Ibis.ai's ICD-10 coding and clinical NLP offerings, but operates at vastly larger scale with broader geographic coverage.
• Microsoft Cloud for Healthcare: Major cloud platform offering healthcare data services, including clinical NLP, terminology mapping, and FHIR/OMOP interoperability. Represents a competitive threat as a broad incumbent with deep resources.
• Optum (formerly Nuance Communications): Healthcare AI/NLP powerhouse providing clinical documentation, medical coding, and ambient AI solutions to hospitals and physicians. Competes with Ibis.ai's CLU platform with significantly more resources and enterprise reach.
• Amazon Comprehend Medical: AWS-managed NLP service for extracting medical information from unstructured text, including ICD-10/SNOMED mapping. Comparable as a clinical NLP service but operated by a hyperscaler at global scale.

Direct peers

• Zorgi: Belgian healthcare IT vendor specializing in hospital administrative systems (xCare) and MZG registration automation using Ibis.ai's xCode technology. Comparable as a Belgium-based hospital IT/clinical coding solutions provider.
• Edence.health: Belgian health data platform working on NLP and OMOP data standardization. Directly comparable as a Belgian healthcare AI/terminology player and current collaboration partner of Ibis.ai on the NLP to OMOP project.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ibis-ai

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ibis.ai