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Top 7 Utilization Management Software Companies Under $1M Revenue (September 2026)

As of September 2026, Latka tracks 7 utilization management software companies under $1M in annual revenue. They have combined revenues of $3.5M and employ 32 people.

Every company below sells utilization management software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Utilization Management Software Companies do

Utilization Management Software (UMS) is designed to streamline the review and approval processes for healthcare services, ensuring that treatment choices are necessary, appropriate, and efficient. Primarily used by healthcare providers, payers, and case management teams, UMS helps prioritize care based on clinical urgency, manage approvals and communications, and analyze utilization patterns to prevent overuse or underuse of healthcare services. Typical features of UMS include automated authorization workflows, real-time case tracking, data analytics for utilization patterns, and integrated communication tools for liaising with members and providers. The software plays a critical role in enhancing patient care while improving operational efficiency, making it an essential tool for healthcare organizations looking to optimize resource utilization and manage costs effectively. The common user personas include healthcare administrators, case managers, and clinical staff who require real-time data and insights to make informed decisions. UMS is fundamental for organizations focused on ensuring quality care delivery while simultaneously managing costs and compliance with healthcare regulations.

Companies
7
Revenue
$3.5M
Funding
-
Employees
32

Filters

Sorting: Highest -> Lowest

Filters

Top Utilization Management Software Companies Under $1M Revenue

Showing 7 of 7 companies ranked by annual revenue.

1Medical Tracking Solutions logo
Medical Tracking Solutions

Jacksonville, Florida, United States

Medical Tracking Solutions, Inc. was established by an experienced team of industry professionals with expertise in the areas of medical device sales, distribution, logistics, loaner kit processing, and software development. The MTS team’s own intimate understanding of the medical industry's challenges and the critical need for solving the many problems associated with field inventory, multi-level bill of material tracking, and mobile inventory, is what prompted the development of MTS’s first product, iTraycer. iTraycer iTraycer is a comprehensive inventory management system that assists medical device and biologic companies, and their distributors, in better managing the challenges of field inventory. iTraycer does this through a customized SaaS Web Suite, a GMP compliant Receiver Manager, and an intuitive Mobile Application. The iTraycer solution gives real time visibility of each field inventory transaction improving sales efficiency and engagement, increasing operational efficiencies while reducing costs with improved cash flow. This can result in a 2% to 4% improvement in operating income.

Revenue
$880K
Year founded
2009
Team size
8
2HONEYPOTZ, INC. logo
HONEYPOTZ, INC.

Dover, Delaware, United States

Platform for Confidential Computing and Federated Machine Learning, DevOps automation. Honeypotz has been accepted into the acceleration program https://fastercapital.com looking to raise $3Mln

Revenue
$660K
Year founded
2016
Team size
6
3TREEAGE SOFTWARE, LLC logo
TREEAGE SOFTWARE, LLC

Williamstown, Massachusetts, United States

TreeAge Pro is the leading visual tool for creating and analyzing decision trees and Markov models across Business, Legal and Healthcare industries. TreeAge Pro has been commercially supported for over 30 years and is led by a team of scientists, engineers and product support staff committed to your success. Powerful, Flexible Decision-Making with TreeAge Pro.

Revenue
$550K
Team size
5
4Avedon Health Systems logo
Avedon Health Systems

Clearwater, Florida, United States

Avedon Medical Management Solutions The AveCare Software platform enables collaborative care through integrated solutions for: Case Management Disease Management Utilization Management Patient Advocacy With a seamless integration of Care Management functions and streamlined workload management capability, our AveCare Care Management Software enables Health Plans, Third Party Administrators (TPAs), Independent Review Organizations (IROs), Physician Networks and other Healthcare Delivery Organizations to optimize clinical and financial resources while improving patient outcomes.

Revenue
$440K
Year founded
2007
Team size
4
5SIRIUS Software Inc logo
SIRIUS Software Inc

Quebec, Quebec, Canada

We offer various software solutions that will help you manage your projects, timesheets, business processes, assignments and your resources. Achievements and knowhow of our resources allow us to be prominent in several sectors of activities. Many customers who use our management solutions find that they help them to serve and contribute to the achievement of their goals.

Revenue
$440K
Year founded
1997
Team size
4
6WiserTogether, Inc. logo
WiserTogether, Inc.

Washington, District of Columbia, United States

WiserTogether’s personalized healthcare treatment comparison software enables consumers to choose the right treatment – most effective in outcome, most personally suitable, and most cost-effective and affordable. The result is improved health and improved costs for consumers, their employers, payers and providers. The company serves over 3 million people through their employers and health plans. For more information about WiserTogether, please visit our website at www.wisertogether.com.

Revenue
$330K
Year founded
2008
Team size
3
7BlueNote Software, LLC logo
BlueNote Software, LLC

Keller, Texas, United States

BlueNote Communicator Lights is our flagship product. It is a glanceable intercom app that translates all the real-time dynamics of a practice into an intuitive method to keep a practice aware of emergent needs without logins or ongoing costs.

Revenue
$220K
Year founded
2004
Team size
2

Frequently asked questions about Utilization Management Software Companies Under $1M Revenue

How many utilization management software companies under $1M in annual revenue are there?

Latka tracks 7 utilization management software companies under $1M in annual revenue. Together they generate $3.5M in annual revenue and employ 32 people.

Which utilization management software company under $1M in annual revenue is the largest?

Medical Tracking Solutions is the largest, with $880K in annual revenue, founded in 2009.

How much revenue does a typical utilization management software company under $1M in annual revenue make?

The average utilization management software company in this list makes $502.9K a year, across 7 companies with reported revenue.

Who are the leading Utilization Management software vendors under $1M in annual revenue?

Ranked by annual revenue, the leaders are Medical Tracking Solutions, HONEYPOTZ, INC., TREEAGE SOFTWARE, LLC, Avedon Health Systems and SIRIUS Software Inc.

Related Vertical Industry Software categories

Inclusion Criteria

- Must facilitate the review process for healthcare service authorizations. - Should provide real-time analytics on patient utilization data. - Must support automated workflows for handling authorization requests. - Should enhance communication between providers and patients regarding care needs. - Must assist with identifying overutilization or underutilization of services. - Not just focused on billing; must also evaluate clinical necessity and appropriateness.