Artificial Intelligence | Machine Learning CodaMetrix | Autonomous Medical Coding


Enterprise, Healthcare Technology, EHR Integration, Clinical Notes, Revenue Cycle, Medical Coding Boston, Massachusetts, United States

CodaMetrix

Artificial Intelligence | Machine Learning


CodaMetrix | Autonomous Medical Coding

CodaMetrix

Healthcare Technology, EHR Integration, Clinical Notes, Revenue Cycle, Medical Coding


Boston, Massachusetts, United States

We're reimagining the future of revenue cycle management with AI-powered autonomous coding.

CodaMetrix's cutting-edge, multi-specialty autonomous medical coding platform leverages AI to continuously learn from and act upon the clinical evidence in the EHR. We autonomously translate clinical notes into billing codes that satisfy coding requirements, ensuring claims consistently represent the unique and complete episode of care, reducing human coding workload, while improving the efficiency and optimizing the quality of medical coding.

We are a team of technology, healthcare, and revenue cycle experts committed to creating AI-powered solutions to reduce physicians’ administrative burden. When existing Computer Assisted Coding (CAC) and rules-based NLP solutions weren’t cutting it, the physician organizations at Mass General Brigham set out to create their own solution — CodaMetrix. CodaMetrix was founded in 2019 to refine and commercialize the CAC solution developed by the Massachusetts General Physician Organization’s Physician Billing Office and used to code cases from multiple specialties. We know that doctors didn’t go to medical school to learn how to code, and we know coders need technology to help them focus their expertise on complicated cases.

 
 

   Total Funding: $97M

   Funding Stage: Series B

   Business Stage: Scaling Up

   Market: B2B

   Company Size: 101 to 250

   Founded: 2019

Mar 2024

  • Funding: Funding : CodaMetrix raised $40M Series B round. Total funding reached to $95M

Nov 2023

  • Partnership: GE HealthCare and CodaMetrix Partner to Bring AI-Powered Automated Coding to More Healthcare Providers

Jul 2023

  • Other: CodaMetrix Joins the AWS Partner Network

May 2023

  • Product Launch: CodaMetrix’s Autonomous Bedside Pro Medical Coding Launches with Henry Ford Health
 
 

AI Startups Funding Deals IntelligenceTry for Free

Date

Round

$ Raised

Investors

03/12/2024

Series B

$40M

Transformation Capital, SignalFire, Frist Cressey Ventures

Date : 03/12/2024

Round: Series B

$ Raised: $40M

Investors: Transformation Capital, SignalFire, Frist Cressey Ventures

02/27/2023

Series A

$55M

SignalFire, Frist Cressey Ventures (FCV), Martin Ventures, Yale Medicine, CU Healthcare Innovation Fund, Mass General Brigham (MGB)

Date : 02/27/2023

Round: Series A

$ Raised: $55M

Investors: SignalFire, Frist Cressey Ventures (FCV), Martin Ventures, Yale Medicine, CU Healthcare Innovation Fund, Mass General Brigham (MGB)

 

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Hamid Tabatabaie

Hamid Tabatabaie
President, CEO

 
 

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