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CodaMetrix logo — Enabling faster revenue and decreased costs with touchless,...

CodaMetrix

Enabling faster revenue and decreased costs with touchless, clinically specific, autonomous medical coding.

Founded 2019 United States Boston, United States 146 employees Series B Total: $95.00M AI, Digital Health +1

General Information

Company Name CodaMetrix
Founded Year 2019
Location United States Boston, United States +1
Employees 146
Industries AI, Digital Health, Health Care
Funding Stage Series B
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About CodaMetrix

CodaMetrix is a Health Care startup founded in 2019, with its headquarters in the United States. The company aims to enable faster revenue and decreased costs with touchless, clinically specific, autonomous medical 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. This results in the autonomous translation of clinical notes into billing codes that satisfy coding requirements, ensuring that claims consistently represent the unique and complete episode of care. This not only reduces human coding workload but also improves the efficiency and optimizes the quality of medical coding across different specialties. The latest milestone for CodaMetrix was a significant $40.00M Series B investment at 12 March 2024. This demonstrates strong confidence from investors in the company's mission and potential. The investors in this latest round included SignalFire, Frist Cressey Ventures, and Transformation Capital, showcasing the trust of renowned firms in the company's vision and technology. This infusion of capital is expected to further fuel the company's growth and technological advancements in the medical coding space.

Taxonomy: Healthcare IT, EHR Integration, Clinical Notes, Revenue Cycle Management, Medical Coding, Autonomous Technology, Deep Learning, Natural Language Processing

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 3
Investor Investor Investor
12 Mar 2024
Series A •••••• 6
Investor Investor Investor Investor
•••• •••• 		27 Feb 2023

CodaMetrix Alternatives & Competitors

CodaMetrix vs
Nym
Nym United States

Medical Coding Simplified.

Series A
232 employees
Analytics, Automation
Compare CodaMetrix vs Nym
CodaMetrix vs
MedKoder, LLC
MedKoder, LLC United States

Medical Coding with Financial Peace

62 employees
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Compare CodaMetrix vs MedKoder, LLC
CodaMetrix vs
Coding Concepts
Coding Concepts United States

Innovative Coding Solutions

22 employees
Also compare with: CodaMetrix vs AESOP Technology AESOP Technology

FAQ About CodaMetrix

Enabling faster revenue and decreased costs with touchless, clinically specific, autonomous medical coding.
CodaMetrix was founded in 2019.
CodaMetrix is headquartered in Boston, United States.
CodaMetrix operates in the following industries: AI, Digital Health, Health Care.
CodaMetrix has approximately 146 employees.
CodaMetrix has completed 2 funding rounds, raising a total of $95.00M. The latest funding stage is Series B.
Top alternatives and competitors to CodaMetrix include Nym, MedKoder, LLC, Coding Concepts, DocuComp LLC, Care Communications, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CodaMetrix and Nym are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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