HIT Consultant March 12, 2024
Fred Pennic

What You Should Know:

– CodaMetrix, a provider of artificial intelligence (AI) solutions for healthcare revenue cycle management, has announced the successful closing of its $40 million Series B funding round led by Transformation Capital with participation from existing investors SignalFire, Series A lead, and Frist Cressey Ventures.

– The Series B funding round will fuel further development of CodaMetrix’s AI-powered platform, designed to streamline medical coding, improve data quality, and ultimately transform healthcare delivery.

CodaMetrix’s AI Solution

Founded in 2019, CodaMetrix CodaMetrix addresses a critical challenge in healthcare: the inefficiency and burden associated with medical coding. CodaMetrix’s AI platform tackles these issues head-on by delivering:

  • Automation: Automating key tasks frees up valuable staff time and reduces human error.
    • ...

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Topics: AI (Artificial Intelligence), HIM (Health Inf Mgmt), Investments, RCM (Revenue Cycle Mgmt), Technology, Trends
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