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.
    • ...

Today's Sponsors

Venturous
Got healthcare questions? Just ask Transcarent

Today's Sponsor

Venturous

Continue Reading

 
Topics: AI (Artificial Intelligence), HIM (Health Inf Mgmt), Investments, RCM (Revenue Cycle Mgmt), Technology, Trends
Related Articles:
Apple Intelligence Comes To Vision Pro With VisionOS 2.4
Mental health provider launches AI initiative to train therapists
Emergence AI’s new system automatically creates AI agents rapidly in realtime based on the work at hand
AI empathy is a good fit for behavioral and mental healthcare
Report: Alibaba to Release Upgraded Qwen 3 AI Model in Late April

Share This Article