Codametrix Closes $55M Series A To Autonomously Power Medical Coding, Boost Health System Revenue Cycles
Codametrix Closes $55M Series A To Autonomously Power Medical Coding, Boost Health System Revenue Cycles
02/27/23, 7:22 PM
Location
bostonMoney raised
$55 million
Industry
information technology
Round Type
series a
Investors
Chris Scoggins, Mass General Brigham Physician Organizations, University Of Colorado Healthcare Innovation Fund, Yale Medicine, Martin Ventures, Frist Cressey Ventures, Signal Fire
CodaMetrix, the leading AI technology platform transforming healthcare revenue cycle management, today announced that it closed a $55 million Series A round led by SignalFire. Frist Cressey Ventures (FCV), Martin Ventures, Yale Medicine, University of Colorado Healthcare Innovation Fund, and Mass General Brigham physician organizations also participated in the round. Chris Scoggins, Partner at SignalFire, will join the CodaMetrix Board of Directors.
Company Info
Location
boston, massachusetts, united states
Additional Info
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.