Fathom offers an AI-powered medical coding automation platform that can process millions of charts daily with over 90% accuracy, significantly reducing coding costs by up to 50%. The platform addresses staffing challenges and accelerates coding turnaround times, ensuring reliable and secure operations for healthcare providers.
Funding
$60.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Healthcare providers face challenges in medical coding, including staffing shortages, rising operational costs, and slow turnaround times, which can lead to revenue cycle delays and compliance risks. Traditional coding processes are often manual, error-prone, and unable to efficiently handle large volumes of patient charts.
Solution
Fathom provides an AI-powered autonomous medical coding platform designed to automate the coding process with high accuracy and speed. The platform can process millions of charts daily, significantly reducing coding costs and accelerating turnaround times. By automating a substantial portion of coding volumes, Fathom helps healthcare organizations overcome staffing limitations, improve coding accuracy, and ensure reliable and secure operations. The platform offers production coding, backlog processing, and real-time audit services, tailoring to different workflow needs.
Target Audience
Fathom primarily serves healthcare providers, including hospitals, clinics, and revenue cycle management companies, seeking to automate medical coding, reduce costs, and improve accuracy.
Features
- AI-driven autonomous coding engine capable of 90%+ automation rates
- Processes millions of charts per day with consistent accuracy
- Reduces coding operational costs by up to 50%
- Real-time auditing capabilities to review and correct coding errors
- Integrates with existing healthcare systems and revenue cycle operations
- HITRUST i1 Certification validating high standards for data protection and privacy
- Available in Epic's Toolbox program within the Fully Autonomous Coding category