The startup operates an on-demand medical coding platform that connects hospitals with certified medical coders through a streamlined healthcare software system. This platform reconciles medical records efficiently, enabling hospitals to achieve accurate coding and improve system management.
Funding
$23M 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 often face challenges in maintaining consistent and accurate medical coding due to staffing fluctuations, backlogs, and the complexities of evolving coding standards. This can lead to increased denials, reduced revenue, and potential compliance issues. Traditional coding models may also suffer from IT security vulnerabilities.
Solution
KODE offers a platform that connects healthcare providers with a network of certified medical coders, providing on-demand access to coding professionals without long-term commitments. The platform is designed to address workflow and staffing fluctuations, helping healthcare organizations eliminate backlogs and reduce DNFB (Discharged Not Final Billed). KODE handles credentialing, assessments, scheduling, and audits, offering a fully managed team that integrates with existing internal staff and vendors. The platform utilizes security protocols to ensure data protection, mitigating IT security risks associated with traditional coding models.
Target Audience
The primary customers are healthcare providers, including hospitals and clinics, seeking flexible and scalable medical coding solutions to improve coding accuracy, reduce backlogs, and optimize revenue cycle management.
Features
- Access to a network of over 5,500 qualified, domestic medical coders.
- Scalable coding support to address workflow and staffing fluctuations.
- Comprehensive management of coding teams, including credentialing, assessments, and audits.
- 24/7 access to team productivity and charge data.
- Flexible engagements with transparent pricing and no contract minimums.
- Integration with existing internal staff and vendors.
- Secure platform utilizing the latest technology and protocols to protect sensitive information.