Synaptec Health develops AI-powered medical coding software that automates the coding process with over 99% accuracy, significantly reducing completion times from hours to seconds. By charging a low per-chart fee, the solution lowers coding costs by over 60% compared to manual methods, allowing healthcare teams to focus on higher-value activities.
Funding
$4.2M 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
Manual medical coding is time-consuming, prone to errors, and costly, diverting healthcare teams from higher-value activities. The process often involves navigating complex coding guidelines and can result in inconsistencies and inaccuracies.
Solution
Synaptec Health offers an AI-powered medical coding software that automates the coding process with high accuracy and speed. The solution analyzes patient charts and generates complete and compliant codes, including ICD-10, E/M, and CPT codes with modifiers, in seconds. By automating repetitive tasks, Synaptec Health reduces coding costs and allows healthcare teams to focus on more strategic initiatives. The software integrates with existing industry APIs and data formats, ensuring compatibility with various coding and billing systems.
Target Audience
Synaptec Health primarily serves healthcare providers, medical coding teams, and billing companies seeking to automate and improve the accuracy of their medical coding processes.
Features
- AI-powered coding engine trained on millions of charts from expert human coders
- Automated generation of ICD-10, E/M, and CPT codes with modifiers
- Coding accuracy exceeding 96%
- Chart processing times measured in seconds
- Compatibility with industry standard formats (HL7, CDA, XML, CSV, JSON) and proprietary systems
- Individual and summary reports for all coded charts
- Support for customizable internal use codes and payor-specific documentation requirements
- Automatic re-coding upon receipt of additional documentation
- Secure, HIPAA-compliant US-based infrastructure with data encryption during transport and at rest