Products

CMX CARE
CodaMetrix
Medical Billing & RCM
CodaMetrix offers an AI-powered contextual coding automation platform designed to transform healthcare operations by improving coding quality and performance, reducing manual work, and strengthening financial foundations for health systems.

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About CodaMetrix

CodaMetrix is a healthcare AI company that provides an AI-powered platform for multi-specialty medical coding. The platform is designed to automate the complex process of translating clinical notes from electronic health records (EHRs) into accurate billing and diagnostic codes. This technology leverages machine learning, deep learning, and natural language processing to continuously learn from clinical evidence, recommend codes, and streamline the revenue cycle.

For physicians, CodaMetrix aims to significantly reduce the administrative burden associated with medical coding, allowing them to focus more on patient care rather than documentation. By automating coding tasks, the platform helps improve coding quality and accuracy, reduce costly claims denials, and accelerate the time to cash for healthcare systems. It was initially developed as a homegrown solution by the Massachusetts General Physician Organization’s billing office to handle complex, multispecialty cases, reflecting its purpose-built design by providers, for providers.

The CodaMetrix solution is deployed at numerous premier provider organizations and health systems, representing a significant number of hospitals and providers. It offers real-time audit capabilities and seamless EHR integration, which serve as a feedback loop to continuously enhance the AI’s learning and performance. The company’s focus is on transforming medical coding into a more efficient, accurate, and clinically valuable process across various specialties, including radiology, pathology, GI, surgery, endoscopy, and evaluation and management.

Focus Areas

AI-powered medical coding automation revenue cycle management contextual coding natural language processing (NLP) machine learning (ML) deep learning reducing administrative burden improving coding quality reducing denials accelerating time to cash radiology pathology GI surgery evaluation & management endoscopy bedside professional coding emergency department coding

Business Intelligence

Key InvestorsTransformation Capital, SignalFire, Frist Cressey Ventures, CU Healthcare Innovation Fund, Martin Ventures, Mass General Brigham Ventures
PartnershipsMass General Brigham, University of Colorado Medicine, Mount Sinai Health System, Yale Medicine, Henry Ford Health, University of Miami Health System, UC San Diego Health, GE Healthcare, Epic Toolbox
TechnologyCMX CARE™ platform, AI-Powered Contextual Coding Automation, machine learning, deep learning, natural language processing (NLP), cloud-native, deep EHR integration, real-time feedback and audit loops

What Physicians Need to Know

AI-Powered Medical Coding Automation
CodaMetrix leverages advanced AI, including Machine Learning, Deep Learning, and Natural Language Processing (NLP), to autonomously translate clinical notes from EHRs into accurate billing and diagnostic codes. This significantly reduces the need for manual coding.
Revenue Cycle Management (RCM) Optimization
The platform streamlines the revenue cycle by accelerating time to cash (up to 5 weeks), reducing coding costs (up to 60%), and decreasing claims denials (up to 70%). It shifts focus from reactive denial management to proactive prevention.
Contextual & Autonomous Coding
CodaMetrix's CMX CAREu2122 platform provides contextual coding automation, transforming clinical documentation into a patient-centric, longitudinal view of care. It identifies and applies appropriate codes at the earliest opportunity, continuously learning from coding decisions.
Reduced Administrative Burden
By automating a significant portion of the coding workload (up to 70% reduction in manual coding), CodaMetrix frees up human coders and clinical teams, addressing workforce shortages and reducing burnout.
Improved Coding Quality & Accuracy
The AI-driven system ensures high coding accuracy (average 98%) and consistency, leading to more precise and complete clinical data. It also provides real-time compliance monitoring and detailed audit trails.
Multi-Specialty Coverage
CodaMetrix offers autonomous coding across a growing range of specialties and sub-specialties, including Radiology, Pathology, GI, Surgery, Evaluation & Management (E&M), Endoscopy, Bedside Professional Coding, and Emergency Department Coding.
High Automation Rates
The platform achieves high successful automation rates, with an average above 96% across its client base, and specific examples like 92% for Radiology cases and 86% at UMass Memorial Health System.
Physician Tip

For physicians, CodaMetrix stands out by significantly reducing the administrative burden associated with medical coding, allowing more time to focus on patient care and less on tedious documentation. The platform improves the clinical specificity and completeness of codes, ensuring that claims accurately reflect the unique and full episode of care, which can lead to better reimbursement and compliance. By minimizing coding errors and denials, it indirectly alleviates the financial strain on healthcare systems, contributing to a more stable environment for providers. The system's ability to learn and adapt continuously also means more accurate coding even with evolving guidelines, reducing the need for physicians to constantly adjust their documentation for billing purposes.

CodaMetrix features deep EHR integration, notably being an Epic Toolbox designated solution for fully autonomous coding. It is also an AWS Partner Network member, leveraging AWS for seamless integration with EHRs and billing departments at leading healthcare organizations. The platform is designed to fit existing workflows with minimal tech lift.

Products by CodaMetrix

1 product in the directory

CMX CARE
CodaMetrix
Medical Billing & RCM
CodaMetrix offers an AI-powered contextual coding automation platform designed to transform healthcare operations by improving coding quality and performance, reducing manual work, and strengthening financial foundations for health systems.

What the Web Says

CodaMetrix is an AI-powered autonomous medical coding platform that has received positive reviews, particularly for its product capabilities and impact on revenue cycle management in large healthcare systems. It was ranked #1 in the 2026 Best in KLAS report for autonomous medical coding, a distinction based on feedback from live health system deployments. While product reviews are generally strong, there is limited public information available regarding company/employer reviews on platforms like Glassdoor or Capterra, and no clinician sentiment found on Reddit.

Overall: Positive

Strengths

  • Reduces coding costs by up to 60%.
  • Decreases claim denials by up to 70%.
  • Achieves high automation accuracy, exceeding 96%.
  • Seamless integration with existing EHR systems, especially Epic and Cerner.
  • Accelerates time to cash by up to 5 weeks.
  • Reduces manual coding workload by up to 70%.

Limitations

  • Enterprise-only pricing, disclosed under NDA, with six-figure annual commitments.
  • Not suitable for solo practices or small groups due to pricing and sales process.
  • Integration with Cerner can be custom-scoped and may require additional API work.
  • Deployment can take 6-9 months, with a full fiscal year needed to realize projected productivity gains.
  • Does not handle evaluation and management (E&M) level assignment with the same confidence as diagnosis coding.
  • Limited public clinician sentiment or peer-reviewed studies available.

Based on reviews from: MedAI Verdict, SelectHub, Gartner, Elion Health, KLAS Research, G2, Reddit, Indeed.com, Built In Boston

Last updated: 2026-08-04

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Press & Coverage

Business Wire
CodaMetrix Announces $40M Series B Financing to Advance Medical Coding Quality and Clinically Enrich Claims Data Through AI
CodaMetrix closed its $40 million Series B funding round, led by Transformation Capital, to further develop its AI solution for transforming healthcare and revenue cycle management. The platform aims to achieve high accuracy and compliance in autonomous coding, enabling doctors to focus on patient care.
2024-03
Fierce Healthcare
HIMSS24: CodaMetrix pockets $40M series B to build out AI-based revenue cycle tools
CodaMetrix secured $40 million in Series B funding to expand its AI-based solutions for automated coding in healthcare billing and revenue cycle management. The company's CEO, Hamid Tabatabaie, highlighted the opportunity to use AI to improve coding quality, reduce costs, and alleviate administrative burdens.
2024-03
PR Newswire
CodaMetrix Announces A New Look, But Same Commitment to High Quality Automated Medical Coding
CodaMetrix announced a rebrand with a new logo, tagline, and color palette, while maintaining its commitment to automating medical coding with AI. The company's platform offers autonomous coding and decision support across various specialties and has secured $95 million in funding across Series A and B rounds.
2025-03
PR Newswire
CodaMetrix Chosen by Health Systems Representing $180B in Net Patient Revenue
CodaMetrix announced the launch of its CMX CARE contextual coding automation platform and a new Emergency Department (ED) solution, alongside an expansion of its executive leadership team. The company's customers represent 12% of the U.S. total net patient revenue.
2025-06
Press Release - CodaMetrix
CodaMetrix's AI Platform Now Available in Epic Toolbox to Transform $20B Medical Coding Sector
CodaMetrix announced that its AI Platform achieved Epic Toolbox designation for fully autonomous coding. The platform aims to address underutilized and clinically insufficient medical codes, serving health systems using Epic in over 220 hospitals.
2024-08
PR Newswire
CodaMetrix Convenes National Council of Health System Leaders to Advance Industry Standards for Medical Coding Quality and Accuracy
CodaMetrix announced the formation of its Coding Quality Council, an industry-first governance body of healthcare system leaders and subject matter experts. The council aims to establish transparent and consistent approaches to evaluating coding quality for both human and AI-generated coding.
2026-06
CodaMetrix (via PR Newswire)
CodaMetrix Named No. 1 in Inaugural Best in KLAS Title for Autonomous Medical Coding
CodaMetrix was recognized as the No. 1 Best in KLAS for Autonomous Medical Coding. This recognition highlights the company's leadership in transforming revenue cycle operations through enterprise-grade AI automation.
2026-02
Press Release - CodaMetrix
CodaMetrix's Autonomous Bedside Pro Medical Coding Launches with Henry Ford Health
CodaMetrix expanded its multi-specialty autonomous medical coding platform to include bedside professional coding, launching with Henry Ford Health. This expansion aims to reduce administrative burden for physicians and medical coders and improve financial and operational efficiency.
2023-05

Frequently Asked Questions

CodaMetrix is an AI-powered SaaS platform that automates medical coding by leveraging machine learning, deep learning, and natural language processing to translate clinical notes into accurate billing codes. This significantly reduces administrative burden, improves coding quality, and accelerates your revenue cycle by minimizing denials and speeding up time to cash.
CodaMetrix's CMX CARE platform provides enterprise-grade autonomous coding across a wide range of specialties, including Radiology, Pathology, GI, Surgery, Endoscopy, and Evaluation & Management. It also supports bedside professional coding and has a newly launched Emergency Department (ED) coding automation module.
CodaMetrix achieves an average coding accuracy of 98% by using clinically validated data and a longitudinal view of patient records, which provides comprehensive contextual coding. The platform also offers real-time compliance monitoring, detailed audit trails, and is HIPAA, SOC 2 Type 2, and ISO 27001 compliant to ensure adherence to coding standards and minimize audit risk.
Health systems using CodaMetrix have reported significant benefits, including up to a 60% reduction in coding-related denials, a 70% reduction in manual coding workload, and a 5-week acceleration in time to cash. The platform aims to deliver a 5x return on investment over five years by cutting direct coding costs and improving efficiency.
CodaMetrix is designed for seamless integration with EHRs and is specifically available in the Epic Toolbox, indicating deep integration capabilities. Its platform processes clinical documentation from the EHR to autonomously generate billing codes, ensuring a continuous feedback loop for ongoing improvement.
While specific pricing models are not publicly detailed, CodaMetrix aims to provide a cost-effective solution, with clients experiencing up to a 30% lower cost compared to traditional coding methods and over 50% reduction in coding costs. The platform's automation reduces the need for extensive human coding, leading to significant savings and improved financial outcomes.
CodaMetrix, founded in 2019 as a spin-off from Mass General Brigham, has demonstrated strong stability and growth, securing $95 million in Series A and B funding. They serve over 25 premier health systems, representing 220 hospitals in 27 states, and were recently named No. 1 in the 2026 Best in KLAS for Autonomous Coding.

Investors

Who's funded CodaMetrix.

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