CodaMetrix vs Fathom Health Detailed comparison features, price

CodaMetrix

CodaMetrix leverages artificial intelligence to automate the complex process of medical coding within the healthcare revenue cycle. Its platform is designed to seamlessly integrate into existing workflows, reducing the manual burden on coding staff and physicians. By processing clinical documentation, it accurately assigns the necessary medical codes required for billing and patient care records.

This automation leads to significant improvements in operational efficiency, including drastically reduced turnaround times for coding and substantial cost savings. The system enhances coding accuracy, which minimizes claim denials and optimizes revenue capture for health systems. It supports various care models, from fee-for-service to value-based care, ensuring compliance and financial stability for provider organizations.

Fathom Health

Fathom Health provides advanced autonomous medical coding solutions engineered to optimize revenue cycle operations within the healthcare sector. Its core AI technology automates the coding of medical charts with exceptional accuracy, demonstrating the capacity to process millions of encounters daily. This service is designed to substantially lower coding expenditures, drastically reduce turnaround times, and minimize risks associated with claim denials and audits through dependable and secure coding practices.

The platform seamlessly integrates with established workflows, offering versatile services such as complete production coding automation, assistance with backlog processing during peak times or staffing gaps, and real-time auditing capabilities for human coding teams. Fathom Health highlights its proven ability to deliver significant cost reductions, improved processing speed, high coding accuracy, scalable operations, consistent reliability, and stringent security, underscored by its HITRUST i1 Certification for protecting patient health information.

Pricing

CodaMetrix Pricing

Contact for Pricing

CodaMetrix offers Contact for Pricing pricing .

Fathom Health Pricing

Contact for Pricing

Fathom Health offers Contact for Pricing pricing .

Features

CodaMetrix

Autonomous Medical Coding: Automates over 96% of cases across specialties into accurate medical codes.
Seamless Workflow Integration: Operates without requiring changes to existing healthcare provider workflows.
Denial Reduction: Significantly lowers coding-related claim denials.
Cost Reduction: Achieves over 30% savings on coding costs and reduces manual coding effort by 60-70%.
Increased Speed: Delivers coding results up to 5 times faster than manual processes.
Transparency and Traceability: Provides visibility into the reasoning behind every coding decision.
Multi-Specialty Support: Applicable across various medical specialties.

Fathom Health

Autonomous Medical Coding: AI automatically codes medical charts with high accuracy.
Scalability: Processes millions of charts per day to meet high volume demands.
Cost Reduction: Reduces total coding operation costs by up to 50%.
Speed Enhancement: Significantly cuts coding turnaround times.
Accuracy Improvement: Reduces claim denials and mitigates audit risk.
Flexible Service Models: Offers production coding, backlog processing, and real-time auditing.
Security Compliance: HITRUST i1 Certified for data protection and privacy.

Use Cases

CodaMetrix Use Cases

Automating routine medical coding tasks for hospitals and health systems.
Reducing coding backlogs and improving turnaround times.
Lowering operational costs associated with manual coding.
Minimizing claim denials due to coding errors.
Improving revenue cycle efficiency and financial performance.
Freeing up physician and coder time for more complex tasks.
Supporting transition to value-based care models through accurate coding.

Fathom Health Use Cases

Automating high-volume medical coding for hospitals and healthcare systems.
Processing coding backlogs efficiently during staffing shortages or seasonal spikes.
Conducting real-time audits of human coder performance.
Streamlining revenue cycle management processes.
Reducing operational costs associated with manual medical coding.
Improving coding accuracy to minimize claim denials and ensure compliance.