Fathom Secures Investment From Vituity’s Inflect Health

Fathom is the first medical coding automation company to receive investment from a national physician group

Fathom, the leader in AI medical coding automation, announced it received a strategic investment from Inflect Health, the innovation hub of Vituity, one of the largest physician-led provider groups in the United States. Fathom will use the investment to drive innovation and the performance of its industry-leading platform to improve the speed and accuracy of medical coding.

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“We seek investment partners who bring revolutionary technology that critically impacts healthcare”

“The Inflect Health team is on the forefront of healthcare innovation and transformation and their approach to the revenue cycle is no different,” said Andrew Lockhart, Fathom CEO. “Their investment is strong validation of Fathom’s technology and demonstrates confidence in our ability to deliver reliable and accurate coding at unparalleled automation rates as we positively impact health organizations’ operations and revenues.”

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In addition to capital from the innovation hub, Fathom will leverage Vituity’s expertise in the revenue cycle as it refines the Fathom platform to alleviate staffing challenges, reduce denials and mitigate audit risk. Fathom is the only medical coding platform that can fully and accurately automate over 90% of emergency department encounters.

“We seek investment partners who bring revolutionary technology that critically impacts healthcare,” said Inflect Health’s President Andrew Smith. “Fathom, with its ground-breaking automation and commitment to continuous innovation, is a company we believe has the power to revolutionize RCM for health systems and practices.”

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