CodaMetrix

CodaMetrix (operating at codametrix.com) is an AI-powered medical coding platform engineered for healthcare revenue cycle management. Founded in 2019 by co-founders Hamid Tabatabaie and Michael Mercurio and headquartered in Boston, MA, CodaMetrix revolutionizes how healthcare organizations handle medical coding by automating a traditionally manual and error-prone process. Under the hood, its CMX CARE™ platform leverages advanced AI to translate clinical documentation into accurate, context-aware coding—reducing human intervention while maintaining compliance. This allows hospitals, health systems, and physician networks to slash coding costs by over 50%, cut manual coding efforts by more than 70%, and lower denials tied to coding inaccuracies. Backed by $109M in funding across three rounds, CodaMetrix serves 500+ hospitals and 100,000+ physicians, including 30+ Epic health systems, positioning itself as a leader in autonomous medical coding solutions.