What's the impact of Fathom AI medical coding? ApolloMD's C-suite can tell you. Watch senior operations, IT, and quality leaders at ApolloMD describe their experience with Fathom autonomous medical coding. By implementing Fathom, this 1,500-physician, nationwide group has achieved industry-leading automation rates, significantly reduced costs, and relieved coding staffing challenges -- all while shortening coding turnarounds from days to hours. #medicalcoding #medicalbilling #revenuecyclemanagement #artificialintelligence #healthcare
Fathom
Hospitals and Health Care
San Francisco, California 5,610 followers
AI-powered medical coding automation
About us
Fathom is on a mission to structure clinical data to bring efficiency and efficacy to healthcare systems around the world. We are the leader in autonomous medical coding, applying cutting-edge deep learning and NLP to code patient encounters with the highest automation rates and the broadest specialty coverage. Our AI technology delivers reduced costs, increased accuracy, and rapid turnaround times. We are backed by world-class investors including Lightspeed, Alkeon Capital, Google Ventures, 8VC, and Stanford as well as leading health systems and healthcare executives such as Cedars-Sinai and Jonathan Bush.
- Website
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http://fathomhealth.com
External link for Fathom
- Industry
- Hospitals and Health Care
- Company size
- 51-200 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2017
- Specialties
- deep learning, artificial intelligence, revenue cycle management, medical coding, AI, software engineering, TensorFlow, big data, machine learning, automation, medical coding automation, autonomous medical coding, revenue cycle automation, and RCM automation
Locations
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Primary
51 Federal Street
Suite 204
San Francisco, California 94107, US
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26 Broadway
Suite 353
New York, NY 10004, US
Employees at Fathom
Updates
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We're kicking off a great time at RISE West in Colorado Springs! The Fathom team is all here at booth 205 at the Broadmoor – Amit Jayakar, Arielle Dyment, David Blanchard, Austin Ward, Andrew Lockhart. Stop by, spin our famous prize wheel, and learn about our autonomous risk-adjustment coding! Tomorrow at 2:25 p.m., don't miss the Track A session "From NLP to Deep Learning AI: Decoding the Latest Tech for Risk-Adjustment, Quality, and Compliance." RaeAnn Grossman and Andrew Lockhart will cover recent regulatory changes, major developments in risk-adjustment coding technology, and real case studies. Drop by, say hi, and bring all your top-of-mind questions! #MedicalCoding #MedicalBilling #RevenueCycleManagement #ArtificialIntelligence #Healthcare #RISEWest
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🚨Deloitte's latest survey of 60 health system finance leaders highlights some key shifts in operating priorities. Here’s how forward-thinking health systems are adapting with the help of AI. Increasing operating margins: With 78% of CFOs focused on improving margins, it’s clear that cost reduction alone is not enough. Instead, CFOs are placing higher priority on "strategic growth" and "revenue growth" levers to help margins recover to pre-pandemic levels. Supporting this margin improvement approach, autonomous coding reduces costs and improves revenue capture through higher accuracy while scaling to meet the needs of increased patient volumes. Improving workforce efficiency: Chronic staffing challenges – including labor shortages, turnover, and burnout – continue to strain health systems. On revenue cycle teams, AI coding alleviates this burden by automating 90%+ of outpatient encounters, freeing up significant time and resources to focus on the highest-value, most complex claims and managing denials. Read the full survey findings here: https://lnkd.in/gpVmeWTA Thank you to Tina Wheeler, Bill Laughlin, Temano Shurland, Jason Barnes, Maulesh Shukla, and Madhushree Wagh for their insights! #MedicalCoding #MedicalBilling #RevenueCycleManagement #ArtificialIntelligence #Healthcare
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See you in Colorado Springs next week? 🏔️ Fathom is thrilled to return to RISE West to connect with health plan and managed care leaders about the latest advances in autonomous coding for risk-adjustment, quality, and compliance. We're also proud to have our CEO, Andrew Lockhart, co-chairing this year! Stop by Booth 205 to say hi 👋 to the Fathom team – including Andrew Lockhart, David Blanchard, Amit Jayakar, Austin Ward, and Arielle Dyment – and try your luck at our prize wheel to win some of our famous swag! Swipe through the carousel to check out our cozy ICD-10 coding apparel and iconic Nike shoes. On Thursday, mark your calendar for "From NLP to Deep Learning AI: Decoding the Latest Tech for Risk-Adjustment, Quality, and Compliance," at 2:25-3:10 pm. Featuring RaeAnn Grossman and Andrew Lockhart, this session will cover: ✨ Industry update: Assess regulatory changes and health plan objectives to increase completeness, specificity, and accuracy of RA coding while mitigating compliance risk. ✨ Technology evolution: Understand major developments in risk-adjustment coding technology – from yesterday's NLP to today's deep-learning AI – for retrospective, concurrent, and prospective reviews. ✨ Use cases: Explore the impact of deep-learning AI for RA coding and quality through real case studies. Learn how to strengthen compliance and improve results to drive ROI. Looking forward to seeing you there! #MedicalCoding #MedicalBilling #RevenueCycleManagement #ArtificialIntelligence #Healthcare #RISEWest
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Introducing Dave Hughes, Engineering Manager! Dave is a key member of Fathom's Engineering team and based in our San Francisco office. Before joining us, he honed his skills at Intel Corporation, Google, Verily Life Sciences, and Revvable. "I've always been interested in the intersection of software, AI, and healthcare … When the opportunity at Fathom presented itself, I leapt at it. I really wanted to work in an AI company that was focused on healthcare, and Fathom piqued even more of my interest by using AI to address real problems and inefficiencies." Dave's had some pretty cool experiences along the way. Want to get to know him better? Let’s play two truths and a lie: 1. He worked with the FBI to help take down the biggest botnet in the world. 2. Stephen Hawking was one of his customers. 3. He’s a pro-level kite surfer. Think you can spot the lie? Drop your best guess in the comments, and then check out his blog to find out the truth and learn more about why Dave decided to join Fathom: https://lnkd.in/e3b2uC9R P.S. We're hiring! Check out the Careers page of our website (link in comments). #Hiring #MedicalCoding #MedicalBilling #RevenueCycleManagement #ArtificialIntelligence #Healthcare
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Fathom reposted this
Thank you to our partner Fathom for joining the discussion today about how far we've come with medical coding, how far we have to go, and how to swiften the journey with automation. Great job, Amit Jayakar and Luke Anthony Peña with helping us talk through AI priorities, decison-making, barriers, and vendor needs all together!
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As Amanda de los Reyes, MBA, CRCR, VP Revenue Cycle at Valleywise Health, puts it, "there is no shortage of work in the revenue cycle, and the work is becoming increasingly complex." Health systems are turning more and more to automation for help in the revenue cycle. According to Alan Condon at Becker's Healthcare, 74% of health systems and hospitals are now automating parts of RCM and seeking buy-in on their AI projects. The key is to secure quick wins that demonstrate impact to build confidence. Here's how some leaders are doing this: 🌟 Increasing accuracy, from Dennis Shirley, VP Revenue Cycle at UnityPoint Health: "An ounce of prevention is worth a pound on the back end of the revenue cycle." In the context of coding, investing in AI for higher accuracy upfront saves time and effort downstream. 🌟 Freeing up resources, from Aaron Lewis, CFO at Lifepoint Health®: "It's about taking things away that are the lowest value, highest friction processes, and positioning people to be more impactful in other areas … A lot of it is on us as leaders to show our team we have the ability to do five other things we may not have had the time to get to previously because the technology has removed a lot of this other administrative work." 🌟 Reducing denials, from Amanda de los Reyes, MBA, CRCR, VP Revenue Cycle at Valleywise Health: "The best denial strategy is prevention." For example, by flagging deficient documentation immediately post-visit, autonomous coding enables earlier action to prevent denials. At Fathom, we see many health system clients demonstrating value in ways like these. Check out Alan's full article for more perspectives: https://lnkd.in/ggegp4eC #MedicalCoding #MedicalBilling #RevenueCycleManagement #ArtificialIntelligence #Healthcare
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⭐ Get to know Lara Megan Carrion, CPC, CRC, CEMC, the latest addition to our Coding Quality team! Meg is a Risk Adjustment Coding Advisor working with health plans and risk-bearing providers on autonomous risk-adjustment coding. With her whole career in medical coding, Meg's pretty much done it all — auditing, education, process design, and everything in between across primary care, specialty offices, and both inpatient and outpatient settings. But joining Fathom opened up a new chapter for her: bringing her risk-adjustment expertise to autonomous coding. "Educating and communicating are my happy places, and I've been lucky enough to have opportunities that have allowed me to hone these skills over the years … This new application of my coding knowledge allows me to reduce the burden on overworked providers and coders, something I am extremely proud of." Check out her blog to learn more about Meg and her decision to join Fathom: https://lnkd.in/eutUj3Q7 P.S. We're looking for a Medical Coding Auditor to join our Coding Quality team! If you're interested, check out the Careers page of our website (link in comments). #MedicalCoding #MedicalBilling #RevenueCycleManagement #ArtificialIntelligence #Healthcare
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The Health Management Academy’s latest quarterly update offers insights from CFOs at top health systems, shedding light on ongoing financial pressures and priorities. While operating margins are slowly improving, they’re still below pre-pandemic levels. And with patient volumes increasing, accurate coding is more important than ever for revenue. Meanwhile, rising costs — especially labor, with 89% of CFOs reporting workforce challenges — are prompting health systems to turn to AI for savings. In this context, it’s encouraging to see leaders adopting technologies like autonomous medical coding to help ease the burden while benefiting the top line. THMA’s survey reveals that 92% of health systems plan to increase their investment in AI. This trend echoes what we’re hearing from our clients, and we’re excited to see CFOs embracing technologies like Fathom to strengthen their operations. Read the full survey here 👉 https://lnkd.in/dPXeSdcQ What else from this survey stands out to you? #MedicalCoding #MedicalBilling #RevenueCycleManagement #ArtificialIntelligence #Healthcare
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Fathom reposted this
If you’re at Epic #UGM, come see Fathom for some great swag! And regardless, AI for medical coding is a huge win. The sooner humans can stop doing their own medical coding, the better off society will be. Thank you to Andrew Lockhart and the whole team!
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