Inaugural award from Slice of Healthcare recognizes innovators whose work improves the healthcare system and patient outcomes.
Fathom, the leader in medical coding automation, announced that its Co-founder and CEO, Andrew Lockhart, has been recognized as one of 2023’s Top Digital Healthcare Leaders. The inaugural award from Slice of Healthcare was based on interviews, referrals, and independent research by industry professionals.
One of only 35 receiving the honor, Mr. Lockhart co-founded Fathom after realizing from personal experience that medical coding significantly contributed to the complexity of medical billing. He saw an opportunity to streamline the coding process using artificial intelligence (AI) driven automation.
“I am honored to receive this award and to have the important work we do at Fathom recognized for the positive impact it has on our healthcare system,” said Fathom Co-founder and CEO, Andrew Lockhart. “Our AI-driven automated medical coding has helped thousands of medical providers improve patient care and revenue cycle operations.”
Fathom is now a recognized leader in medical coding automation, with its technology used by thousands of healthcare providers across the U.S. Its proprietary deep learning technology delivers medical coding automation rates that are 30-50% higher than what alternative solutions can offer and accelerates ROI with risk-free full deployment in an average of four to six weeks. In addition, the AI automation reduces denials and frees coders to focus on more complex assignments. Overall, Fathom’s AI helps to drive health system administration costs down significantly. Under Mr. Lockhart’s leadership, the company raised a $46M Series B in November 2022 and is growing rapidly.
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