CodaMetrix · Feb 2026
CodaMetrix announced that it ranked No. 1 in the 2026 Best in KLAS segment for Autonomous Coding. The company cited enterprise-wide adoption, specialty breadth, implementation performance, and customer outcomes.
Company research
Public company, workplace, funding, and market signals
Updated Aug 16, 2026
Overview
CodaMetrix is a Boston-based healthcare technology company that develops AI-powered autonomous and contextual medical-coding software for health systems. Its platform translates clinical documentation and longitudinal patient data into billable, clinical, and demographic codes, helping providers reduce manual coding, denials, administrative burden, and revenue-cycle costs.
Primary product
CMX CARE™, an AI-powered contextual coding automation platform for multi-specialty medical coding, including facility and professional-fee coding and an Emergency Department module.
Founded
2019
Headquarters
Boston, Massachusetts, United States
Team size
100-200
Work style
Hybrid
Industry
Healthcare technology / Technology, Information and Internet
Sub-industry
Healthcare revenue-cycle management, autonomous medical coding, artificial intelligence, machine learning, and healthcare IT
Offices
Boston, Massachusetts, United States
Business model
B2B SaaS
Enterprise software
Custom enterprise contracts
Healthcare technology platform
Funding
Stage
Late-stage venture / Series B
Total raised
$109M
Latest round
Series B-1 / later-stage venture · May 2025
Latest amount
$11.7M
Series B-1 / later-stage venture
May 2025
Mar 2024 · Transformation Capital
Feb 2023 · SignalFire
Jan 2019
People & investors
Leadership
President and CEO
Chris Gervais
Chief Technology Officer
Chief Revenue & Operations Officer
Alex Gnassi
Chief of Staff
Robin Lloyd
Chief Operating Officer
Gail Airasian
Chief Growth Officer
Senior Vice President of Customer Operations; co-founder
Chief Solutions Officer; co-founder
Work & culture
The company describes a provider-built, mission-oriented culture focused on reducing healthcare administrative burden. Public careers materials emphasize transparency, accountability, focused teams, clear ownership, collaboration, research, professional development, and measurable impact. Engineering and machine-learning employees describe a balance between research and product work using complex healthcare data.
Work style
Hybrid
Compensation
Public job postings show role- and location-dependent salary ranges, generally with bonus and/or equity. Examples include approximately $115,000-$170,000 for a Senior Data Engineer, $125,000-$165,000 for a Senior DevOps Engineer, $135,500-$165,000 for a Senior Technical Product Manager, $162,000-$198,000 for a Principal Software Engineer, and $90,000-$105,000 for a Medical Coder II/III. Equity is referenced for eligible employees, but company-wide compensation bands and sponsorship policies are not publicly established.
Benefits
Medical and dental insurance with the company covering 80% of the cost
Vision insurance
401(k) eligibility after one month
Managed but not limited paid time off
Employer-paid life insurance
Short-term and long-term disability insurance
Seven-week onboarding program
Annual performance evaluations and development planning
Annual company awards and peer recognition
Internships and co-op opportunities
Product & market
Pricing
Custom, contact-sales enterprise pricing; no public rate card or self-service pricing was found.
Differentiators
- —Built from a production healthcare coding solution developed inside Mass General Brigham and refined with provider organizations
- —Uses longitudinal patient context rather than relying only on a single note or encounter transcript
- —Supports multi-specialty coding across areas such as radiology, pathology, surgery, gastroenterology, evaluation and management, and emergency medicine
- —Deep EHR integration, including Epic Toolbox designation for fully autonomous coding
- —Real-time audit and feedback capabilities designed to continuously improve coding models
- —Enterprise focus for large health systems, with claimed minimal technology lift and no proportional headcount expansion
- —Company-reported outcomes include up to 70% lower manual coding, up to 60% lower coding-related denials, more than 50% lower coding costs, and five-week acceleration in time to cash
Technology
Artificial intelligence
Machine learning
Deep learning
Natural language processing
Clinical-documentation processing
Electronic health record integration
Epic Toolbox integration
Databricks
Delta Lake
MLflow
Unity Catalog
Apache Spark / PySpark
Apache Kafka
AWS
Python
Java
TypeScript / Node.js
Terraform
Jenkins
Docker / Kubernetes
Customers
Mass General Brigham
University of Colorado Medicine
Yale Medicine
Henry Ford Health
Mount Sinai Health System
University of Miami Health System
Oregon Health & Science University
UMass Memorial Health
West Virginia University Medicine
UC San Diego Health
Competitors
Nym
Maverick Medical AI
Fathom
Aideo Technologies
Oracle
Ambience Healthcare
Suki AI
Nuance / Microsoft
Scale & contact
Estimated revenue
$1M-$10M annually; one third-party estimate reports approximately $5.5M, but CodaMetrix has not publicly disclosed audited revenue.
Estimated monthly visits
5.1K
Traffic estimate as of Jun 2026
Latest news
CodaMetrix · Jun 2025
The company announced the CMX CARE contextual coding platform, a new Emergency Department coding module, and leadership expansion. CodaMetrix said its customers represented more than $180 billion in net patient revenue and 220 hospitals across 27 states.
CodaMetrix · Mar 2025
CodaMetrix announced a corporate rebrand and said it had expanded beyond 25 health-system partners in 26 states. The announcement also reiterated its $95 million in disclosed Series A and Series B financing.
CodaMetrix · Nov 2024
CodaMetrix appointed Robin Lloyd as Chief Operating Officer to lead growth, operations, and expansion of the platform’s use of clinical data for revenue-cycle and patient-outcome applications.
CodaMetrix · Mar 2024
Transformation Capital led CodaMetrix’s $40 million Series B, with participation from existing investors SignalFire and Frist Cressey Ventures. The financing was intended to advance AI-powered coding and clinically enriched claims data.
Jobs and careers at CodaMetrix
2 jobs at CodaMetrix
Account Director
Remote
Customer Operations
Remote - US; Boston, MA, United States
4d ago
Remote
Full-time
Principal Data Engineer
Remote
AI&ML
Boston Hybrid; Boston, Massachusetts, United States
2mo ago
Remote
Full-time