Fathom
- Company typePrivate
- Founded2017
- HeadquartersSan Francisco, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Fathom firmographics
Firmographics- Name
- Fathom
- Legal name
- Fathom, Inc.
- Website
- https://fathomhealth.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Fathom industry classification
Industry- Product category
- Healthcare Revenue Cycle Software
- NAICS
- Custom Computer Programming Services (541511), Computer Systems Design Services (541512)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Intelligent Document Processing (IDP) & OCR Automation (HDAEAHAC)
Keywords
Where Fathom is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Fathom business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Autonomous medical coding services: Recurring contracted service providing AI-driven autonomous medical coding to health systems, physician groups, RCM vendors, ambulatory clinics, health plans, and value-based care providers. Sold via 'Request a Quote' motion with outcome-based SLAs; backed by multi-year enterprise agreements.
- Coding audit and quality assurance: Adjacent service offering AI-driven real-time coding audit for organizations using other coding vendors or in-house teams, including error detection and denial-risk flagging.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Multi-year contract | Custom enterprise quote with free ROI analysis |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels10 records
Fathom product offering
Product offeringCore offering
Fathom develops an AI platform that fuses deep learning and natural language processing to autonomously code medical patient charts end-to-end (ICD-10, HCC/RAF, E/M leveling, modifier 25, G2211) without human intervention. The platform is sold as a recurring enterprise service to health systems, physician groups, health plans, value-based care providers, ambulatory clinics, and RCM vendors, with complementary Coding Automation and Audit Complete modules plus a specialized Autonomous Risk-Adjustment Coding configuration.
Product overview
Fathom offers a single unified autonomous medical coding platform rather than a multi-product portfolio. The Fathom Autonomous Medical Coding Platform is the core offering — a deep-learning and NLP-based AI that processes clinical documentation and produces coded output end-to-end. On top of that core, Fathom provides two complementary service modules: Coding Automation (autonomous direct-to-bill coding) and Audit Complete (real-time AI coding audit/quality assurance). The platform also extends into a specialty configuration called Autonomous Risk-Adjustment Coding for health plans and risk-based providers needing exhaustive HCC/RAF capture. Together, the core platform, the Coding Automation and Audit Complete modules, and the risk-adjustment configuration serve health systems, physician groups, ambulatory clinics, health plans, value-based care providers, and RCM vendors.
Differentiator
Problem solved
Functional benefit
Brands
- Autonomous Medical Coding Platform: Fathom's core AI product offering — an autonomous medical coding platform fusing deep learning and natural language processing to deliver 90%+ automation rates across medical specialties.
- Fathom Autonomous Medical Coding Platform (Your Health deployment)
Quantifiable outcome
- Up to 50-70% reduction in total coding cost
- +9 more outcomes
Companies that use Fathom
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles4 records
Fathom technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability7 records
Feature6 records
Fathom partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and flagship.
- VizientcoreSelected to exhibit Fathom's autonomous coding platform at the Vizient Innovative Technology Exchange, a healthcare performance improvement and GPO venue; provides access to Vizient's member health systems.
- ApolloMDflagshipApolloMD is both a customer and a strategic investor in Fathom. Fathom provides autonomous medical coding to ApolloMD, a multispecialty, 1,500-physician group with 900+ advanced practice clinicians. ApolloMD leadership (CEO Dr. Yogin Patel) has co-presented with Fathom CEO Andrew Lockhart at Becker's RCM 2024, Becker's 9th Annual Health IT + Digital Health + RCM Meeting, and the Becker's Healthcare podcast.
- athenahealthcoreYour Health deployment used athenahealth Data View to integrate Fathom's autonomous coding into EHR workflows. Fathom integrates with athenahealth for embedded deployment of autonomous medical coding.
- Epic Systems (Epic Toolbox)flagshipFathom's autonomous medical coding platform is available in Epic's Toolbox program within the Fully Autonomous Coding category. Epic Toolbox is Epic Systems Corporation's app marketplace for Epic EHR customers.
- AdoniscoreCo-hosted the AI in RCM Symposium in New York (Feb. 27, 2025) and other RCM-focused executive events. Adonis is a healthcare AI/RCM partner collaborating with Fathom on co-marketing and joint executive events.
- Amazon Health Services (Amazon One Medical)flagshipAmazon One Medical deploys Fathom for autonomous coding across primary care; partnered with HealthScribe for end-to-end documentation and coding. Nick Rogers, Head of Revenue Cycle at Amazon Health Services (formerly One Medical), has co-presented with Fathom CEO Andrew Lockhart at Becker's CEO+CFO 2024 and Becker's 12th Annual CEO+CFO Roundtable 2025.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Fathom competitors and assessment
Company assessmentDirect peers
- CodaMetrix: CodaMetrix is the closest direct competitor to Fathom, offering AI-powered autonomous medical coding for hospital and professional fee coding using NLP/LLMs. It targets the same health system and physician group buyers with the same core use case (autonomous coding), making it the most direct head-to-head competitor.
- AKASA (acquired by Valtruis/Optum): AKASA builds AI for revenue cycle operations, including autonomous coding, claims, and prior authorization, serving health systems and RCM vendors. It overlaps directly with Fathom on autonomous medical coding while also competing in adjacent RCM automation categories.
- Notable Health: Notable Health provides AI-powered autonomous coding and RCM workflow automation to hospitals and physician groups. It is a direct competitor in autonomous coding and shares Fathom's enterprise health-system buyer profile and integration-led GTM motion.
- Olive AI: Olive AI built an AI workforce platform for healthcare RCM, including autonomous coding capabilities, sold to health systems and RCM vendors. It is a direct competitor in autonomous coding and a broader RCM automation peer, though it has retrenched and restructured in recent years.
Broad incumbents
- 3M Health Information Systems (Solventum): 3M HIS (now part of Solventum) is the long-standing incumbent in computer-assisted coding (CAC) and the dominant coding workflow/software provider to US hospitals. It competes with Fathom via its CodeAssist and 360 Encompass platforms and represents the legacy stack Fathom is displacing.
- Optum (UnitedHealth Group): Optum is the largest US healthcare services and RCM player, offering coding, billing, and AI-augmented revenue cycle solutions through OptumInsight and Optum Health. It is both a potential customer (via risk-adjustment for UHG plans) and a competitor for autonomous coding contracts at scale.
- Waystar: Waystar is a leading cloud-based revenue cycle management platform serving hospitals, health systems, and physician groups. It competes with Fathom by offering adjacent coding-aware RCM workflows and increasingly AI-augmented coding features to a shared enterprise buyer base.
- Availity: Availity is a large healthcare information network and RCM solutions provider serving health plans, hospitals, and physician practices. It is comparable as a horizontal RCM infrastructure competitor that increasingly bundles coding-adjacent capabilities into its platform.
Emerging players
- Augmedix (Commure): Augmedix (now part of Commure) provides ambient AI documentation and downstream coding/HCC capture for physicians. It overlaps with Fathom on the medical coding output layer and competes in the same physician-group buyer workflows, often paired with EHR-native ambient scribes.
- Cohere Health: Cohere Health applies AI to prior authorization, utilization management, and value-based care workflows for health plans and providers. It is comparable as an AI-native healthcare workflow company that targets overlapping payer and provider RCM buyers and competes for enterprise AI mindshare in healthcare.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Fathom social profiles
Digital presenceFathom compliance and trust
Trust signalCompliance3 records
Fathom financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fathom leadership team
Management profileNumber of profiles
Profiles8 records
Fathom funding detail
Funding detailFunding overview
Funding rounds7 records
Investors16 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fathom M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fathom
What does Fathom do?
Fathom develops an AI platform that fuses deep learning and natural language processing to autonomously code medical patient charts end-to-end (ICD-10, HCC/RAF, E/M leveling, modifier 25, G2211) without human intervention. The platform is sold as a recurring enterprise service to health systems, physician groups, health plans, value-based care providers, ambulatory clinics, and RCM vendors, with complementary Coding Automation and Audit Complete modules plus a specialized Autonomous Risk-Adjustment Coding configuration.
Is Fathom a public or private company?
Fathom is a private company. It is classified as venture growth investor backed and is currently operating.
When was Fathom founded?
Fathom was founded in 2017. It employs 51 to 100 people.
Where is Fathom based?
Fathom is headquartered in San Francisco, United States, in the North America region.
How does Fathom make money?
Two revenue lines are on record. Autonomous medical coding services are the primary driver. The others are coding audit and quality assurance.
Who are Fathom's main competitors?
Direct peers on record are CodaMetrix, AKASA (acquired by Valtruis/Optum), Notable Health and Olive AI. Broad incumbents are 3M Health Information Systems (Solventum), Optum (UnitedHealth Group), Waystar and Availity. Emerging players are Augmedix (Commure) and Cohere Health.
Does Fathom have an API?
No public API is recorded for Fathom.
What industry is Fathom in?
Fathom's product category is Healthcare Revenue Cycle Software. Its primary akta.pro industry code is HDAEAHAC, Intelligent Document Processing (IDP) & OCR Automation. Its NAICS code is 541511 and its SIC code is 7372.