Fathom Health

Fathom Health

AI-driven revenue cycle automation for healthcare

Overview

Fathom Health provides AI-powered automation for healthcare revenue cycle management. It helps hospitals and clinics by automating administrative tasks such as transcription and documentation, allowing clinicians to spend more time with patients. The product combines AI-enabled bots with existing workflows to handle tasks like data capture, documentation, and coding within the revenue cycle, typically delivered through subscription fees and service contracts in a B2B model. The company differentiates itself by focusing on AI-driven automation tailored to revenue cycle processes for healthcare providers, aiming to improve speed and accuracy of financial transactions and reduce administrative burden. Its goal is to improve financial outcomes for healthcare providers by making revenue cycle management more efficient and reliable.

About Fathom Health

Simplify's Rating
Why Fathom Health is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$60.8M

Headquarters

San Francisco, California

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • CVS Health Ventures invested in Fathom on May 4, 2026, accelerating enterprise adoption.
  • Your Health deploys Fathom for superhuman E/M capture and HCC risk-adjustment savings.
  • $46M Series B funds Fathom's expansion amid coder staffing shortages in healthcare.

What critics are saying

  • CodaMetrix erodes Fathom's share with $95M funding and aggressive hospital contracts by 2027.
  • 3M's M*Modal causes client churn using clinician datasets in thousands of hospitals by 2028.
  • CMS 2026 mandate rejects Fathom's autonomous model, triggering 20-30% revenue clawbacks by Q4 2026.

What makes Fathom Health unique

  • Fathom achieves 95.5% automation and 98.3% accuracy across all service lines.
  • Fathom uses deep learning and LLMs for broadest specialty coverage including ED and radiology.
  • Fathom ranked #1 in KLAS 2025 for reducing coding costs with 90%+ automation rates.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$60.8M

Above

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$46M
Fathom Health
$65M
Substack
$100M
ClickUp

Benefits

Unlimited Paid Time Off

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Home Office Stipend

Company Social Events

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-5%

2 year growth

0%
Business Wire
Nov 10th, 2022
Fathom Secures $46M Series B Financing

Financing allows Fathom to continue to advance the standard in automated medical coding in response to critical challenges facing providers.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Fathom Health right now.

Find jobs on Simplify and start your career today

We update Fathom Health's jobs every few hours, so check again soon! Browse all jobs →