Fathom, the leader in autonomous medical coding, today announced that it was recognized as the #1 solution for Reducing the Cost of Care in the 2025 KLAS Emerging Solutions Top 20 Report.

The top 20 emerging solutions were selected by healthcare leaders across the country from KLAS's emerging solutions research. The aim was to find the solutions that had the greatest potential to disrupt the healthcare market. Solutions were rated by how well they could impact the Quadruple Aims of Healthcare: to improve outcomes, reduce the cost of care, improve patient experiences, and improve clinician experiences.

"KLAS's Emerging Solutions Top 20 winners are helping to redefine what meaningful innovation looks like in healthcare. These companies pair bold ideas that tackle healthcare's real problems, elevate patient care, and strengthen operational performance," said Adam Gale, CEO of KLAS. "In what is an uncertain and fast-moving landscape, they aren't reacting to change; they're setting the pace. We're proud to recognize their leadership and the impact they're delivering today and in the years ahead."

In selecting Fathom for the top position in cost reduction, healthcare thought leaders highlighted the technology's tangible ROI. This impact stems from 90%+ automation rates across medical specialties at same or better accuracy relative to customers' previous coding solutions, as unanimously validated by customers in an earlier KLAS Emerging Company Spotlight report on Fathom (September 2024). Across Fathom's client base today, automation rates include 99% in radiology, 95% in primary care and urgent care, 92% in emergency medicine, and similar across other outpatient departments.

"Existing clients have reported high levels of throughput and accuracy, which not only enhances operational efficiency but also contributes to significant cost savings," said one VP who served as a Top 20 reviewer for KLAS. "Additionally, the improved precision in coding reduces the likelihood of claim denials, thereby minimizing future revenue leakage and administrative burden."

The KLAS recognition comes as revenue cycle management has risen to the top priority for health IT investment, according to the Bain & Co. 2025 Provider and Payer Healthcare IT Survey, written in partnership with KLAS. The report found that 70% of provider respondents now have an AI strategy in place or in development, up from 60% in 2024, with medical coding ranking as the third most commonly deployed use case for AI within RCM. This prioritization reflects the urgent need to address the nationwide 30% shortage of medical coders, according to the American Medical Association, while strengthening financial performance and compliance through enterprise-grade automation.

"Being recognized as the #1 solution for reducing healthcare costs validates the real-world impact our autonomous coding is delivering for health systems and physician groups every day," said Andrew Lockhart, CEO of Fathom. "With automation rates exceeding 90% at superhuman accuracy, we're fundamentally transforming how RCM teams can function, allowing organizations to redeploy resources toward patient care while strengthening their financial footing. This is especially powerful as a way to relieve clinicians across departments from coding duties, with providers realizing 7x ROI from Fathom over clinician coding."

This Top 20 designation builds on recent KLAS reporting on the growing autonomous coding segment. In August, KLAS released a first-of-its-kind report that evaluated customer experiences with prevalent autonomous coding vendors through in-depth interviews with customers. Fathom achieved a 95.5*/100 overall performance score and above-average ratings on 12 of 14 numeric indicators ("Autonomous Coding 2025: A Promising Start for an Early Market," August 2025; *limited data).

Responding to demand from providers, Fathom is rapidly expanding specialty coverage, including developing autonomous inpatient facility DRG coding in partnership with a consortium of large health systems and academic medical centers. The company continues to expand its footprint with leading health systems nationwide, helping them overcome chronic staffing challenges while improving financial performance through higher coding accuracy and consistency.

To learn more about Fathom from customers firsthand, check out Fathom's video library on Vimeo. Get in touch with the Fathom team on our website.

To read the full Top 20 report, download it on Fathom's website.

About KLAS

KLAS helps healthcare providers make informed technology decisions by offering accurate, honest, and impartial vendor performance information. KLAS monitors vendor performance through interviewing thousands of healthcare providers representing healthcare organizations throughout the US and here and there across the globe. KLAS uses a simple methodology to ensure all data and ratings are accurate, honest and impartial to help create market moving moments. Learn more at klasresearch.com.

About Fathom

Fathom is the nation's leading autonomous medical coding platform, an AI solution that fuses the best of deep learning and natural language processing to automate medical coding with unprecedented accuracy and efficiency. Fathom provides the highest automation rates and the broadest specialty coverage to help clients increase accuracy and speed while reducing costs.

Fathom is backed by world-class investors, including 8VC, Alkeon Capital, Cedars-Sinai, Founders Fund, GV, Lightspeed Venture Partners, and Tarsadia. For more information, visit fathomhealth.com and follow the company on LinkedIn.

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"Existing clients have reported high levels of throughput and accuracy, which not only enhances operational efficiency but also contributes to significant cost savings," said one VP who served as a Top 20 reviewer for KLAS.