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ApolloMD Leverages Fathom Autonomous Medical Coding to Save Costs and Accelerate Revenue Cycle for 1,500+ Physician Group

Practice Management

ApolloMD Leverages Fathom Autonomous Medical Coding to Save Costs and Accelerate Revenue Cycle for 1,500+ Physician Group
Fathom's AI-based automated medical coding delivers industry-leading automation rates with improved accuracy, reducing ApolloMD's coding costs and alleviating coding staffing challenges

Fathom, the leader in medical coding automation, is providing autonomous coding services to ApolloMD, a multispecialty, 1,500-physician group with a nationwide footprint. ApolloMD is using Fathom's technology to automate coding with exceptional accuracy for more than 2.5 million patients at 88 hospitals and health systems across the United States. Since deployment, the company has achieved industry-leading automation rates, significantly reduced costs, relieved coding staffing challenges, and shortened coding turnaround times from days to hours.

"As one of the most successful clinical staffing services firms in the country, we face enormous administrative medical coding and billing workloads. As we grow, this challenge multiplies," said Dr. Yogin Patel, President of ApolloMD. "After an exhaustive search, we found that Fathom provides the best coding automation technology available that scales seamlessly as we grow."

Fathom fuses the best of deep learning AI and natural language processing to review provider notes and patient charts and instantly determine compliant reimbursement codes – including E/M, CPT, and ICD-10, among other elements – with improved quality and efficiency. ApolloMD's partnership with Fathom included adopting the revised E/M guidelines for Emergency Medicine in January, integrating the latest rules and avoiding the pain and cost of retraining staff. Fathom's medical coding automation platform offers the highest encounter-level automation rate, nearly double that of any other technology, thereby delivering industry-leading ROI.

"At Fathom, we focus on creating healthy communities by automating manual processes intelligently and ensuring the financial well-being of health systems and physician groups," said Fathom CEO Andrew Lockhart. "We are excited that our innovative and powerful coding technology has enabled ApolloMD to meet the demands of their growth while they continue to deliver exceptional physician and patient experiences."

As ApolloMD expands to serve more patients and facilities, Fathom expects to increase the volume of encounters coded and the scale of operational impact for ApolloMD. Patel added, "Fathom is the ideal partner to help us deliver on our vision – healthy clinicians, healthy patients, healthy communities – as we treat millions of patients yearly in hospitals and health systems across the country."

ApolloMD's partnership with Fathom was profiled in a recent video featuring ApolloMD leaders Amy Katnik, COO; Dr. Michael Lipscomb, Chief Quality Officer; and Anthony Mascitti, CIO. View the video on Fathom's LinkedIn page to hear about these executives' experiences firsthand.

About Fathom

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

About ApolloMD

ApolloMD partners with more than 100 hospitals nationwide to provide integrated, multispecialty physician, advanced practice clinician, and practice management services in emergency medicine, hospital medicine, anesthesia, and radiology. The company's high-touch, solution-based approach emphasizes quality, efficiency, communication, and patient experience. ApolloMD works collaboratively with partner facilities to implement best practices and process improvement across the board in a cost-effective manner. Through ApolloMD Partners, Inc., all eligible physicians and advanced practice clinicians have the opportunity to become owners.

Fathom Media Contacts:
Phyllis Grabot Bonnie Quintanilla
phyllis@clarityqst.com bonnie@clarityqst.com
805.341.7269 818.681.5777




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What's the difference between Credentialing and Contracting a Provider?

Practice Management

What's the difference between Credentialing and Contracting a Provider?:Credentialing is the formal process of verifying a provider's qualifications. This ensures that doctors and nurses have the proper training and experience to provide the highest level of care to patients. The provider credentialing process is completed by verifying all provider documents and ensuring that they are valid and current. Most health insurance companies will not even offer reimbursements if providers lack medical credentialing.
How Anomaly Detection Can Fight a Nearly $300B Healthcare Issue

Practice Management

How Anomaly Detection Can Fight a Nearly $300B Healthcare Issue:In healthcare, just as in life, no one likes losing money-particularly when you don't know why it's happening.
Employee Training: An Investment That Can Benefit Healthcare Organizations Long After the Employee Has Moved On

Practice Management

Employee Training: An Investment That Can Benefit Healthcare Organizations Long After the Employee Has Moved On:Interview with Revenue Cycle Management Experts, Taya (Shawntea) Moheiser and Kem Tolliver: 
Challenges for 2022

Practice Management

Challenges for 2022:Welcome to a brand-new year! It looks like it is stacking up to be a very interesting and possibly one of the most challenging for the medical billing industry. There is an overabundance of issues facing us in 2022 and beyond; we need to develop a strategy to ensure we continue on the pathway of success.
So Hard to Say Goodbye: Part VII of the Back to Basics Series

Practice Management

So Hard to Say Goodbye: Part VII of the Back to Basics Series:Ending the Provider Patient relationship is never easy, nor should it be. From the patient's perspective, without regard to the reason for separation, it is very much like a bad break up; you're angry, likely feel misunderstood, and your old partner still has a box full of your personal items (think PHI).
Why Quality Documentation Matters

Practice Management

Why Quality Documentation Matters:If you work with provider claims in a medical office, then you have probably heard the phrase, "If it isn't documented, it wasn't done."
Managing Virtual Teams

Practice Management

Managing Virtual Teams:It is hard to believe, but at the time of printing this article, it has been over 600 days since the country shut down for the first time. In March of 2020, COVID-19 changed our business lives forever. The last live seminar I gave was in Las Vegas in February 2020, and since then, it's been the world of Zoom, Microsoft Teams, GoToMeeting, and other similar platforms.
Talking the Talk, Walking the Walk - An interview with Shannon DeConda

Practice Management

Talking the Talk, Walking the Walk - An interview with Shannon DeConda:Sean Weiss, a DoctorsManagement Partner and Vice President of compliance, spoke to Shannon DeConda, President of NAMAS (National Alliance of Medical Auditing Specialists), as well as a Partner in DoctorsManagement. 
Maximizing Revenue and Relationships in the Age of Patient Consumerism: Modern Solutions to Boost Revenue Collection

Practice Management

Maximizing Revenue and Relationships in the Age of Patient Consumerism: Modern Solutions to Boost Revenue Collection:Maintaining financial stability is a challenge for any healthcare provider's office, but especially in the industry's current age of patient consumerism. The increases in regulation and the transparency of medical care processes have given rise to healthcare consumerism, wherein newly empowered patients have control over their healthcare experience. 
How Can Changes in Telemedicine Financially Impact Your Practice?

Practice Management

How Can Changes in Telemedicine Financially Impact Your Practice?:The rapid evolution of telehealth services has helped keep medical practice virtual doors open to meet their patients' health needs during the pandemic. But with new utilization comes cautionary areas from a billing standpoint, and it's important to stay current on updates and compliance protocols to promote revenue growth and avoid financial loss. 
MIPS - What Practices Need to Know to Avoid Financial Penalties

Practice Management

MIPS - What Practices Need to Know to Avoid Financial Penalties:By law, CMS is required to structure the MIPS program such that 1 out of 2 clinicians will be penalized each year.
From Multi-Generational to Intergenerational: Keys to Managing/Working in Healthcare Today

Practice Management

From Multi-Generational to Intergenerational: Keys to Managing/Working in Healthcare Today :When my daughter, Victoria, was little, she was looking at some old albums in our garage.  She was staring in awe at the Journey, Styx, REO Speedwagon, and others.  She was commenting on how pretty the artwork was when an album slipped out. 
Waiving Copays Associated with Medicare - Just as Illegal Now as it Was in 1994

Practice Management

Waiving Copays Associated with Medicare - Just as Illegal Now as it Was in 1994:On December 19, 1994, the U.S. Department of Health and Human Services, Office of Inspector General (HHS-OIG) published a Special Fraud Alert in the Federal Register related to the waiver of copays, with the intention of alerting the public about "its concern about possible widespread and abusive health care industry practices, and seeking wider dissemination of information to the general public." 
September is Alzheimer's Month

Practice Management

September is Alzheimer's Month:Alzheimer's disease is a progressive and irreversible neurologic disorder that affects areas of the brain involved in thought, memory, and learning. Though the words Alzheimer's and dementia are often used interchangeably, dementia covers a group of brain disorders that cause problems with thinking, memory, and behavior.
The Power of Collaboration

Practice Management

The Power of Collaboration:Gone are the days of Norman Rockwell, Mayberry, and an apple pie for the good doctor as a token of appreciation for tending to little Bobby's banged up knee. Today's medical practice faces an onslaught of regulation, liability, and the newcomer to the party: cybersecurity. 
Fixes for Healthcare: PART TWO

Practice Management

Fixes for Healthcare: PART TWO:In my last article, I outlined four ideas that could help streamline our complex healthcare system. To recap, they were:
How to Properly and Safely Terminate an Employee

Practice Management

How to Properly and Safely Terminate an Employee:As a Medical Office Manager, there are few actions as uncomfortable as firing an employee. Yet, after verbal warnings, write-ups, and other corrective actions, you know when this time has come to gather your documentation and make difficult decisions about how and when to proceed.

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