FOR IMMEDIATE RELEASE
Codoxo Recognized As One of Georgia’s Top 40 Most Innovative Companies by the Technology Association of Georgia (TAG)
Healthcare AI software company recognized for advancing AI capabilities with its patented Forensic AI Engine
DULUTH, Ga. (May 15, 2023) – Codoxo, a trusted provider of healthcare artificial intelligence (AI) solutions for healthcare payers, agencies and pharmacy benefits managers (PBMs), today announced it has been named one of Georgia’s Top 40 Most Innovative Companies by the Technology Association of Georgia (TAG). The annual Top 40 list recognizes Georgia-based technology companies of all sizes for their contributions to innovation and economic growth within the state of Georgia’s technology sector. The high-caliber applicants were judged by the TAG Top 40 committee, composed of technology leaders and investors.
“We are driven by our mission to make healthcare more affordable and effective using advanced AI technologies. By bringing together our proprietary AI with our team of seasoned healthcare FWA and payment integrity experts, we are able to build solutions that tackle some of our customers’ most pressing challenges,” stated Dr. Musheer Ahmed, CEO and Founder of Codoxo. “It is an honor to be recognized by TAG alongside other prestigious Georgia-based technology companies for our AI innovations and efforts to contain U.S. healthcare costs.”
Codoxo’s proprietary AI tools have been used by healthcare organizations across the country to identify more than $550 million in savings, significantly reduce false positives in fraud detection, and capture 97% of exposure from fraud, waste, abuse, and error.
The company’s patented Forensic AI Engine and Unified Cost Containment Platform predict and identify FWA schemes among millions of healthcare claims before they affect the bottom line of healthcare organizations. The Forensic AI Engine is renowned for its self-learning AI that analyzes healthcare claims data, quickly and accurately detects practices that intentionally or unintentionally waste money, and builds connections across departments and data to provide actionable insights.
Codoxo’s inclusion on the Top 40 is the latest in a series of recent accolades the company has earned, demonstrating its upward momentum in the growing healthcare cost containment industry. In April, Codoxo was named to the Atlanta Business Chronicle’s 2023 Pacesetter list. Codoxo also captured the No. 20 spot in the Inc. 5000 Regionals Southeast list, was awarded the 2022 Fierce Healthcare Innovation Award in the Data Analytics/Business Intelligence category, and was recognized by Aite Group in the Aite Matrix: Payment Integrity in Healthcare Report as a “mighty player,” with “AI prowess” as an industry differentiator, among several others. Codoxo also made the TAG Top 40 and Top 10 lists in 2021.
With a mission to make healthcare more affordable and effective for everyone, Codoxo is the premier provider of artificial intelligence-driven solutions and services that help healthcare companies and agencies proactively detect and reduce risks from fraud, waste, and abuse and ensure payment integrity. The Codoxo Unified Cost Containment Platform helps clients manage costs across network management, clinical care, provider coding and billing, payment integrity, and special investigation units. Our software-as-a service applications are built on our proven Forensic AI Engine, which uses patented AI-based technology to identify problems and suspicious behavior far faster and earlier than traditional techniques. Codoxo is a Fierce Healthcare Innovation Award winner and has been recognized by the Inc. 5000 Regionals list for growth. Our solutions are HIPAA-compliant and operate in a HITRUST-certified environment. For additional information, visit www.codoxo.com.
About the TAG Top 40
The Technology Association of Georgia’s (TAG) Top 40 Innovative Technology Companies in Georgia recognizes Georgia-based technology companies of all sizes for their contribution to innovation and economic growth within the state of Georgia’s technology sector.
“Top 40” recognition is awarded based on specific criteria focused on innovation, including degree of innovation, scope and financial impact of innovation, likelihood of success and promotion of Georgia’s innovative efforts nationally and internationally. Eligible companies must be Georgia-based and focused on the creation, development and dissemination of technology.
For more information, visit https://georgiatechnologysummit.com/top-40/