Wave Health Technologies

Atlanta, United States Founded: 2014 • Age: 12 yrs
Offers AI and NLP tools for efficient medical coding and record management.

About Wave Health Technologies

Wave Health Technologies is a company based in Atlanta (United States) founded in 2014. It operates as a SaaS and B2B. The company has 66 employees. Wave Health Technologies offers products and services including CodeLogix Plus, QLogix, AuditLogix, CodeLogix-C, and ScanLogix. Wave Health Technologies operates in a competitive market with competitors including Fathom, Nelly, Inbox Health, Nym and KAID, among others.

Key Metrics
  • Annual Revenue
    ₹11.73 Cr

    FY 2025 · +43% YoY

  • Net Profit
    ₹86.3 Lakh

    FY 2025 · 7% margin

  • EBITDA
    ₹1.28 Cr

    FY 2025 · 11% margin

  • Employee Count
    66

Products & Services of Wave Health Technologies

Wave Health Technologies offers a comprehensive portfolio of products and services, including CodeLogix Plus, QLogix, AuditLogix, CodeLogix-C, and ScanLogix.

CodeLogix Plus
Risk Adjustment Coding

AI platform for accurate HCC coding and medical record analysis.

QLogix
Medical Record Abstraction

Tool for optimizing HEDIS measures through chart analysis.

AuditLogix
Risk Adjustment Auditing

System for identifying and validating coding adds or deletes.

CodeLogix-C
Medical Record Analysis

Engine for extracting chronic conditions using NLP technology.

ScanLogix
Form Data Extraction

Tool for automated extraction from claims forms with error detection.

Board of directors of Wave Code Logix Private Limited (Wave Health Technologies)

Wave Code Logix Private Limited is the primary company behind Wave Health Technologies. The board of Wave Code Logix Private Limited currently have 2 directors; the longest-serving is James Antony, appointed in 2013. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
James Antony
DIN 05286081
Director14 Aug 201313 yrs 1 moWave Code Logix Private Limited
Kodamana Ramakrishnan
DIN 10411541
Director18 Jul 20242 yrs 2 moWave Code Logix Private Limited

People of Wave Health Technologies

4 people are tracked at Wave Health Technologies (2 in leadership, 1 in board & advisors, 1 in team); the tracked headcount is 66.

NameRoleGroup
Executive Vice PresidentLeadership
Brian Lacey
EVP & Chief Development OfficerLeadership
Steven Scott
Executive ChairmanBoard & advisors
Ed Cotter
CAOTeam
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Financials of Wave Health Technologies

Figures of Wave Code Logix Private Limited, the primary company behind Wave Health Technologies, for FY 2025. Revenue was ₹11.73 Cr (+43% year on year). Net profit was ₹86.3 Lakh (7% margin). EBITDA was ₹1.28 Cr (11% margin). Revenue has grown at a compounded annual rate of +37% over three years and +25% over five years.

  • ₹11.73 CrRevenue · FY 2025 · +43% YoY
  • ₹86.3 LakhNet profit · 7% margin
  • ₹1.28 CrEBITDA · 11% margin
  • ₹1 LakhPaid-up capital
  • 66Employees (provident fund records)
  • +37%Revenue CAGR, 3 years
  • +25%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Wave Code Logix Private Limited are on its company page.

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Detailed financial statements for Wave Health Technologies

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Competitors of Wave Health Technologies

Wave Health Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fathom, Nelly, Inbox Health, Nym and KAID, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fathomhealth.com2017San Francisco, United States$46.3M–
AI-based software for medical coding and PHI de-identification is provided.
getnelly.de2021Berlin, Germany$71.64M46
Digital administrative tasks and billing management tools for providers
inboxhealth.com2014New Haven, United States$58.43M–
Cloud-based medical billing and payment management solution for healthcare companies
nym.health2017New York, United States$94.5M–
Nym is focused on autonomous medical coding solutions for healthcare.
kaidhealth.com2019United States$8.09M–
AI and SaaS-based software for healthcare care coordination is developed.
joincandidhealth.com2019San Francisco, United States$81.65M82
Provider of a SaaS and AI medical billing platform for healthcare professionals and organizations
semantichealth.ai2019Toronto, Canada$3.3M21
AI-based medical billing solutions are provided for healthcare professionals.
aviacode.com1999Salt Lake, United States$23.5M317
Cloud-based medical coding software and services are provided.
codametrix.com2018Boston, United States$109.04M103
AI-based medical coding software is provided for healthcare professionals.
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Detailed competitors of Wave Health Technologies

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Similar companies to Wave Health Technologies

10 companies that operate in the same segment as Wave Health Technologies (AI in Medical Diagnostics), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Early-stage investments in digital, climate, and deep science technologies.
2011Mumbai, Maharashtra, India–USD 1.11 M–
Deep tech innovation in IoT and AI for startups and enterprises in India.
2015Bengaluru, Karnataka, India–––
Creates AI technologies for surgical planning, robotics, and cloud-based tools.
2018Mumbai, Maharashtra, IndiaUSD 120 K––
Health services are provided via cordys.health domain.
2022NetherlandsUSD 947.57 K––
Offers AI-powered digital solutions, engineering, IT services, and talent management globally.
1992Bengaluru, Karnataka, India–USD 108.7 M3,441
Offers AI consulting, data analytics, and product engineering for various industries.
2014Ghaziabad, Uttar Pradesh, India–USD 1.4 M55
An AI-powered tool for analyzing chest X-rays to support COVID interventions.
2021Bengaluru, Karnataka, India–USD 177.48 K24
Provides data-driven health optimization, diagnostics, and AI care for individuals and businesses.
2016Bengaluru, Karnataka, India–USD 508.49 K31
Venture capital investing in European HealthTech innovators for healthcare advancements.
2021Munchen, Bayern, Germany–––
Provides medical imaging analysis for clinical trials using AI and secure data processing.
2012Bengaluru, Karnataka, India–USD 487.68 K–
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Frequently Asked Questions about Wave Health Technologies

Wave Health Technologies was founded in 2014.

Wave Health Technologies is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Wave Health Technologies has 66 employees.

The primary company behind Wave Health Technologies, Wave Code Logix Private Limited, reported revenue of β‚Ή11.73 Cr for FY 2025, up 43% year on year.

Wave Health Technologies develops software platforms using AI, NLP, and spatial analysis to automate medical record processing and coding. It helps healthcare clients improve accuracy, reduce costs, and optimize risk-adjusted coding through products like CodeLogix Plus. The company focuses on enhancing efficiency in medical coding workflows and form data extraction. Based in Atlanta, USA, it serves healthcare providers by streamlining traditional manual processes.

Wave Health Technologies's top competitors include Nelly, Nym and Fathom.

Wave Health Technologies offers CodeLogix Plus, QLogix, AuditLogix, CodeLogix-C, and ScanLogix.

Wave Health Technologies operates through Wave Code Logix Private Limited.

The legal entities of Wave Health Technologies currently have 2 directors, including James Antony, Kodamana Ramakrishnan.

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