Beamtree secures international contracts for new Autonomous Coding product
Beamtree is proud to announce a significant milestone in our mission to transform healthcare through data and automation, with three new international contracts secured for our Autonomous Coding technology across Australia, the UK, and Canada.
The agreements — with an Australian health care provider, Milton Keynes University NHS Foundation Trust in the UK, and a leading Health Sciences medical centre in Canada — reflect the early momentum and growing demand for Beamtree’s next-generation AI clinical coding technology in key global markets.
As healthcare systems face increasing pressures to improve efficiency, Autonomous Coding is proving to be a powerful solution. The software is designed to reduce hospital costs, improve revenue accuracy, and ensure fair reimbursement by automating the complex and often error-prone clinical coding process — a process that impacts an estimated $20 billion in hospital reimbursements globally.
Marek Stepniak, Beamtree CEO, said: “These three autonomous coding contract wins are an important achievement for Beamtree that support the innovative approach of the company and our focus on making our customers more efficient, thereby freeing up resources to focus on patient care. Autonomous coding will be a material driver of our future growth and these contract wins provide a foundation for this pioneering product. I want to thank our customers in supporting this innovation.”
These wins form the first wave of contracts for Autonomous Coding and are critical in validating our strategic growth. Each serves as a springboard and future reference site as we continue to scale the technology globally and build on the strong pipeline outlined in our first-half reporting.
At Beamtree, we believe better has no limit — and these latest developments are a testament to our team’s dedication to delivering smarter, data-driven solutions that support better patient care.
For investor enquiries, please contact: investor@beamtree.com.au
Read the ASX announcement here
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