Company leader
Musheer Ahmed
Founder and CEO
Codoxo
Musheer Ahmed is the founder and chief executive of Codoxo, a payment integrity software company in Duluth, Georgia, that uses AI to find fraud, waste, and abuse in health care claims. A computer scientist trained at the Georgia Institute of Technology, he built the company on technology from his Ph.D. dissertation, which he wrote in the school's cybersecurity research community but devoted entirely to health care.
A Doctorate at Georgia Tech
Ahmed did not start his doctorate in computer science intending to start a company, he said in a Q&A published by Codoxo. The federal government was pushing doctors and hospitals to adopt electronic medical records, and he expected that stolen patient data would be turned into fraudulent claims. He researched ways to keep health data away from criminals, was invited to Washington, D.C., to discuss securing patient data, and began attending industry conferences and talking with health plans. Those conversations showed him that plans could not keep up with fraud schemes that changed from year to year.
His dissertation produced an AI method for spotting new schemes as they emerge, which Georgia Tech patented and which became the core of Codoxo's software. Codoxo's leadership page says a report by the JASON advisory group, a scientific panel that advises the US government, reinforced that his research addressed some of the biggest problems in the country's emerging health data infrastructure.
Founding FraudScope in Atlanta
Ahmed founded the company in 2017, shortly after graduating, under the name FraudScope. His co-founder and chief scientist is Mustaque Ahamad, a Georgia Tech computer science professor who also co-founded Pindrop Security, a phone fraud prevention company. FraudScope won the first Atlanta Startup Battle in 2016, and in December 2020 it became Codoxo, a name Ahmed said reflected its expanded offerings, Hypepotamus reported. The company is based in Duluth, a suburb of Atlanta.
Explaining Health Care Fraud
On Atlanta Business Radio in 2022, Ahmed walked through the range of problems Codoxo looks for, from a Michigan oncologist who gave chemotherapy to patients who did not have cancer and filed more than $30 million in claims, to phantom clinics that bill from a mailbox address for months and then move to another state. At the mild end he described waste, such as prescribing an expensive brand-name drug when an equally effective generic exists.
He argued that health care is harder to police than credit cards. With a card, “you deny a transaction, what's the worst thing that's going to happen? The cardholder is going to try the card again,” he said, while a wrongly denied medical claim can hurt a patient or end up in court. “So the stakes are higher, the data points are fewer, the complexity is greater.”
Moving Payment Integrity Upstream
Under Ahmed, Codoxo has shifted toward stopping billing errors before claims are submitted, by sending providers automated education about coding problems. In February 2026 the company raised a $35 million Series C to expand that work. When TIME included Codoxo in its list of the World's Top HealthTech Companies 2026, Ahmed said, “Healthcare has reached a breaking point,” and that the company was using AI to move payment integrity from reactive approaches toward intelligence that can identify risk earlier.