Nym


Associated tags: Radiology, Health, Other Health, Bessemer Venture Partners, Speed of light, Hospital, Documentation, RCM, Linguistics, Tiger Global Management, Computational linguistics, R, ICD-10, Translation, Emergency medicine, GV, CPT, Software, Machine learning, Physician

Nym Launches Radiology Coding Solution for Revenue Cycle Management

Retrieved on: 
Thursday, October 6, 2022

Nym , the leader in translating clinical language into actionable information, today announced that its medical coding engine is now being offered to radiology departments across the US.

Key Points: 
  • Nym , the leader in translating clinical language into actionable information, today announced that its medical coding engine is now being offered to radiology departments across the US.
  • This expansion brings Nyms autonomous medical coding technology to a third outpatient specialty area, expanding access to the Companys industry-leading solution for revenue cycle management (RCM), which is improving payment cycles for over 150 leading emergency department (ED) and urgent care facilities in the US.
  • Unlike other autonomous coding solutions that rely heavily on machine learning, the Nym engines hybrid rules-based approach enables rapid expansion into new specialties with minimal legacy data.
  • Nym expects to achieve over 70% coverage, enabling its radiology customers to drastically reduce coding costs and reallocate strained coding resources to higher complexity workflows.

Nym ranked among Top 10 Most Promising Startups of 2020

Retrieved on: 
Wednesday, December 9, 2020

BOSTON, Dec. 9, 2020 /PRNewswire/ -- Nym Health, the autonomous medical coding technology provider, ranked among the Top 10 Most Promising Startups of 2020, in a list released by Globes financial newspaper.

Key Points: 
  • BOSTON, Dec. 9, 2020 /PRNewswire/ -- Nym Health, the autonomous medical coding technology provider, ranked among the Top 10 Most Promising Startups of 2020, in a list released by Globes financial newspaper.
  • Nym Health was founded in 2018 by co-founders Amihai Neiderman and Adam Rimon.
  • Nym transforms revenue cycle management (RCM) with direct-to-billing, fully autonomous medical coding that reduces insurance denials and operational expenses, accelerates payment-cycles, and maximizes audit-readiness for healthcare providers.
  • "We're happy to have been selected," said Amihai, Nym co-founder and CEO.

Geisinger Partners with Nym Health to Launch Autonomous Coding Technology

Retrieved on: 
Wednesday, November 18, 2020

BOSTON, Nov. 18, 2020 /PRNewswire/ -- Nym Health, pioneers of Clinical Language Understanding (CLU) technology, today announced that Geisinger is deploying Nym's autonomous medical coding technology to all nine of its hospital emergency departments.

Key Points: 
  • BOSTON, Nov. 18, 2020 /PRNewswire/ -- Nym Health, pioneers of Clinical Language Understanding (CLU) technology, today announced that Geisinger is deploying Nym's autonomous medical coding technology to all nine of its hospital emergency departments.
  • Nym's 98% CLU coding accuracy, alongside the native audit trail, provides healthcare providers with the ability to use autonomous coding to confidently generate accurate claims and send them to payers without human intervention.
  • Our technology platform will give Geisinger the ability to scale their coding operations, allowing them to use their coders in other critical areas.
  • Nym's autonomous coding accuracy leads to reduced denial rates and increased coding compliance, greatly benefiting Geisinger's performance."

Nym Health Announces $16.5M Series A Funding Led by GV and Introduces Explainable AI in Healthcare

Retrieved on: 
Tuesday, October 13, 2020

The funding will support the company's ability to accelerate sales and marketing activities while scaling product deployment and development.

Key Points: 
  • The funding will support the company's ability to accelerate sales and marketing activities while scaling product deployment and development.
  • Nym takes an innovative approach to medical coding, accelerating the billing process by automatically assigning the most accurate medical codes required for medical reimbursement.
  • Nym transforms revenue cycle management with direct-to-billing, fully autonomous medical coding that reduces insurance denials and operational expenses, accelerates payment-cycles, and maximizes audit-readiness for healthcare providers.
  • Nym Health is an autonomous medical coding technology provider that takes an innovative approach to revenue cycle management.

Nym, Creator of Autonomous Medical Coding Technology, Closes $6 Million Seed Round, Led by Bessemer Venture Partners

Retrieved on: 
Wednesday, June 12, 2019

TEL AVIV, Israel, June 12, 2019 /PRNewswire/ -- Nym , a leading autonomous medical coding technology provider, announced today that it has secured a $6 million seed round of financing, led by Bessemer Venture Partners .

Key Points: 
  • TEL AVIV, Israel, June 12, 2019 /PRNewswire/ -- Nym , a leading autonomous medical coding technology provider, announced today that it has secured a $6 million seed round of financing, led by Bessemer Venture Partners .
  • The investment signals the company's initial success in providing automatic, accurate, and real-time medical coding, enabling healthcare facilities to optimize their revenue cycle processes.
  • "Nym's autonomous medical coding technology offersauditable and consistently accurate coding," said Adam Fisher, partner at Bessemer Venture Partners.
  • Revenue cycle management companies and healthcare providers throughout the United States are currently adopting Nym's autonomous medical coding solution.