Award Recognizes Nym’s Leadership in Autonomous Medical Coding and Innovative Solution for Revenue Cycle Management

NEW YORK: Nym, a leader in autonomous medical coding, today announced that it has been named to The Healthcare Technology Report’s Top 100 Healthcare Technology Companies of 2024. This recognition underscores Nym’s role in automating and optimizing revenue cycle management for providers as they face increasing administrative complexity, workforce shortages, and additional resource constraints.

The leading online resource for investors, executives, and professionals in the healthcare technology industry, The Healthcare Technology Report is renowned for its in-depth reports and insights on companies that are driving innovation and growth in the sector. The Top 100 Healthcare Technology Companies list celebrates organizations that stand out for their technological breakthroughs, customer impact, and ability to reshape healthcare delivery.

“We’re honored to be recognized alongside such an impressive list of innovative companies as we further our mission of empowering providers with AI-based solutions that reduce administrative burdens and optimize revenue cycle management,” said Or Peles, Nym’s CEO. “This recognition is a testament to the transformative potential of autonomous medical coding, the remarkable work of our team, and the strong partnerships we have built with clients across the US.”

Powered by innovative Clinical Language Understanding (CLU) technology, Nym’s autonomous medical coding engine accurately translates provider notes within patient charts into medical codes in seconds and with no human intervention. With capabilities for emergency medicine, radiology, outpatient surgery, outpatient visits, inpatient professional services, and urgent care, Nym is helping leading healthcare providers improve operational efficiency, optimize financial performance, and reduce administrative burdens, ultimately enabling providers to focus more time on patient care.

For more information about The Healthcare Technology Report’s Top 100 Healthcare Technology Companies of 2024, including the full list of awardees, visit The Healthcare Technology Report website.

About Nym

Nym is a leader in transforming clinical language into actionable information, which can remove inefficiencies that add billions to the cost of care. By combining cutting-edge technology with clinical expertise and a deep understanding of medical language, Nym is able to accurately decode medical charts in a way that is efficient, explainable, and compliant. The Company’s innovative solution for revenue cycle management (RCM) takes provider notes within patient charts and translates them into accurate diagnostic and billing charge codes, all within a matter of seconds and with zero human intervention. Along with over 95% accuracy of improved coding, Nym’s RCM solution delivers audit-ready, traceable documentation for every code it generates, ensuring total visibility into why each code was assigned. The Nym solution can be deployed and scaled based on volume and workflow needs, easing administrative burdens and allowing clinical teams to spend more time focused on patient care.

Based in New York City with R&D capabilities in Tel Aviv, Nym is building an interdisciplinary team of specialists including technologists, physicians, mathematicians, computational linguists, engineers, medical coders and more. Investors in Nym include PSG, Addition, GV, Bessemer Venture Partners, Dynamic Loop Capital, Tiger Global, Zach Weinberg and Nat Turner. To learn more about Nym, visit nym.health.

Fonte: Business Wire