{"id":49256,"date":"2022-10-06T16:02:04","date_gmt":"2022-10-06T14:02:04","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/nym-launches-radiology-coding-solution-for-revenue-cycle-management\/"},"modified":"2022-10-06T16:02:04","modified_gmt":"2022-10-06T14:02:04","slug":"nym-launches-radiology-coding-solution-for-revenue-cycle-management","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/nym-launches-radiology-coding-solution-for-revenue-cycle-management\/","title":{"rendered":"Nym Launches Radiology Coding Solution for Revenue Cycle Management"},"content":{"rendered":"
\n

\nProduct Expansion Drives Automation in Emergency Department, Urgent Care and Radiology Facilities, Bringing Nym\u2019s Medical Coding Engine to Three Outpatient Specialty Areas<\/i>\n<\/p>\n

NEW YORK–(BUSINESS WIRE)–Nym<\/a>, 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 Nym\u2019s autonomous medical coding technology to a third outpatient specialty area, expanding access to the Company\u2019s 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.\n<\/p>\n

<\/a><\/p>\n

\nLeveraging clinical expertise, computational linguistics and explainable AI, Nym\u2019s medical coding engine deciphers physician notes in patient charts and assigns accurate ICD-10 and CPT codes for billing. The engine codes charts within seconds with over 96 percent accuracy and zero human intervention. Unlike other autonomous coding solutions that rely heavily on machine learning, the Nym engine\u2019s hybrid rules-based approach enables rapid expansion into new specialties with minimal legacy data.\n<\/p>\n

\n\u201cWe\u2019re excited to be fortifying our engine\u2019s capabilities and launching in another major specialty area that drives significant coding volume for our customers,\u201d said Nym\u2019s Chief Product Officer Melisa Tucker. \u201cWe have seen exceptional results in radiology and will expand to multiple new specialties in 2023, allowing us to automatically code the majority of outpatient visits for our health system customers.\u201d\n<\/p>\n

\nNym\u2019s radiology offering is currently available to the Company\u2019s existing customers, as well as to new customers. It includes ICD-10-CM, CPT, and modifier coding, and is available for both professional and facility coding. 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.\n<\/p>\n

\n\u201cThe Nym engine has been a game changer for our emergency medicine and urgent care customers, particularly in terms of coding cost, quality, and speed,\u201d added Nym\u2019s Chief Commercial Officer Julien Dubuis. \u201cOur customers have been requesting coding automation across more specialty areas, and we are thrilled to be able to meet their needs and support radiology facilities.\u201d\n<\/p>\n

\nAbout Nym<\/b>\n<\/p>\n

\nNym is the leader in transforming clinical language into actionable information, which can remove inefficiencies that add billions to the cost of care. By combining industry-leading technology with clinical expertise and a deep understanding of medical language, Nym is able to accurately decode medical charts in a way that is fast, explainable and compliant. The Company\u2019s 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 96+% accuracy, Nym\u2019s 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 quickly deployed and scaled based on volume and workflow needs, easing administrative burdens and allowing clinical teams to spend more time focused on patient care.\n<\/p>\n

\nBased 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 Addition, GV, Bessemer Venture Partners, Dynamic Loop Capital, Lightspeed, Tiger Global, Zach Weinberg and Nat Turner. To learn more about Nym, visit nym.health<\/a>.\n<\/p>\n

Contacts<\/b> <\/p>\n

\nNicole Pariser
\n
nicole@nymhealth.com<\/a>
1-847-986-9927\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Product Expansion Drives Automation in Emergency Department, Urgent Care and Radiology Facilities, Bringing Nym\u2019s Medical Coding Engine to Three Outpatient Specialty Areas NEW YORK–(BUSINESS WIRE)–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 Nym\u2019s … [Read more…]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-49256","6":"format-standard","7":"category-industry"},"yoast_head":"\nNym Launches Radiology Coding Solution for Revenue Cycle Management - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/nym-launches-radiology-coding-solution-for-revenue-cycle-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nym Launches Radiology Coding Solution for Revenue Cycle Management - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"Product Expansion Drives Automation in Emergency Department, Urgent Care and Radiology Facilities, Bringing Nym\u2019s Medical Coding Engine to Three Outpatient Specialty Areas NEW YORK–(BUSINESS WIRE)–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. 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