ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Nym’s Autonomous Medical Coding Engine Listed in Epic Toolbox

By: via Business Wire

Multi-Speciality Revenue Cycle Management Solution Meets Epic’s Recommended Connection Practices for Fully Autonomous Coding

Nym, a leader in autonomous medical coding, today announced that its medical coding engine has received Toolbox designation within the Fully Autonomous Coding category of Epic’s Showroom. Toolbox includes third-party applications that meet Epic’s recommended connection practices for a specific category.

“Nym’s engine is improving productivity in medical coding, driving better coding quality, simplifying workflows, and accelerating payment cycles for health systems and provider groups across the US,” said Benjamin Gold, Senior Vice President of Product at Nym. “As we expand the capabilities of our engine to automate traditionally manual coding practices across more and more specialty areas, earning the Toolbox designation from Epic is another example of how we strive to eliminate friction and deliver solutions that are as seamless as possible for providers to implement and use.”

Powered by innovative Clinical Language Understanding (CLU) technology, Nym’s autonomous medical coding engine deciphers physician notes in patient charts and assigns medical billing codes for outpatient settings such as emergency medicine, radiology, and outpatient surgery, as well as inpatient settings such as inpatient professional fee (Profee) coding. The Nym engine codes patient charts in a matter of seconds with over 95% accuracy and zero human intervention, enabling healthcare providers to optimize resource allocation and reduce coding costs, the risk of denials, and missed revenue.

Epic customers interested in learning about Nym’s autonomous medical coding solution can find more information in Toolbox on Epic Showroom.

About Nym

Nym 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’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, 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 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.

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 Addition, GV, Bessemer Venture Partners, Dynamic Loop Capital, Tiger Global, Zach Weinberg and Nat Turner. To learn more about Nym, visit nym.health.

Epic is a registered trademark of Epic Systems Corporation.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.