Nym

Company Overview

Snapshot

Founded in September 2017 by Amihai Neiderman and Adam Rimon, Nym operates with 201–500 employees. The company has raised $94.5 million across 4 funding rounds from 13 investors.

Business overview

Nym Health develops an automated coding system for healthcare providers, leveraging natural language understanding (NLU) to streamline revenue-cycle management. Its NLU engine analyzes patient reports to assign relevant medical codes (e.g., ICD-10-CM, CPT) automatically, while also flagging records that require human review for accuracy. The system provides an auditable trail for compliance and appeals, aiming to enhance efficiency and transparency in medical coding. Nym operates within the Health Tech & Life Sciences sector, specifically in Digital Healthcare and Clinical Workflow, serving hospitals, clinics, and insurance companies in the United States.

Strategic signal

This investment reinforces Nym's position as a key innovator in the healthcare revenue cycle management space, indicating potential for further expansion and technological advancements in its NLU-driven platform.

Company Intelligence Q&A

What was a significant partnership established by Nym?

In November 2020, Nym Health partnered with Geisinger to launch its autonomous coding technology, integrating its AI-powered solution into a major healthcare system.

What was a key development regarding Nym's market recognition?

In December 2020, Nym was ranked among the Top 10 Most Promising Startups of 2020, highlighting its innovative approach to healthcare automation.

When did Nym secure its Series A funding?

In October 2020, Nym Health completed its Series A funding round, which was led by GV and included participation from.

What was a notable customer adoption for Nym's technology?

In April 2022, Ochsner Health selected Nym as its medical coding partner, indicating significant adoption of Nym's automated coding solutions by large healthcare providers.