- Raised $47M funding round, Oct 2024
- Raised $25M funding round led by Addition, Jul 2021
- Raised $16.5M funding round led by GV, Oct 2020
About
Nym Health is developing an automated coding system based on natural language understanding (NLU). Nyms NLU engine understands the logical relationships between different linguistic components in text, creating a model that captures the true narrative of each patient report. The system automatically assigns the relevant codes (e.g. ICD-10-CM, CPT, etc.) at each step, either validating that the narrative is fully understood or redirecting the record back to a human coder for review. The Nym engine is also able to flag charts that it does not understand rather than risk the introduction of errors. For charts that have been coded, Nyms audit-trail view provides a clear explanation of the reasoning behind the decision to assign a specific code. This allows for a quick understanding of the audit trail for validation, compliance, and appeals basis. The company is working to enable fully automated, efficient, and transparent revenue-cycle management for healthcare providers. It has started with coding, with the goal of eventually leveraging clinical language understanding and enabling new ways of processing clinical data.
Funding history · 4 rounds · $94.5M total
Q&A
- What is Nym's primary business?
- Nym Health develops an automated coding system for healthcare based on natural language understanding (NLU) to enable efficient and transparent revenue-cycle management.
- Where is Nym headquartered?
- Nym's headquarters are located in Tel Aviv-Yafo, Israel, with an additional office in New York, USA.
- When was Nym founded?
- Nym was founded in September 2017.
- What is Nym's total funding to date?
- Nym has raised a total of $94,500,000 USD.
- When was Nym's most recent funding round and who were the investors?
- Nym's most recent funding round occurred in October 2024, with participation from Addition and Samsung Next TLV
- Which investors participated in Nym's July 2021 funding round?
- Nym's July 2021 funding round included Addition and GV.
- What technologies does Nym utilize?
- Nym utilizes Artificial Intelligence and Natural Language Processing.
- What is Nym's primary target customer segment?
- Nym primarily targets customers in Healthcare & Life Sciences, specifically healthcare providers, laboratories, and insurance companies.
Team · 2
Sectors & technology
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Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | nym.health |
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| linkedin.com/company/28601233 | |
| facebook.com/nym.health |
Identifiers & details
| Founded | 2017-9 |
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| Employees (exact) | 274 |
| Offices | New York |
Radar intelligence
Patents
| EPO | 132 |
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Publications (Crossref)
| Works | 10 |
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Web history (Wayback)
| Domain | nym.health |
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Certificate / subdomain footprint
| Subdomains | 7 |
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