Nym
Natural Language Understanding for Automated Healthcare Coding
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. In October 2024, Nym secured a C Round of funding, with participation from Addition and Samsung Next TLV.
Business overview
Nym Health develops an automated coding system leveraging natural language understanding (NLU) to streamline healthcare revenue cycle management. Its NLU engine analyzes patient reports to understand linguistic relationships, automatically assigning relevant codes like ICD-10-CM and CPT. The system is designed to validate understanding or flag records for human review, providing an audit trail for compliance and appeals. Nym aims to enable fully automated, efficient, and transparent revenue-cycle management for healthcare providers, with a long-term goal of processing clinical data more broadly. The company operates within the Health Tech & Life Sciences sector, specifically in Digital Healthcare and Clinical Workflow, serving healthcare providers and insurance companies in geomarkets like the United States.
Strategic signal
In October 2024, Nym secured a C Round of funding, which signals continued investor confidence in its automated healthcare coding technology. This investment suggests a strong market validation for Nym's approach to improving efficiency and transparency in healthcare revenue cycle management, indicating potential for further expansion and development of its NLU engine.
Log in to access full profile ›Company Intelligence Q&A
- What is Nym's primary focus?
- Nym's primary focus is on developing an automated coding system using natural language understanding (NLU) to streamline healthcare revenue cycle management for providers.
- When was Nym founded and by whom?
- Nym was founded in September 2017 by Amihai Neiderman and Adam Rimon.
- Which investors participated in Nym's October 2024 funding round?
- In October 2024, Nym received funding from investors including Addition and Samsung Next TLV.
- What was a key partnership announced by Nym in November 2020?
- In November 2020, Geisinger partnered with Nym Health to launch autonomous coding technology.
- What was Nym's total capital raised?
- Nym has raised a total of $94.5 million across 4 funding rounds.