Nym Health
Latest round
- Series A
Last raised
- Oct 2020
Total raised
- $23M
Investors
- 5
About Nym Health
Nym Health Ltd. was founded in 2018 in New York, US. The company provides solutions to improve medical coding operations for healthcare facilities. The founders, Adam Rimon and Amihai Neiderman, have a history of entrepreneurship.Nym specializes in autonomous medical coding solutions designed to enhance operational efficiency and optimize financial performance for healthcare providers, including health systems, hospitals, and physician groups. The core offering, the autonomous medical coding engine, integrates into existing coding workflows, automating the initial coding of medical charts with high accuracy and minimal human intervention. This technology is supported by innovative Clinical Language Understanding (CLU) capabilities and a rules-based approach, achieving over 95 percent coding accuracy while producing transparent audit trails for every code assigned. Nym's solutions cater to a diverse clientele, including large health systems with significant emergency department visit volumes, enabling them to reduce administrative burdens and refocus on patient care.Nym generates revenue through a subscription-based model, offering its autonomous medical coding engine as a service to healthcare organizations. Clients typically engage with Nym through multi-year contracts that provide ongoing access to the coding engine and associated support services. This financial structure allows healthcare providers to benefit from consistent updates and improvements to the software, ensuring compliance with the latest coding guidelines.In October 2024, Nym Health Ltd. The company plans to develop new product features and expand into additional markets, with a focus on increasing its presence in North America and potentially exploring international opportunities in the healthcare sector.
Who invested in Nym Health
5 investors across 2 rounds
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Questions about Nym Health
Who invested in Nym Health?
Nym Health has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Nym Health raised?
Nym Health has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Nym Health last raise money?
Nym Health's most recent round on record is a Series A, in Oct 2020.
What does Nym Health do?
Nym Health is a software company.
Where is Nym Health headquartered?
Nym Health is headquartered in New York, US.
Which VCs invest in companies like Nym Health?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Nym Health's stage. Their profiles are linked below.
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