Nym
Nym provides autonomous medical coding software for US health systems and physician groups, using proprietary Clinical Language Understanding technology to assign codes with zero human intervention. The platform processes over six million charts annually across six specialties.
- Company typePrivate
- Founded2018
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Nym does
Nym is a healthcare technology company providing autonomous medical coding software to US health systems and physician groups. The company's proprietary Clinical Language Understanding (CLU) engine combines machine learning, natural language processing, and rules-based clinical ontologies to assign medical codes — CPT, ICD-10, HCPCS, and modifiers — with zero human intervention, returning coded charts within seconds and producing transparent audit trails for compliance review. Headquartered in New York City with research and development operations in Tel Aviv, Nym serves 30+ named customers including Geisinger, Inova, Ochsner Health, OSF HealthCare, Loma Linda University Health, Henry Ford Health, Intermountain Health, Oregon State University Physicians, and Genesis HealthCare, processing more than six million charts annually across six specialties (emergency medicine, radiology, pathology, anesthesiology, urgent care, and primary care).
The product addresses revenue cycle management pain points by eliminating manual coder bottlenecks, reducing coding-related denials, and shortening time-to-bill. The platform is deployed either standalone or integrated into leading EHR environments, with Epic Toolbox listing secured in 2024. Nym holds SOC 2 Type II certification and has been validated by KLAS Research as a Top Performer in Computer-Assisted Coding. The business model is enterprise SaaS to large hospital systems and physician groups, with per-chart pricing consistent with autonomous coding plus platform subscription; details are not publicly disclosed. The company has raised $92M+ across multiple rounds, most recently a $47M growth round led by PSG in September 2024, and operates with a commercial leadership team assembled for go-to-market scaling.
Nym firmographics
Firmographics- Name
- Nym
- Legal name
- Nym Health Ltd.
- Website
- https://nym.health
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Nym provides autonomous medical coding software for US health systems and physician groups, using proprietary Clinical Language Understanding technology to assign codes with zero human intervention. The platform processes over six million charts annually across six specialties.
- Ownership category
- akta.pro rank
Nym industry classification
Industry- Product category
- Healthcare Revenue Cycle Management Software
- NAICS
- Software Publishers (513210), Computer Systems Design and Related Services (54151)
- SIC
- Services-Prepackaged Software (7372), Hospital & Medical Service Plans (6324)
- akta.pro primary industry
- Medical Billing & Coding Automation (HLACACAA)
- akta.pro secondary industries
- Medical Coding, Billing & Clinical Documentation Support (BPAAAFAD), Clinical Coding Support (ICD/CPT/SNOMED) & Documentation Compliance Tools (HLACAAAO), Healthcare Terminology, Ontology & Code Set Management (SNOMED/LOINC/ICD/RxNorm) (HLACAIAF)
Keywords
Where Nym is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Nym business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Autonomous Medical Coding Platform: SaaS-based autonomous medical coding solution sold to health systems and physician groups. Pricing appears to be based on chart volume or subscription model for healthcare organizations.
- Per-Chart/Usage-Based Pricing: Revenue generated based on the number of charts processed through the autonomous coding engine, likely in conjunction with subscription contracts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise subscription for health systems |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
Nym product offering
Product offeringCore offering
Nym provides an AI-powered Autonomous Medical Coding Engine that deciphers clinical language in patient charts and assigns medical codes in seconds with zero human intervention, transforming revenue cycle operations for health systems and physician groups. The engine is powered by proprietary Clinical Language Understanding (CLU) technology that combines machine learning, natural language processing, and rules-based clinical ontologies to support six specialties (emergency medicine, radiology, outpatient surgery, urgent care, professional fee, and facility coding). The platform integrates with Epic EHR systems, processes over 6 million charts annually, and delivers fully transparent audit trails with documentation references and guideline citations for every coded encounter.
Product overview
Nym offers a unified autonomous medical coding platform centered on its Autonomous Medical Coding Engine. The core engine is powered by proprietary Clinical Language Understanding (CLU) technology that combines NLP, machine learning, and rules-based clinical ontologies. The platform supports multispecialty coding across areas including emergency medicine, radiology, inpatient, outpatient surgery, urgent care, and professional fee coding. Encounters are processed in seconds with zero human intervention, and the engine generates both CMS-1500 and UB-04 claims simultaneously from a single workflow. The system produces comprehensive audit trails for every coded encounter, including documentation references and guideline citations.
Differentiator
Problem solved
Functional benefit
Products and services
- Nym Autonomous Medical Coding Engine AI-powered autonomous medical coding engine that deciphers clinical language in patient charts and assigns medical codes in seconds with zero human intervention. Processes encounters through Clinical Language Understanding technology, applies consistent coding logic across every encounter, and routes successfully coded encounters directly to billing. Supports six specialties including emergency medicine, radiology, outpatient surgery, urgent care, professional fee, and facility coding, and generates both CMS-1500 and UB-04 claims simultaneously from a single workflow.
- Clinical Language Understanding (CLU) Technology Nym's proprietary Clinical Language Understanding (CLU) technology that combines machine learning models with rules-based clinical ontologies to understand the complexity of clinical documentation, interpret clinical concepts with context and negation, and support accurate, compliant code assignment with transparent audit trails and guideline citations. Powers the Autonomous Medical Coding Engine and maintains over 95% coding accuracy with automatic updates when new coding guidelines are released.
Quantifiable outcome
- 97% reduction in coding-related denial rates (from 0.0998% to 0.0030%)
- +6 more outcomes
Companies that use Nym
Customer profileNamed customers9 records
Segments2 records
Ideal customer profiles2 records
Nym technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability5 records
Feature5 records
Nym partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and secondary.
- Healthcare Financial Management Association (HFMA)coreNym and HFMA co-hosted an executive roundtable where revenue cycle and health information management leaders discussed AI and automation tools for mid-revenue cycle operations in health systems. The roundtable focused on clinical documentation, medical coding, and charge capture workflows.
- Epic SystemscoreNym's Autonomous Medical Coding Engine was listed in the Epic Toolbox, enabling integration with Epic's EHR ecosystem. This provides Nym access to Epic's extensive hospital customer base and seamless integration for Epic users.
- AHIMA (American Health Information Management Association)secondaryNym was featured in an AHIMA film series spotlighting how technology is shaping the future of health information. Nym's technology featured in a film about how autonomous coding helped transform emergency department medical coding at Inova.
Scale indicators9 records
Recent moves6 records
Expansion highlights3 records
Nym competitors and assessment
Company assessmentDirect peers
- AKASA: AI-driven autonomous revenue cycle platform for health systems including medical coding, claims and prior authorization; overlaps directly with Nym's autonomous coding focus as part of a broader mid-revenue-cycle automation suite.
- CodaMetrix: Boston-based AI medical coding startup that uses NLP to autonomously assign codes from clinical notes — a direct competitor to Nym across hospital specialties such as emergency medicine, radiology and inpatient coding.
- Fathom: AI-native medical coding automation company serving health systems and physician groups; directly comparable as a pure-play autonomous coding competitor with similar NLP-driven architecture.
- Aidéo Technologies: AI medical coding company offering autonomous coding across multiple specialties for hospitals and physician groups; competes head-to-head with Nym in the same autonomous-coding category evaluated by KLAS.
Emerging players
- DeepScribe: AI ambient medical scribe that automatically generates clinical documentation from patient encounters; adjacent to Nym as it competes for the same clinical-documentation workflow and increasingly feeds downstream coding and billing.
- Olive AI: Healthcare AI automation company (now narrower in scope) historically pursuing autonomous revenue cycle workflows including coding; partial overlap with Nym's autonomous-coding thesis and shares several healthcare investors.
- Suki AI: AI clinical assistant that automates clinical documentation and integrates with EHRs including Epic; an emerging adjacent player whose outputs increasingly flow into coding workflows Nym also targets.
Broad incumbents
- Waystar: Public-company-style RCM technology platform covering claims, billing, coding and patient payments; competes with Nym via end-to-end suites that increasingly incorporate AI-assisted coding capabilities.
- Optum (UnitedHealth Group): Largest US healthcare services and RCM platform, including coding, billing and analytics at massive scale; competes with Nym through both internal autonomous coding R&D and bundled RCM offerings to providers and payers.
- 3M Health Information Systems: Incumbent provider of medical coding, grouping and computer-assisted coding (CAC) software embedded across most US hospitals; competes with Nym via installed CAC base and is actively integrating AI coding features.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Nym social profiles
Digital presenceNym compliance and trust
Trust signalCompliance1 record
Nym financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nym leadership team
Management profileNumber of profiles
Profiles1 record
Nym funding detail
Funding detailFunding overview
Funding rounds5 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nym M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nym
What does Nym do?
Nym provides an AI-powered Autonomous Medical Coding Engine that deciphers clinical language in patient charts and assigns medical codes in seconds with zero human intervention, transforming revenue cycle operations for health systems and physician groups. The engine is powered by proprietary Clinical Language Understanding (CLU) technology that combines machine learning, natural language processing, and rules-based clinical ontologies to support six specialties (emergency medicine, radiology, outpatient surgery, urgent care, professional fee, and facility coding). The platform integrates with Epic EHR systems, processes over 6 million charts annually, and delivers fully transparent audit trails with documentation references and guideline citations for every coded encounter.
Is Nym a public or private company?
Nym is a private company. It is classified as venture growth investor backed and is currently operating.
When was Nym founded?
Nym was founded in 2018. It employs 101 to 250 people.
Where is Nym based?
Nym is headquartered in New York, United States, in the North America region.
How does Nym make money?
Two revenue lines are on record. Autonomous Medical Coding Platform is the primary driver. The others are per-Chart/Usage-Based Pricing.
Who are Nym's main competitors?
Direct peers on record are AKASA, CodaMetrix, Fathom and Aidéo Technologies. Emerging players are DeepScribe, Olive AI and Suki AI. Broad incumbents are Waystar, Optum (UnitedHealth Group) and 3M Health Information Systems.
Does Nym have an API?
No public API is recorded for Nym.
What industry is Nym in?
Nym's product category is Healthcare Revenue Cycle Management Software. Its primary akta.pro industry code is HLACACAA, Medical Billing & Coding Automation, with a secondary code of BPAAAFAD, Medical Coding, Billing & Clinical Documentation Support. Its NAICS code is 513210 and its SIC code is 7372.