Ochsner Health Adopts Nym’s Medical Coding Engine to Enable Revenue Cycle Automation | News

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NEW YORK–(BUSINESS WIRE)–April 25, 2022–

Nym Health, a leader in translating clinical language into actionable information, today announced that its medical coding technology is powering Ochsner Health’s emergency services revenue cycle management.

An integrated health system that operates 40 hospitals and more than 300 health and urgent care centers across Louisiana, Mississippi and the southern Gulf, Ochsner Health uses the Nym Engine to optimize the speed and efficiency of its medical coding and billing processes.

“We are focused on simplifying complexity and building capacity and scalability to meet future needs, such as those associated with resources, dynamic workflows and rapidly growing visit volumes across the continuum. of care,” said Vicki Kaplan, Vice President, Coding and HIM. , Health Ochsner. “Ochsner’s emergency department medical billing automation is a key part of this effort, and we look forward to working with Nym to continually improve our operations.”

Combining clinical expertise, computational linguistics and explainable AI, Nym has developed technology that can understand clinical language and offers a whole new way to analyze and decode medical records into clear, concise and actionable information. The company’s innovative solution for revenue cycle management leverages the Nym engine to translate free text in patient records into accurate, compliant, and explainable diagnosis and billing codes (ICD-10-CM and CPT ), all in seconds and without any human intervention. .

“By providing scalable solutions that automate manual practices and eliminate workflow pain points, Nym’s goal is to simplify administrative processes for providers and enable better healthcare,” said Amihai Neiderman, CEO and co-founder of Nym. “We are thrilled to have the opportunity to partner with Ochsner Health and work alongside the premier coding organization they have created, adding value to a globally recognized healthcare system. nation that inspires healthier lives and stronger communities.”

About Ochsner Health

Ochsner Health is an integrated healthcare system whose mission is to serve, care, lead, educate and innovate. Celebrating 80 years in 2022, it is the national leader in cancer care, cardiology, neuroscience, liver and heart transplants, and pediatrics, among other areas. Ochsner is consistently named both the best hospital and the best children’s hospital in Louisiana by US News & World Report. The nonprofit organization inspires healthier lives and stronger communities. Its goal is to prevent disease and provide patient-centered care that is accessible, affordable, convenient and effective. Ochsner Health pioneers new treatments, deploys emerging technologies and conducts groundbreaking research, including more than 700 clinical studies. It has over 34,000 employees and over 4,500 employed and affiliated physicians in over 90 medical specialties and subspecialties. It operates 40 hospitals and more than 300 health and urgent care centers across Louisiana, Mississippi and the southern Gulf; and its cutting-edge Connected Health digital medicine program cares for patients beyond its walls. In 2021, Ochsner Health treated more than one million people from every state and 75 countries. As Louisiana’s top healthcare educator, Ochsner Health and its partners train thousands of healthcare professionals each year. To learn more, visit https://www.ochsner.org/.

Nym Health

Nym Health is the leader in turning clinical language into actionable information, which can eliminate the inefficiencies that add billions to the cost of care. By combining state-of-the-art technology with clinical expertise and a deep understanding of medical language, Nym is able to accurately decode medical records in a fast, explainable and compliant manner. The company’s innovative solution for Revenue Cycle Management (RCM) takes free-text provider notes from patient records and translates them into accurate, compliant diagnosis and billing codes, all in seconds and without no human intervention. With over 96% accuracy, Nym’s RCM solution provides traceable, audit-ready documentation for every code it generates, ensuring full visibility into why each code was assigned. The Nym solution can be quickly deployed and scaled based on volume and workflow needs, easing administrative burdens and allowing clinical teams to spend more time on patient care.

Based in New York with R&D capabilities in Tel Aviv, Nym builds an interdisciplinary team of specialists including technologists, physicians, mathematicians, computational linguists, engineers, medical coders and more. Nym investors include Addition, GV, Bessemer Venture Partners, Dynamic Loop Capital, Lightspeed, Tiger Global, Zach Weinberg and Nat Turner. To learn more about Nym, visit nym.health.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220425005056/en/

CONTACT: Media Contact

Nicole Parisier

Nym Health

[email protected]

1-847-986-9927

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CARDIOLOGY DATA MANAGEMENT PRACTICE MANAGEMENT MANAGED TECHNOLOGY CARE OTHER HEALTH GENERAL HEALTH ONCOLOGY OTHER TECHNOLOGY HOSPITALS

SOURCE: Nym Health

Copyright BusinessWire 2022.

PUB: 25/04/2022 08:00 / DISC: 25/04/2022 08:02

http://www.businesswire.com/news/home/20220425005056/en


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