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Nym is a leader in autonomous medical coding.

Psg portfolio nym2 background

Nym’s mission is to help simplify the U.S. healthcare system and reduce the country’s outsized administrative burden to allow healthcare providers to focus on patient treatment and reduce the growing cost of care. Its autonomous medical coding engine uses AI and clinical language understanding (CLU) technology to decipher patient charts and aims to accurately assign medical codes in seconds.

Year Invested
2024
Location
New York, NY
Website
nym.health
“We are passionate about helping the US healthcare system operate more efficiently. Across our team of physicians, computational linguists, researchers, engineers, and medical coders, we’re energized by the opportunity to deliver AI that creates value for care providers and patients. We’re excited about our momentum as we continue to expand our multi-specialty solution to support new care areas, and we look forward to leveraging PSG’s experience scaling healthtech and AI-driven businesses.”
— Or Peles, CEO of Nym

This statement is provided by an executive of a portfolio company of a PSG fund. PSG has not provided cash or other compensation in exchange for receiving this statement. Any discretion PSG exercises in the determination of the compensation of its portfolio company executives, or other benefits provided to such executives, is not influenced by whether such executive has provided a favorable statement. Nevertheless, the fact that any statements have been provided by individuals whose compensation PSG exercises a certain level of control over, or who may receive certain benefits from PSG, may incentivize such individuals to provide favorable evaluations of their experiences working with PSG. The executive is not an investor in strategies sponsored by PSG.

Did you know?

Across its customer base of health systems, hospitals, and physician groups in the U.S., Nym has processed over six million charts annually as of September 2024, and, within certain use cases, has been demonstrated to improve coding accuracy to over 95%.

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