CodeRyte logo — company profile

CodeRyte

Founded 1999 19 employees Venture round Total: $36.02M AI, Health Care

General Information

Company Name CodeRyte
Founded Year 1999
Employees 19
Industries AI, Health Care
Funding Stage Venture round
Social

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About CodeRyte

CodeRyte is a company founded in 1999, operating in the AI and Health Care industries. Their sophisticated technology simplifies the coding process and identifies clinically relevant information from medical records, providing numerous benefits for their clients. With over 115 clients, including academic medical centers, integrated delivery networks, single-specialty practices, and billing companies, CodeRyte's natural language processing engine processes more than 2.7 million reports every month and has coded over 70 million records since its inception. The company received a $2.50M Venture Round investment on 29 July 2011, indicating a promising growth trajectory. CodeRyte's ability to streamline coding processes, enhance compliance, and analyze physician narratives presents a compelling opportunity for investment in the rapidly evolving health tech sector.

Taxonomy: natural language processing, medical coding, clinical informatics, NLP, reimbursement, denial reduction, remote coding, physician narratives, revenue cycle management, healthcare analytics

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $2.50M -
29 Jul 2011
Series D $13.00M 8
Polaris Partners, Versant Ventures +6
14 Nov 2008
Series C $8.52M 2
Solstice Capital, New Vantage Group
15 Mar 2006
Series B $12.00M -
01 Jan 2004

CodeRyte Alternatives & Competitors

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CodeRyte vs
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CodeRyte vs
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CodeRyte vs
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FAQ About CodeRyte

CodeRyte’s sophisticated technology streamlines the coding process and identifies clinically relevant information from medical records, allowing our clients to: * Secure their rightful reimbursement * Enhance compliance and efficiency * Reduce denials, total cost to collect and days in AR...
CodeRyte was founded in 1999.
CodeRyte operates in AI and Health Care. Its work centres on natural language processing, medical coding, clinical informatics and NLP.
CodeRyte has approximately 19 employees.
CodeRyte has completed 4 funding rounds, raising a total of $36.02M. The latest funding stage is Venture round.
Top alternatives and competitors to CodeRyte include Diagnoss, CodaMetrix, XpertDox, HANK (hank.ai), Emedlogix Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CodeRyte and Diagnoss are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for CodeRyte, https://bouncewatch.com/company/coderyte, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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