CodeRyte Expands Computer-Assisted Coding Solutions To New Specialty Areas

BETHESDA, Md., Feb. 14 /PRNewswire/ -- CodeRyte, Inc., a leading provider of Internet-based medical coding technologies and services, today announced it has expanded the application of its offerings. Building on the success of its radiology solutions and technological innovations, CodeRyte is now offering its innovative, computer-assisted coding solutions to cardiology, orthopedics, emergency medicine, and pathology. From free text or structured medical records, CodeRyte's technology identifies clinically relevant language and results in order to improve the clinical and financial processes of these additional medical specialties.

"In addition to the coding of medical diagnoses and procedures, CodeRyte's technology incorporates the complex coding rules associated with the evaluation and management components of patient care and physician services," said Andy Kapit, CEO of CodeRyte. "These specialty areas, and E/M encounters in general, result in a lot of clinical information that CodeRyte's context- sensitive language processing can identify, highlight and code."

The technology for the new specialties "reads" unstructured text in the patient reports, applies AMA and CMS Documentation Guidelines and assigns codes for consults, evaluations and new patients. By abstracting information from the provider's notes and incorporating that information into the billing process, the company's Natural Language Processing (NLP) technology facilitates the most accurate results for its customers, leading to faster turnaround times, improved compliance monitoring, better cash flow, and reimbursement that appropriately reflects the documentation.

With more than 120 installations, CodeRyte's customers include hospitals, practice management firms, specialty practices, billing companies, and faculty practice plans that use CodeRyte's products and services to establish compliance programs and efficiently manage the labor-intensive coding processes.

"CodeRyte's technology can benefit many different medical departments and specialties in addition to radiology," said Kapit. "CodeRyte is committed to providing cost-effective solutions that help physicians and hospitals successfully meet their coding, billing, workflow, and compliance challenges."

About CodeRyte

CodeRyte's technology successfully automates and facilitates the medical coding process through a combination of supervised learning, Natural Language Processing, statistics, clinical expertise, and other relevant workflow and web-enabled technologies. As an innovative technology provider, CodeRyte helps clients ensure accurate, reliable and cost-effective coding. Founded in 1999, the company delivers leading edge technologies and services designed for healthcare organizations, specific to their needs, to increase compliance, optimize appropriate reimbursements and streamline the workflow process.

Please visit http://www.coderyte.com/ for more information.

CodeRyte, Inc.

CONTACT: Media Contact: Nancy Mayes of Infotech Strategies,+1-703-772-2510, mayes@itstrategies.com, for CodeRyte; or Sales Contact: AlanHinderer of CodeRyte, +1-301-951-5302, ahinderer@coderyte.com

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