Abercrombie Radiology and Healthcare Administrative Partners select CodeRyte technology

Monday, 08 August 2005

Diagnostic and interventional radiology technology to streamline and improve coding and billing operations.

Bethesda, Maryland (August 8, 2005) -- CodeRyte™, Inc. announced today that Abercrombie Radiology, an 80-year-old radiology group in Knoxville, Tenn., and Healthcare Administrative Partners, a medical billing and practice management company in Media, Pa., will both begin using CodeRyte's automated diagnostic and interventional radiology (IR) technology to streamline and improve their radiology coding and billing operations.

"We look forward to implementing CodeRyte's technology to enhance our coding and practice management solutions," said Brian Effron, president and chief executive officer of Healthcare Administrative Partners. "We feel confident that CodeRyte is equally committed to improving healthcare efficiency and quality by streamlining the medical coding process."

CodeRyte recently introduced its IR coding tool that automates coding for angiography, the most complicated subset of Radiology coding. The angiography application features anatomy diagrams for each note, an important resource for coding angiograms. The combination of automated coding, coding-to-billing workflow and graphic enhancements brings simplification and process management to the intricate field of angiography coding. "We heard from several other radiology groups that CodeRyte is a very good company and that its services are very helpful to their practices," said Shannon Hampson, administrator of Abercrombie Radiology.

In addition to increasing coding speed and quality, CodeRyte's technology facilitates compliance monitoring, streamlines the workflow process, and reduces the number of denied claims. The application uses advanced Natural Language Processing (NLP), statistics, machine learning, clinical expertise and other web-enabled technologies to "read" clinical data from the provider's free text and automatically assign the appropriate diagnostic and procedural codes.

"Our technology improves coding - both in speed and accuracy. This translates to more appropriate reimbursement levels, greater job satisfaction for coders, and enhanced operational efficiency for the organization," said Andy Kapit, CodeRyte CEO. "We're pleased to have been selected by Abercrombie and Healthcare Administrative Partners, and look forward to a longstanding relationship with both organizations."

Founded in 1999, CodeRyte develops technologies and services that automate and improve healthcare coding and billing processes. CodeRyte customers include billing companies, practice management firms, specialty practices, hospitals and faculty practices. For more information, please visit www.coderyte.com or call (301) 951-5300.

About Coderyte
CodeRyte's technology successfully automates and facilitates medical coding and the revenue cycle with a combination of machine learning, Natural Language Processing (NLP), 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 call 301-951-5300 or visit http://www.coderyte.com for more information.