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CodeRyte partners with CPU

Monday, 10 April 2006
Bethesda, Maryland (April 10, 2006) — CodeRyte™, Inc. today announced a new business partnership with practice management developer CPU Medical Management Systems, Inc. of San Diego, Calif.

As a result of a marketing and referral relationship between the two companies, CodeRyte is a preferred provider of computer-assisted coding solutions for CPU clients and prospects, offering them the additional benefit of CodeRyte's services and technology.

CodeRyte uses advanced Natural Language Processing (NLP) technology, coupled with supervised learning and medical expertise, to automate the assignment of diagnostic and procedure codes to radiology, emergency medicine, cardiology, pathology and orthopedics reports while enhancing compliance monitoring and Quality Assurance.

CPU offers comprehensive medical billing and practice management software systems for hospital-based practices, office-based providers, and billing service organizations. CPU's software solution also includes a totally integrated radiology information system for imaging and office-based practices.

CodeRyte's many customers — including academic and specialty practices, billing and practice management companies and hospitals — experience a variety of benefits, including:
  • Increased coder productivity
  • Enhanced compliance monitoring
  • Fewer denials and pending claims
  • Maximized appropriate reimbursement
  • Streamlined workflow
  • Valuable clinical feedback
  • Easy integration

CodeRyte designed its NLP technology to process physicians. reports so their dictations can maintain the full color of their narrative and the power of their observations without fearing that billing requirements will obscure important clinical information. On the contrary, the fullness of their reporting will result in better and more efficient coding while ensuring the best source data for the long-term care of the patient, medical discovery and research.

About CodeRyte
CodeRyte™s state-of-the-art NLP technology delivers more accurate coding results, which lead to faster turnaround times, more accurate reimbursement and improved cash flow. Through its products and services, CodeRyte™s customers can more efficiently manage labor-intensive coding processes while simultaneously improving their ability to monitor and enhance compliance. Visit CodeRyte at www.coderyte.com.

About CPU Medical Management Systems, Inc.
CPU Medical Management Systems, Inc. is a leading provider of healthcare information systems targeted to physician organizations and billing services. CPU's practice management solutions tackle administrative and financial tasks with ease and accuracy, improving efficiency, increasing collections and decreasing the cost of billing. Visit CPU at www.cpumms.com.