CodeRyte is a healthcare software company that uses natural language processing to determine reimbursement codes for hospital and physician insurance claims. Using clinical information contained in the transcribed patient medical record, CodeRyte’s product automatically assigns the appropriate billing codes, resulting in significant cost and time savings for healthcare providers.
Location: Bethesda, Maryland
Commons Capital’s co-investors include:
Venrock Associates, Polaris Ventures, Cardinal Health Partners, Solstice Capital, Washington Technology Partners, Maryland Department of Business and Economic Development and New Vantage Partners