CodeRyte nets $13 million in financing

Medical coding provider CodeRyte of Bethesda, MD, has received $13 million in financing from healthcare and biotech capital venture firm Versant Ventures of Menlo Park, CA.

CodeRyte's natural language processing technology and Web-based workflow software is designed to enhance reimbursement, reduce denials, and decrease outstanding account receivables.

Related Reading

CodeRyte inks two contract extensions, July 30, 2008

CodeRyte signs new clients, April 24, 2008

CodeRyte partners with HIT firm, April 3, 2008

CodeRyte wins new clients, January 31, 2008

CodeRyte, AAPC form partnership, November 15, 2007

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