NYX-Med

New York, United States Founded: 1999 • Age: 27 yrs
Technology solutions for US healthcare denial management are provided.

About NYX-Med

NYX-Med is a Healthcare company based in New York (United States) founded in 1999. Technology solutions for US healthcare denial management are provided. It operates in the Healthcare and Technology sectors. The company has 1,040 employees. Its Indian entity Nyx Medical Solutions Private Limited reported revenue of β‚Ή49.68 Cr. NYX-Med offers products and services including Revenue Cycle Management, Data Visualization, Analytics Solutions, and Medical Equipment Billing. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include Infinx, AKASA and Plusgrade; 2 of its 3 listed competitors have raised funding.

Company details

NYX-Med is the provider of end-to-end technology-driven solutions to US healthcare. It provides a proprietary bot-based technology to reduce AR days and predicts future denials with a rule-based analytics engine. Also, offers a denial management tool to increase reimbursements as well as a Call Back technology to eliminate insurance hold times. Besides, the company also provides medical transcription, financial and general transcription, medical coding billing, electronic health record consulting, practice management, help desk services and IT staffing and solutions. The company has offices in the US and India.

  • Headquarters New York, United States
  • Employees 1,040
  • Sectors
    Healthcare
    Technology
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website nyx-med.com
  • Social LinkedIn
  • Legal Name Nyx Medical Solutions Private Limited
  • Date of Incorporation 13 Oct, 2015
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹49.68 Cr

    FY 2023 · +48% YoY

  • Indian entity net profit
    ₹68.9 Lakh

    FY 2023 · 1% margin

  • Indian entity EBITDA
    ₹2.00 Cr

    FY 2023 · 4% margin

  • Employee Count
    1,040

Products & Services of NYX-Med

NYX-Med offers a comprehensive portfolio of products and services, including Revenue Cycle Management, Data Visualization, Analytics Solutions, and Medical Equipment Billing.

Revenue Cycle Management
Business Process Services

Services to automate and optimize healthcare financial processes.

Data Visualization
Analytics Tools

Interactive analysis for identifying patterns in healthcare data.

Analytics Solutions
Data-Driven Insights

Tools for monitoring and improving healthcare operations efficiency.

Medical Equipment Billing
Billing Services

Solutions for managing billing and claims in medical contexts.

Board of directors of Nyx Medical Solutions Private Limited (NYX-Med)

Nyx Medical Solutions Private Limited is the primary company behind NYX-Med. The board of Nyx Medical Solutions Private Limited currently have 2 directors; the longest-serving is Payal Kodangada Karumbiah, appointed in 2015.

DirectorDesignationAppointedTenureEntity
Payal Kodangada Karumbiah
DIN 00489955
Director13 Oct 201511 yrsNyx Medical Solutions Private Limited
Chaitanya Harimohan
DIN 05303500
Director13 Oct 201511 yrsNyx Medical Solutions Private Limited

People of NYX-Med

21 people are tracked at NYX-Med (4 in leadership, 17 in team); the tracked headcount is 1,040.

NameRoleGroup
Senthil Ramachandran
Assistant Vice President - RCM OperationsLeadership
Chief Executive OfficerLeadership
Bruce Russell
COOLeadership
Uttam Kumar
Director Of Information TechnologyLeadership
G Venkatesh
Senior AnalystTeam
Zee Shan
Medical Billing SpecialistTeam
Vikas Chinthaparthi
Quality AnalystTeam
Arwin Clifford
Billing And CodingTeam
Anand Babu
Senior AR AssociateTeam
Shoaib Ahmed
Operations ManagerTeam
Payal Mohanty
Senior Coding ExecutiveTeam
Syed Muzammil
Accounts Receivable AnalystTeam
Mohammed Idrees Khan
Quality SpecialistTeam
Ruben Singh
Senior Account ReceivableTeam
Bala Subramanian S
Quality AnalystTeam
Sagul Hameed
Senior ManagerTeam
Shaik Gani
SOC AnalystTeam
Sameer Pasha
Senior Operations ManagerTeam
Hemanth Kumar Chandrashekar
ManagerTeam
Daniel David
Medical Coding ExecutiveTeam

1 more people are available in the full profile.

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Financials of NYX-Med

Figures of Nyx Medical Solutions Private Limited, the primary company behind NYX-Med, for FY 2023. Revenue was ₹49.68 Cr (+48% year on year). Net profit was ₹68.9 Lakh (1% margin). EBITDA was ₹2.00 Cr (4% margin). Revenue has grown at a compounded annual rate of +51% over three years and +90% over five years.

  • ₹49.68 CrRevenue · FY 2023 · +48% YoY
  • ₹68.9 LakhNet profit · 1% margin
  • ₹2.00 CrEBITDA · 4% margin
  • ₹31 LakhPaid-up capital
  • 1,040Employees (provident fund records)
  • +51%Revenue CAGR, 3 years
  • +90%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Nyx Medical Solutions Private Limited are on its company page.

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Detailed financial statements for NYX-Med

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
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  • Downloads

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Competitors of NYX-Med

NYX-Med has 3 listed competitors in our database, 2 of them funded. They include Infinx, AKASA and Plusgrade.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
infinx.com2010San Francisco, United States6,350
Revenue cycle management platform for healthcare is provided.
akasa.com2018San Francisco, United States$80M46
Revenue cycle automation platforms are provided for healthcare reimbursement.
plusgrade.com2009New York, United States$150.67M
SaaS revenue management solutions are offered to airlines for optimization.
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Detailed competitors of NYX-Med

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Web traffic of NYX-Med

The website of NYX-Med (nyx-med.com) receives about 1.9K visits a month.

  • Monthly visits
    1.9K

    ▼ 1.6% vs previous month

Similar websites

Websites whose visitors overlap most with NYX-Med. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
pragyahealth.com
pragyahealth.com
100%
–
rtwohealthcare.com
98%
1.4K#11,441,154View details
cardeahealthcare.in
cardeahealthcare.in
85%
–
novalife.in
83%
1.6K#9,263,117View details
medasus.com
medasus.com
78%
#7,192,839–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 6 similar websites and full traffic analytics for NYX-Med

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 6 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Clinical IT & Data Platforms

3 companies that operate in the same segment as NYX-Med (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M1,746
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Frequently Asked Questions about NYX-Med

NYX-Med was founded in 1999.

NYX-Med is headquartered in New York, United States. It is registered at New York, New York, United States.

NYX-Med has 1,040 employees.

The primary company behind NYX-Med, Nyx Medical Solutions Private Limited, reported revenue of β‚Ή49.68 Cr for FY 2023, up 48% year on year.

NYX-Med is the provider of end-to-end technology-driven solutions to US healthcare. It provides a proprietary bot-based technology to reduce AR days and predicts future denials with a rule-based analytics engine. Also, offers a denial management tool to increase reimbursements as well as a Call Back technology to eliminate insurance hold times. Besides, the company also provides medical transcription, financial and general transcription, medical coding billing, electronic health record consulting, practice management, help desk services and IT staffing and solutions. The company has offices in the US and India.

NYX-Med's top competitors include AKASA, Infinx and Plusgrade.

NYX-Med offers Revenue Cycle Management, Data Visualization, Analytics Solutions, and Medical Equipment Billing.

NYX-Med operates through Nyx Medical Solutions Private Limited.

The legal entities of NYX-Med currently have 2 directors, including Payal Kodangada Karumbiah, Chaitanya Harimohan.

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