July 20, 2007—CodeRyte Inc, Bethesda, Md, announced yesterday that it added new clients in all its market segments, including physician practices, hospitals and medical billing companies, during Q207.

"Four academic medical centers, six large physician practices and two billing companies, representing almost six million annual reports, joined the CodeRyte family this quarter, said Andy Kapit, CodeRyte CEO. "This signals success against our biggest competitor: the status quo."

CodeRyte’s natural language processing technology and Web-enabled workflow software help maximize reimbursement, reduce denials, decrease outstanding account receivables, and improve efficiency.

—Cat Vasko