In the name Coelophysis, the meaning as with a preposition has spread to a usage without a preposition; the name is a bahuvrihi which was probably intended to mean "having hollow processes (on its bones)".
In terms of its medical application as relating to bones, "-physis" can also mean "to grow." Specifically, as the term pertains to musculoskeletal medicine and orthopedics, "physis" refers to the region of a long bone between the epiphysis and the metaphysis, or in lay terminology, the "growth plate".