Nuance Communications, a major vendor
of medical dictation, transcription, speech
recognition and natural language processing technologies and services, has agreed
to acquire the Quantim health information
management business line of hospital vendor QuadraMed Corp.
QuadraMed is owned by equity firm
Francisco Partners and terms of the deal to
acquire the Quantim unit were not disclosed.
Quantim sells a suite of software modules
covering coding, computer-assisted coding,
medical necessity compliance, data abstrac-
tion, clinical documentation integrity, record
management, and electronic documenta-
tion management. Nuance also is looking to
buy QuadraMed’s Core Measures and Per-
formance Measurement product suite that
manages clinical quality and reporting.
Quantim serves about 650 commercial
hospitals and the Veterans Health Administration. Nuance expects to quickly combine
its natural language processing technology
with Quantim’s computer-assisted coding
Nuance To Buy QuadraMed’s
Quantim HIM Product Line
software and offer an integrated package to
providers implementing the ICD- 10 code
sets. Nuance earlier in 2012 acquired medical transcription firm Transcend Services,
picking up more than 320 small to mid-sized
hospitals and delivery system, a market that
Quantim also serves. It now can cross sell
additional services to these newer clients as
well as longstanding customers.
QuadraMed plans to retain its other software products, covering access and identity