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Nuance Acquires WebmedxBURLINGTON, Mass. --(Business Wire)-- Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it acquired Webmedx, the #1 KLAS-ranked transcription services provider. Webmedx, which offers transcription and editing services and clinical documentation technology for hospitals and clinics nationally, will strengthen Nuance Transcription Services (NTS), Nuance's (News - Alert) fully-managed, medical transcription services offering. In addition to complementary transcription leadership and scale, Webmedx's natural language processing (NLP) driven Quality Analytics application enhances Nuance's clinical language understanding (CLU) innovations, whereby actionable information improves business and clinical decisions. "Webmedx's award-winning clinical documentation services and technology strengthens and expands Nuance's work with healthcare organizations as they undertake EHR adoption and strive to achieve Meaningful Use," said Janet Dillione, executive vice president and general manager, Nuance Healthcare. "Additionally, Webmedx will help to accelerate Nuance's efforts to extend the power of its speech-driven solutions so that clinicians' spoken words are not simply transformed into text, but through clinical understanding solutions can be used for clinical decision making, leading to improved patient care and a reduction in overall healthcare costs." The addition of Webmedx brings many advantages and synergies that are expected to complement Nuance's presence in the healthcare market, as well as accelerate the future development of clinical understanding solutions that can significantly reduce costs and improve processes for the healthcare industry:
According to a new report from healthcare technology research and advisory firm CapSite, Nuance is recognized as the leading vendor that healthcare institutions consider as part of their decision to purchase a new transcription service. The addition of Webmedx further strengthens Nuance Transcription Services, bringing increased value and scale to healthcare organizations. NTS (News - Alert) combines Nuance's proprietary eScription speech recognition platform, which has achieved a Best in KLAS award in speech recognition for seven years in a row, with the Company's highly experienced, global medical transcription and editing services team. For more information on Nuance Transcription Services, as well as to learn about Nuance's capabilities in Clinical Language Understanding (CLU) please visit http://www.nuance.com/for-healthcare/index.htm. Nuance Healthcare Nuance Healthcare, a division of Nuance Communications (News - Alert), is the market leader in providing clinical understanding solutions that accurately capture and transform the patient story into meaningful, actionable information. Thousands of hospitals, providers and payers worldwide trust Nuance speech-enabled clinical documentation and analytics solutions to facilitate smarter, more efficient decisions across the healthcare enterprise. These solutions are proven to increase clinician satisfaction and HIT adoption, supporting organizations to achieve Meaningful Use of EHR systems and transform to the accountable care model. Recognized as "Best-in-KLAS" 2004-2010 for Speech Recognition we invite you to learn more, http://www.nuance.com/for-healthcare/index.htm. Nuance Communications, Inc. Nuance is a leading provider of speech and imaging solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with information and how they create, share and use documents. Every day, millions of users and thousands of businesses experience Nuance's proven applications and professional services. For more information, please visit www.nuance.com. Nuance and the Nuance logo are trademarks or registered trademarks of Nuance Communications, Inc. or its affiliates in the United States and/or other countries. All other company names or product names may be the trademarks of their respective owners.
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