logo
Share SHARE
FONT-SIZE Plus   Neg

Nuance Communications To Buy QuadraMed's Health Information Management Business

Nuance Communications Inc. (NUAN) said it would acquire Quantim, the Health Information Management or HIM business of QuadraMed Corp. (QDHC), an information technology solutions provider for the healthcare industry. On working closely with industry partners, Nuance and Quantim would ease healthcare providers' transition to ICD-10, while preserving clinician productivity and document workflows and, most importantly, ensuring the quality of patient care.

The company noted that this accretive transaction would integrate Nuance clinical language understanding or CLU and Quantim Coding Solutions to enhance productivity and ensure accurate reimbursement for healthcare providers.

Nuance plans to deliver CLU-powered CAC solutions quickly into the market within Quantim's integrated, web-based platform to support a more efficient transition to ICD-10 and deliver better financial results for customers.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Ciena Corp., a provider of communications networking solutions, on Thursday reported a turnaround to profit in the fourth quarter on higher revenues and lower expenses. However results for the quarter missed analysts' estimates. Looking ahead, the company forecast revenue for the first quarter of fiscal 2017 in line with analysts' expectations. Wearable fitness device maker Fitbit Inc. said it has acquired the assets of struggling smartwatch startup Pebble, including key personnel and intellectual property related to software and firmware development. The acquisition excludes Pebble's hardware products. Financial terms of the deal were not disclosed. Starbucks is teaming up with Pokémon Go, a location based augmented reality game, to turn its stores into PokéStops and Gyms, reports said. Further, the coffee giant reportedly would open Italian bakeries that serve pizza, with the first store expected to open in late 2017.
comments powered by Disqus
Follow RTT