Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Nuance Communications To Buy QuadraMed's Health Information Management Business

RELATED NEWS
Trade NUAN now with 

Nuance Communications Inc. (NUAN: Quote) said it would acquire Quantim, the Health Information Management or HIM business of QuadraMed Corp. (QDHC: Quote), 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.

Click here to receive FREE breaking news email alerts for Nuance Communications, Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Amazon.com, Inc. said Thursday that its second quarter loss widened from last year, as operating expenses outpaced revenue growth amid heavy spending on new technology and contents. The company's quarterly loss per share was also wider than what analysts expected, but is quarterly sales came in line with analysts' forecast. The company also forecast an operating loss for the current quarter. After failing to sustain an initial upward move, stocks showed a lack of direction throughout much of the trading day on Thursday. The major averages eventually closed nearly unchanged, turning in a mixed performance for the second straight day. New home sales in the U.S. showed a notable decrease in the month of June, according to a report released by the Commerce Department on Thursday, with the steep drop offsetting the jump seen in the previous month.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.