logo
Plus   Neg
Share
Email

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 RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Walmart is ditching its dress code policy and is testing a new dress code that will allows "associates" to wear blue denim and shirts of any solid color. The updated dress coded guidelines now allow employees to wear blue "jeggings" and blue jeans and shirts of any solid color, according to a Walmart... Canadian investment firm Fairfax Financial Holdings Ltd. has submitted a "stalking horse" bid worth C$300 million, or $237 million, for the Canadian unit of Toys "R" Us, according to court documents. A stalking horse bid is an initial bid on the assets of a bankrupt company. The bankrupt company will choose an entity from a pool of bidders who will make the first bid on its assets. The car rental market in the U.S. is consolidating as large car rental companies are buying smaller, local companies to expand their portfolio of premium and value brands. The key players in the U.S. market include Enterprise Holdings, Hertz Global Holding and Avis Budget Group. Let's take a look at some of the best and worst car rental companies in the U.S.
Follow RTT