Nuance Communications, a major vendor of medical dictation, transcription, speech recognition and natural language processing technologies and services, has acquired the Quantim health information management business line of hospital vendor QuadraMed Corp.
QuadraMed is owned by equity firm Francisco Partners and terms of the acquisition of the Quantim unit were not disclosed. Quantim sells a suite of software modules covering coding, computer-assisted coding, medical necessity compliance, data abstraction, clinical documentation integrity, record management, and electronic documentation management. Nuance also is buying QuadraMed’s Core Measures and Performance Measurement product suite that manages clinical quality and reporting.
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