Medical transcription services and software vendor Nuance Communications has acquired rival Webmedx, a 2010 Best in KLAS award winner for customer satisfaction, bringing more than 100 new hospital clients and complementary technologies into its business. Terms of the acquisition were not disclosed.
Much of what both companies do is complementary. Nuance offers outsourced transcription services on-shore and off-shore and will continue to offer Webmedx's on-shore transcription services. Both companies offer dictation services with speech recognition capability. And both offer natural language processing technology to extract text or voice information and convert it into discrete data.
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