Nuance to Acquire Quantim, QuadraMed's HIM Business


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Nuance Communications (NASDAQ: NUAN) announced today that it has signeda definitive agreement to acquire Quantim^®, the Health Information Management(HIM) business of QuadraMed, a provider of leading information technologysolutions for the healthcare industry. Working closely with industry partners,including electronic healthcare record (EHR) providers, Nuance and Quantimwill ease healthcare providers' transition to ICD-10, while preservingclinician productivity and document workflows and, most importantly, ensuringthe quality of patient care.Quantim provides hospitals and healthcare organizations with software andservices that maximize HIM professionals' productivity while ensuringappropriate financial reimbursement to the institution. With thegovernment-mandated transition from ICD-9 to ICD-10 codes, healthcareproviders face unprecedented complexity in their clinical documentation andcoding strategies. ICD codes, which serve as the foundation for financialreimbursement, are set to increase from 17,000 diagnostic and procedural codestoday to more than 155,000 codes over the next two years. Every healthcareprovider in the U.S. is affected by this change, and Nuance, together withQuantim, will assist customers through this critical transition and throughfuture clinical documentation and coding challenges.

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