June 18, 2013 5:54 PM ET

Health Care Technology

Company Overview of 3M Health Information Systems, Inc.

Company Overview

3M Health Information Systems, Inc. provides software and consulting services to help organizations in improving documentation, quality, and financial performance in the healthcare continuum worldwide. It offers integrated solutions for transcription, speech recognition, clinical documentation improvement, documentation management, computer-assisted coding, quality, and revenue cycle management; and health information management, dictation and transcription, document management and imaging, case management, revenue cycle management, performance improvement, and health information exchange. The company also provides health information management; medical dictation and transcription software f...

Detailed Description

575 West Murray Boulevard

Salt Lake City, UT 84123

United States

Founded in 1983

Key Executives for 3M Health Information Systems, Inc.

Chairman
Age: 65
Chief Financial Officer and Senior Vice President
Age: 60
Senior Vice President
Senior Vice President
Compensation as of Fiscal Year 2012.

3M Health Information Systems, Inc. Key Developments

3M Health Information Systems Introduces the 3M CAC System

3M Health Information Systems to introduce the 3M CAC System for Small Hospitals, a simple to install and easy-to-use computer-assisted coding (CAC) solution designed exclusively for small rural and community-based hospitals. The new web-based software reduces time-consuming chart review and helps coders identify missing information in physician documentation, making it possible to expedite the coding process without compromising accuracy and compliance. Small hospitals can immediately take advantage of the software to prepare for the new ICD-10 national coding standard. The 3M CAC System for Small Hospitals dramatically reduces the need for interfaces to electronic documentation sources, benefiting small facilities without extensive IT resources. It seamlessly integrates with the 3M Coding and Reimbursement System to capture the patient chart as soon as it is ready for coding, and leverages 3M natural language processing (NLP) to assign accurate codes for human review or to go directly to billing.

Multimodal Technologies, Inc. Announces Strategic Alliance with 3M Health Information Systems, Inc

Multimodal Technologies, Inc. announced an agreement with 3M Health Information Systems enabling the M*Modal clinical documentation platform to work in conjunction with the 3M 360 Encompass System. Healthcare professionals will benefit from this advanced technology collaboration, which brings together cloud-based speech understanding, computer-assisted coding (CAC), clinical documentation improvement (CDI), quality metrics, and analytics into a unified data workflow for mutual clients of 3M and M*Modal. Through this alliance, healthcare organizations can leverage M*Modal's capability in structuring the voice-captured physician narrative into a Clinical Document Architecture (CDA), a markup standard used to define the structure of clinical documents such as discharge summaries and progress notes. Verified, structured, and stored clinical documentation delivered through M*Modal's validation workflow can be processed directly by the 3M 360 Encompass System's natural language processing (NLP) engine with minimal set-up and engine tuning. The alliance will help healthcare organizations reduce interface costs and shorten technology implementation timelines. With streamlined access to M*Modal's physician generated clinical documentation, mutual clients can more quickly realize value from 3M's integrated CDI, CAC, and data analytic tools.

3M Health Information Systems, Inc. Awards Contract by Banner Health

3M Health Information Systems, Inc. has been awarded a contract by Banner Health that will expand the organization's portfolio of 3M products to include the 3M 360 Encompass System. The system's integrated computer-assisted coding and clinical documentation improvement (CDI) technology will assist Banner Health- one of the nation's nonprofit healthcare systems-in addressing the challenges of healthcare reform and ICD-10 adoption in 2014. With auto-suggested codes and real-time prompts for clinical documentation specificity delivered across all CDI and coding processes, the 3M 360 Encompass System promotes optimal capture of patient severity in physician documentation and reduces the time needed to prepare physicians for ICD-10. Coders and CDI specialists access a common view of the patient information, which promotes streamlined processes, increased communication, strengthened collaboration and actionable data to improve patient care.

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