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We’ve lived through decades of innovation in imaging technology, from developing radiology information systems/picture archive and communication systems (RIS/PACS) architectures that digitize and store millions of images, to building out workflows and Web services that expand access and drive efficiencies. Industry consolidation and other factors in the last few years have made an indelible impact on radiology by commoditizing these services and forcing radiologists into a volume-based mindset. The push/pull in the years ahead will not make this any easier — aging baby boomers will increase the imaging-prone population, while the growing influence of accountable care organizations (ACOs) and integrated health networks will look to eliminate unnecessary imaging.
November 16, 2012 - Compressus announced the integration of M*Modal's Speech Understanding technology with the MEDxConnect suite of healthcare interoperability and workflow solutions from Compressus. Specifically, the integration brings a next-generation speech platform to MEDxConnect users, providing flexible reporting capabilities and superior clinical documentation functions that increase productivity and produce cost savings for customers.
July 24, 2012 — M*Modal, a provider of clinical documentation and speech understanding solutions, announced United Hospital System has selected the M*Modal Fluency family of cloud-based solutions to deliver advanced clinical documentation to its health system and physicians.
June 13, 2012 — M*Modal Inc. announced the M*Modal Catalyst family of cloud-based applications, enabling healthcare decision-makers to extract actionable information from “unstructured” medical documentation, regardless of how that data was created, and combine it with structured data contained in electronic clinical systems.
Speech recognition has achieved strong adoption in radiology over the past several years, as many hospitals and groups have sought to preserve the convenience and high value of narrative dictation while simultaneously streamlining their production process. The benefits have been clear and centered on improvements in reporting efficiency, namely, substantial report turnaround time reduction, cost savings and integration with picture archiving and communications systems (PACS) workflow.
August 25, 2011 — MedQuist Holdings Inc., provider of integrated clinical documentation solutions for the United States healthcare system, announced it has closed on the acquisition of M*Modal. The closing price included $48.4 million in cash and the issuance of 4.1 million shares of MedQuist Holdings common stock paid at closing. The company received notification of early termination of the mandatory, pre-merger waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 on Aug. 15.
July 18, 2011 – MedQuist Holdings Inc., a provider of integrated clinical documentation solutions for the United States healthcare system, announced the signing of a definitive agreement to acquire M*Modal and its advanced Speech Understanding technology for total consideration of $130 million. The transaction is subject to customary closing conditions, including review under the Hart-Scott-Rodino Act, and is expected to close prior to the end of the third quarter of 2011.
May 26, 2011 - M*Modal announced that it will be showcasing how its technology platform supports the radiology industry at the Society for Imaging Informatics in Medicine (SIIM) 2011 Annual Meeting taking place from June 2-5 in Washington, D.C. The company will demonstrate robust integrations of its technology with two key partners: Intelerad Medical Systems, a medical imaging PACS and distributed radiology solutions company, and Poiesis Informatics, a developer of integrated healthcare IT workflow solutions. M*Modal will also be making an announcement at the show about its recent selection by Beth Israel Deaconess Medical Center to adopt Speech Understanding as the platform to integrate with its radiology information system.
May 27, 2010 - On-demand conversational documentation services are helping health care providers capture discrete clinical information from dictation to generate complete and timely electronic medical records. These tools provide comprehensive yet adaptable solutions for creating highly accurate, structured, encoded and shareable medical documents.
November 24, 2008 -- M*Modal recently announced the launch of AnyModal CDS Mobile on the Apple iPhone with real-time Speech Understanding services.
The solution is designed to allow physicians to improve patient care from anywhere at anytime.