Nuance to Acquire Quantim, QuadraMed's HIM Business

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