CodeRyte’s products include CodeAssist, CodeComplete and DataScout.
“This acquisition allows us to apply CodeRyte’s leading edge NLP technology to our new 3M 360 Encompass System,” said Jon T. Lindekugel, vice president and general manager, 3M Health Information Systems, in the release. “We believe CodeRyte’s powerful NLP engine combined with 3M’s deep expertise in coding, reimbursement and patient classification will foster further innovation in the application of NLP.”
Terms of the transaction were not disclosed.
Related Articles on Company Acquisitions:
Covidien to Acquire Oridion Systems for $300M
Biomet Bids $280M to Acquire DePuy Trauma Business
RadNet Acquires West Coast Radiology
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
