News

MedQuist, a provider of integrated clinical documentation solutions for healthcare, has announced its acquisition of Pittsburgh-based speech recognition technology developer M*Modal for $130 million.M*Modal's cloud-based software helps providers easily convert speech into structured clinical information. This improves physician efficiency, enhances the integration of the physician narrative into electronic health records (EHR), and contributes to the analysis of clinical information for quality and reimbursement requirements.

Time spent in front of a computer is time spent away from a patient. And in a small physician practice, that time is pretty valuable.