Parkland Hospital Selects M*Modal for Cloud-Based Computer-Assisted Coding Solutions
10 Juillet 2012 - 8:00PM
Business Wire
M*Modal (NASDAQ/GS: MODL), a leading provider of clinical
documentation, coding services/technology and Speech Understanding
solutions, today announced that Parkland Hospital has selected the
company to provide advanced cloud-based coding technology solutions
through M*Modal Fluency for Coding™, part of a new cohesive line of
clinical solutions. Terms of the agreement were not disclosed.
Parkland and M*Modal have a long-standing relationship based on
years of medical transcription services. According to Robin Stults,
Vice President, Healthcare Information Management, Parkland Health
& Hospital System, “We value our relationship with M*Modal and
its consistent, quality transcription services. With the onset of
ICD-10 and its sheer volume of codes, we turned to M*Modal Fluency
for Coding for our high-quality computer-assisted coding
solution.”
M*Modal Fluency for Coding™ uniquely combines computer-assisted
coding and powerful workflow management tools to manage current
workflow demand while creating preparedness for the transition to
ICD-10. M*Modal’s Fluency for Coding technology reviews the entire
medical record and makes code suggestions for the coder based on
the context within each provider's documentation. This same
documentation assessment can also be used to suggest areas in which
data may be missing in relation to the code that is provided.
Leveraging this contextual understanding of the physician's
narrative, complemented by M*Modal's intelligent workflow, helps to
eliminate coding errors, speed processing time and save dollars on
the back end.
“We are proud to have been selected by Parkland Hospital to
extend our relationship into the coding arena, through M*Modal
Fluency for Coding™,” said Vern Davenport, Chairman and CEO,
M*Modal. “Our combination of M*Modal's unique technology solutions
and the insights and knowledge we bring is not only helping ease
the strain as ICD-10 approaches, but is also boosting productivity
and accuracy with ICD-9 today. M*Modal Fluency for Coding offers a
smarter path to quality documentation that is resulting in fewer
denials and expedited code-to-bill processing.”
For more information on M*Modal, M*Modal Fluency for Coding™ and
the M*Modal Fluency family of solutions, including M*Modal Fluency
Direct™, M*Modal Fluency for Transcription™, M*Modal Fluency for
Imaging™ and M*Modal Fluency for Practices™, please visit
www.mmodal.com or follow on Twitter @MModal.
About Parkland Hospital
Parkland Hospital is a 775-staffed-bed main campus facility.
There are 10 Centers of Excellence with the most skilled health
professionals and state-of-the-art tools and equipment
encompassing: trauma, burns, spinal cord injuries, cancer,
endocrinology, women & infants, epilepsy, gastroenterology,
cardiology and orthopedics. In addition Parkland serves as the
primary teaching hospital for the University of Texas Southwestern
Medical Center. More than 60 percent of the doctors in the Dallas
area have undergone formal training at Parkland. Currently a
totally new replacement hospital is being constructed across the
street from the present facility. The master plan for the new
$1.271 billion health care campus includes an 862-bed adult
inpatient hospital, outpatient center, parking and central utility
plant and logistics building, with total square footage of 2.5
million square feet.
About M*Modal
M*Modal (NASDAQ/GS: MODL) is a leading provider of clinical
transcription services, clinical documentation workflow solutions,
advanced cloud-based Speech UnderstandingTM technology, and
advanced unstructured data analytics. Recognized as the largest
clinical transcription service in the U.S. with a global network of
medical editors, M*Modal also offers voice to text solutions to
capture the complete patient story, codifies the doctor's narrative
to automatically populate EHRs and other key healthcare information
systems, delivers computer-assisted coding to support ICD-9 and the
transition to ICD-10, and provides highly advanced analytical tools
for exploring the richness within the "unstructured" narrative for
improvements in quality of care, greater physician satisfaction and
lower operational costs. For more information, please visit
www.mmodal.com, Twitter, Facebook and YouTube.
Forward-Looking
Statements
Information provided and statements contained in this press
release that are not purely historical, such as statements
regarding our expectations regarding our future business plans are
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, Section 21E of the Securities Exchange Act
of 1934 and the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements only speak as of the date of this
press release and the Company assumes no obligation to update the
information included in this press release. Statements made in this
press release that are forward-looking in nature may involve risks
and uncertainties. Accordingly, readers are cautioned that any such
forward-looking statements are not guarantees of future performance
and are subject to certain risks, uncertainties and assumptions
that are difficult to predict, including, without limitation,
specific factors discussed herein and in other releases and public
filings made by the Company (including filings by the Company with
the Securities and Exchange Commission). Although the Company
believes that the expectations reflected in such forward-looking
statements are reasonable as of the date made, expectations may
prove to have been materially different from the results expressed
or implied by such forward-looking statements. Unless otherwise
required by law, the Company also disclaims any obligation to
update its view of any such risks or uncertainties or to announce
publicly the result of any revisions to the forward-looking
statements made in this press release.
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