October 22, 2007 - Nuance Communications Inc. recently announced that it has signed an agreement to acquire Vocada Inc., a leading provider of critical test result management (CTRM) solutions, aiming to help diagnostic departments in hospitals achieve greater patient safety, better patient outcomes and higher staff productivity by bringing efficiency and verification to the communication process surrounding critical test results.
The transaction reportedly allows Nuance to broaden the capabilities of its Dictaphone Healthcare solutions, extend the company's domain expertise within diagnostic specialties (including radiology, lab, pathology and cardiology), accelerate revenue growth through SaaS offerings and help healthcare provider organizations comply with industry mandates associated with the time in which critical test results are identified, documented and communicated.
Vocada's technology is a natural extension to PowerScribe, the Dictaphone Healthcare radiology and pathology solution, and will reportedly help healthcare provider organizations avoid risks associated with delays in communicating critical patient findings.
For more information: www.nuance.com and www.vocada.com