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Precyse Solutions and M*Modal Announce Breakthrough CAC Solution
Date:9/22/2010

nto the Precyse dictation and transcription workflow platform, transforming speech into meaningful and usable clinical information. M*Modal's industry leading Conversational Documentation Services (CDS) enables Precyse to deliver both extremely accurate and complete draft documents from speech, as well as coded and indexed discrete data in a machine-readable format, with immediate turnaround time.

"Stemming from our initial collaboration, M*Modal and Precyse have worked closely to develop the most powerful CAC solution available to the market today, maximizing EMR and HIS investments for healthcare organizations," said Michael Finke, CEO and Founder of M*Modal. "Our unique solutions are designed to best assist in making clinical documentation intuitive and meaningful to the physician, the healthcare provider organization and the patient simultaneously."

Demonstrating the Impact of PrecyseCodeIn 2007, the Baptist Health System (BHS), a four-hospital system in the greater Birmingham, Ala., area, was having difficulty recruiting and retaining certified coding professionals and experiencing coding efficiency challenges. BHS had hired four separate teams of coders to handle each hospital's needs. The workload volumes for each hospital fluctuated considerably, leading to backlogs and overtime during busy periods and underutilized staff during slower times. To overcome this, Precyse Solutions worked with BHS as a beta site for PrecyseCode.  

PrecyseCode revolutionized the coding workflow at BHS, allowing BHS to "virtualize" the coding department, creating an integrated, seamless and productive team. Working with Precyse's team and implementing PrecyseCode has helped BHS increase productivity, accuracy and quality, while significantly reducing costs and providing valuable management reporting tools. Since recently implementing this new process and technology, BHS has experienced a 20 percent increase in coding efficiency; a 5 percent increase
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