M*Modal Named "Cool Vendor" By Leading Analyst Firm
M*Modal, pioneer of advanced Speech Understanding technology and provider of on-demand conversational documentation services, recently announced it has been included in the list of "Cool Vendors" in the "Cool Vendors in Healthcare Providers" report published by Gartner, Inc. The list highlights M*Modal as one of five vendors whose products are recognized for offering innovative and potentially transformative solutions for healthcare provider organizations.
"Our company is honored to be named by Gartner on the "Cool Vendors in Healthcare Providers" list," said Mark Ivie, COO of M*Modal. "M*Modal's unique speech understanding technology has and will make significant contributions to the voice recognition and natural-language processing arenas. Our sophisticated systems turn discrete data taken directly from a physician's narrative into structured clinical documents which are then encoded and parceled out for multiple uses depending on the organization's needs."
M*Modal's technology offers innovative solutions that has transitioned from speech recognition to a process of speech understanding whereby conversational speech is transformed into searchable and usable clinical information. Such solutions adapt to the preferences and needs of the healthcare provider, helping to ensure compliance with meaningful use requirements by facilitating EHR use and resulting in improved and continual care coordination. Furthermore, the interoperability of data created within an EMR decreases time spent by the healthcare provider and increases the efficient of healthcare decision making at every level.
Providing quality service to users and mobility in accessing the information, M*Modal's state-of-the-art solutions allow physicians unmatched ease of use and the ability to dictate anywhere, at any time by logging remotely into the web-based program via their desktop, smartphone, iPad and other comparable applications.
M*Modal's speech recognition technology is used in 800 hospital and health care systems nationally via partnerships with GE Healthcare and Greenway Medical Technologies, among others.
About Gartner's Cool Vendors Selection Process
Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.
Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.
About M*Modal
M*Modal Technologies, founded in 2001 and independently owned, now processes more than 1 billion lines of text annually, and is used in 800 hospital and health care systems nationwide via partnerships with industry leaders such as GE Healthcare and Greenway Medical Technologies.
M*Modal is based in Pittsburgh, PA, and offers on-demand conversational documentation services that help healthcare providers capture discrete clinical information from dictation to generate complete and timely electronic medical records. M*Modal's focus is on providing hospitals, healthcare IT vendors, and medical transcription service providers with the industry's most comprehensive yet most adaptable solution for creating highly accurate, structured, encoded, and shareable medical documents to increase patient safety, promote continuity of patient care, and reduce cost. For more information, visit www.mmodal.com
SOURCE: M*Modal Technologies