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Nuance Communications announced the planned sale of its Health Information Management (HIM) Transcription and Electronic Health Record (EHR) Go-Live Services businesses to DeliverHealth Solutions LLC, formed by Assured Healthcare Partners and Aeries Technology Group. The transaction, expected to close in early 2021, allows Nuance to focus on its core conversational AI capabilities while DeliverHealth expands its services. Nuance will remain a minority stakeholder in DeliverHealth, continuing to provide technology support.
Nuance Communications has received the 2020 Global Company of the Year Award from Frost & Sullivan for its leadership in conversational AI solutions that enhance patient safety in healthcare. The company provides innovative products, including the Dragon Medical One solution, utilized by over 550,000 physicians. Nuance's partnerships with Microsoft and Cerner aim to alleviate clinician burnout and enhance telehealth workflows. The award recognizes Nuance's growth strategies and innovation in providing significant customer value and market penetration.
Nuance Communications (NASDAQ: NUAN) has announced a strategic partnership with Providence, a leading health system in the U.S., to enhance patient and caregiver experiences. This collaboration will expand Nuance's cloud solutions across Providence's extensive network, focusing on improving clinician-patient interactions through innovative voice-enabled technology. The partnership aims to reduce administrative burdens on healthcare providers, allowing them to concentrate on patient care. Nuance's Dragon Ambient eXperience (DAX) will automate documentation, promoting efficiency and provider satisfaction.
Nuance Communications (NASDAQ: NUAN) has been ranked as the #1 Solutions Provider by Black Book Research in multiple categories, including medical speech recognition and AI technologies. This ranking is based on feedback from over 3,250 survey responses across various healthcare sectors. Notably, 96% of physician groups require better clinical documentation improvement (CDI) solutions, which Nuance addresses with its cloud-based offerings. Nuance's Dragon Medical One and Dragon Ambient eXperience are highlighted for enhancing patient care and operational efficiency.
Nuance Communications (NASDAQ: NUAN) announced its participation in two virtual investor conferences. The first is the Guggenheim Digital Virtual Health Summit on December 8-9, 2020, featuring a fireside chat on the 8th and one-on-one meetings on the 9th. The second is the Barclays Global Technology, Media and Telecommunications Conference on December 10, 2020, which will also include fireside chats and meetings. Nuance is recognized for its leadership in conversational AI and services for healthcare and Fortune 100 companies.
Nuance Communications (NASDAQ: NUAN) will announce its fourth quarter fiscal 2020 results on November 18, 2020, after market close. The company will provide a press release and prepared remarks for additional detail. The conference call is set for 5:00 p.m. ET, available via webcast or by phone. Nuance is a leader in conversational AI, serving 90% of U.S. hospitals and 85% of Fortune 100 companies.
Nuance Communications, Inc. (NASDAQ: NUAN) announced that Kettering Health Network has chosen its Dragon Medical Advisor for enhancing patient care in emergency departments. This AI-powered solution aims to improve patient safety and reduce clinician administrative workloads.
Kettering Health will implement the solution across 12 emergency centers, leveraging real-time guidance from The Sullivan Group. The integration is expected to enhance clinical decision-making and reduce malpractice claims by up to 70%. Nuance solutions achieve clinical and financial outcomes across 10,000 healthcare organizations.
On October 15, 2020, Nuance Communications (NASDAQ: NUAN) announced that the U.S. Department of Veterans Affairs (VA) is utilizing Nuance's Dragon Medical One platform and PowerMic Mobile app. This collaboration enhances documentation of patient care during expanded VA telehealth services amid the COVID-19 pandemic. With over 550,000 physicians using its technology, Nuance's solutions support efficient patient documentation and are integrated into various healthcare systems. Their mission focuses on aiding frontline clinicians and improving patient care, highlighting a commitment to the health of veterans.
Nuance Communications (NASDAQ: NUAN) has collaborated with H&M to enhance customer engagement by integrating a virtual assistant and live chat directly into Google Maps and Google Search. This innovative deployment is designed to streamline customer inquiries regarding product availability, order tracking, and store hours. By leveraging the Nuance Intelligent Engagement Platform, H&M aims to reduce contact center calls and improve online shopping experiences. The integration, initially available in the U.S., utilizes Nuance's AI technologies to facilitate seamless interactions across various digital channels.
Nuance Communications (NASDAQ: NUAN) has partnered with Rakuten Mobile to integrate its Intelligent Engagement AI Services into the Rakuten Communications Platform (RCP). This collaboration marks RCP as the first cloud-native, virtualized mobile platform to incorporate Nuance’s AI services. These include conversational AI and engagement APIs for enhanced customer experiences. The partnership aims to transform customer engagement, especially as businesses move towards digital transformation and 5G deployment. This development is expected to foster innovation within Rakuten Group and open new opportunities for enterprises globally.
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