M*Modal Wins Award for Most Innovative Healthcare IT Technology
Transformational Solution Accelerates Adoption of Electronic Health
Records
PITTSBURGH (Business Wire EON) May 13, 2008 --
The pioneer of the most advanced speech understanding solution in
healthcare information technology was heralded for its transformational
IT by a leading industry organization.
Pittsburgh-based M*Modal’ received the ABBY
Award from the Adaptive Business Leaders Organization (ABL) which
recognized AnyModalTM CDS
(Conversational Documentation Services) as the year’s
best “Innovations in Healthcare Information
Technology.” AnyModal CDS provides
a unique way to capture physician dictation and transform it
automatically into meaningful clinical documentation. The company’s
solution helps accelerate the adoption of the electronic health record
(EHR) by cost effectively bridging the gap between free-form dictation
and structured data entry.
“The Healthcare CEO judges in the audience
confirmed that M*Modal was the most transformational new healthcare IT
they’d seen this year –
following a search that spanned the country,”
noted ABL’s President, Mimi Grant, following
the Awards ceremony. “The company’s
technology understands the context of “words”
recorded in dictation, captures their medical “meaning”
and transfers it automatically into accessible, electronic
medical records. This is nothing short of amazing.”
Grant added: “And what’s
particularly impressive is that Michael Finke, the founder and CEO of
M*Modal, has a technology background, proving once again that the
biggest breakthroughs to healthcare’s
toughest problems frequently come from innovators outside the
industry.” The awards ceremony was held in
Costa Mesa, CA on April 23.
Acquisition of data directly from clinicians remains one of the largest
obstacles to EHR adoption and information sharing. Low EHR utilization
by physicians is caused in part by the difficulty of capturing data in
structured form without changing their normal routine. The AnyModal
CDS solution delivers higher quality, structured clinical documents
directly from physician dictation within the existing workflow. This
technology is a fast, easy way to document clinical notes, making
physicians more efficient and reducing associated costs substantially at
every step of documentation process.
M*Modal’s speech understanding technology has
been fully embraced since its introduction. AnyModal CDS is now
incorporated into the information delivery systems’
of numerous partners including leading players within the dictation,
transcription, PACS/RIS and EHR industry such as GE Healthcare,
Transcend, Spheris, PreCyse, CBay, SPI, Heartland Information Services
and Transolutions, among others. One example of how this solution is
being used can be seen through GE Healthcare’s
integration of speech understanding to make structured and encoded data
an integral part of the radiology workflow. "With M*Modal's advanced
speech understanding capability embedded in GE Healthcare's Radiology
Information System, Centricity RIS-IC, we have a winning combination for
both companies - but most of all, for physicians and their patients,"
said Don Woodlock, Vice President and General Manager, GE Healthcare IT.
Mr. Finke, CEO of M*Modal added, “Our
philosophy has always been to provide solutions that are adaptive to any
system, inclusive of our partners and synergistic with the goals of the
EHR. We like to think that it was not just our company that won an
honor, but that the entire healthcare system will gain from our
technology’s recognition,”
he concluded.
To drive the value of structured data based on narrative, M*Modal became
a founding member of the Clinical Document Architecture for Clinical
Document Types (CDA 4 CDT) initiative, which supports standardization
for medical information exchange, and will establish standard ways of
identifying and organizing discrete clinical data. This enables
physicians and other clinicians to quickly and easily locate and
retrieve clinical information inside electronic patient records.
Explains Mr. Finke: “Our company’s
goals and those of the CDA4CDT effort are perfectly aligned. The realty
is that if a medical report is pure-text, it’s
meaningless in terms of usability within the EHR. Without
standardization, information cannot be shared. Together, healthcare
providers become more efficient and patient care is improved –
paying off the ultimate EHR vision.”
Documents generated with AnyModal CDS are in a semantically
interoperable HL7 CDA format to allow for streamlined report sharing
among practitioners, facilities, and systems. Its ease of deployment
enables small institutions, as well as large hospitals, to gain the
benefits of increased productivity and control through more accurate,
more timely, and more-complete documents.
About M*Modal
M*Modal, based in Pittsburgh, PA, offers on-demand conversational
documentation services that help healthcare providers capture discrete
clinical information from dictation to generate accurate, complete and
timely electronic medical records. The company's unique speech
recognition and understanding technology platform, AnyModal CDS,
is a vital tool that empowers physicians to capture clinical facts and
orders from dictation without requiring any change in their normal
dictation routine. 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. M*Modal has a transaction volume of more than 100 million
dictation minutes a year with the average monthly volume on the rise.
For more information on M*Modal, visit its Web site at: www.mmodal.com
About the Adaptive Business Leaders (ABL) Organization:
Celebrating its 25th anniversary year, the Adaptive Business Leaders
(ABL) Organization's mission is to help health and technology leaders
grow great companies. ABL does this through its monthly,
industry-specific Round Tables and frequent Events. In their
confidential Round Tables, ABL Members - who are CEOs, Presidents,
COOs and Division General Managers - openly seek from and share with
each other candid advice, best practices and innovative approaches for
capitalizing on market trends and opportunities, in order to assure they
are well positioned for business and personal success.
For 10 years, ABL’s ABBY Awards have
recognized organizations which have demonstrated transformative advances
in medical devices, diagnostics, therapeutics, information technology
and innovative approaches to providing health and
coverage, decreasing the numbers of uninsured, and engaging consumers
more actively in their healthcare and well-being, all of which reduces
the cost of providing healthcare.
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