Skip to content Skip to navigation

Nuance Acquires Transcend

March 7, 2012
by Gabriel Perna
| Reprints

Healthcare voice and languages provider Nuance (Burlington, Mass.) has announced it will acquired Transcend Services (Atlanta, Ga.), a provider of transcription and clinical documentation services. The move, Nuance says, will accelerate access to and expand its customer base within the small- to mid-size hospital market.

Nuance plans to use Transcend’s transcription and editing service and combine it with its voice-enabled and clinical language understanding technologies and deep electronic health record (EHR) integration. According to Janet Dillione, executive vice president and general manager of Nuance’s Healthcare business, Transcend will help the company “drive change and improvement

The price of the acquisition is approximately $300 million. Nuance has agreed to acquire Transcend through a cash tender offer of $29.50 per Transcend share, representing an approximately 30 percent premium over Transcend’s 90-day volume weighted average share price.

Members of Trascend’s management team will have positions at Nuance including Susan McGrogan, Transcend’s president and chief operating officer, and Lance Cornell, Transcend’s chief financial officer.



CMS Hospital Compare Website Updated with VA Data

The Centers for Medicare & Medicaid Services (CMS) has announced the inclusion of Veterans Administration (VA) hospital performance data as part of the federal agency’s Hospital Compare website.

CMS Awards Funding to Special Innovation Projects

The Centers for Medicare & Medicaid Services (CMS) has awarded 20, two-year Special Innovation Projects (SIPs) aimed at local efforts to deliver better care at lower cost.

Center of Excellence in Genomic Science to be Established in Chicago

The National Human Genome Research Institute has awarded $10.6 million over five years for the establishment of a new research center in Chicago to advance genomic science.

EHNAC and HITRUST Combine HIPAA Security Criteria, CSF Framework

The Electronic Healthcare Network Accreditation Commission (EHNAC) and the Health Information Trust Alliance (HITRUST) announced plans to streamline their accreditation and certification programs.

Halamka on MACRA Final Rule: “CMS is Listening and I Thank Them”

Health IT notable expert John Halamka, M.D., CIO of Beth Israel Deaconess Medical Center in Boston, recently weighed in on the Medicare Access and CHIP Reauthorization Act (MACRA) final rule.

Texas Patient Care Clinic Hit with Ransomware Attack

Grand Prairie, Texas-based Rainbow Children's Clinic was the victim of a ransomware attack on its IT systems in August, affecting more than 33,000 patients, according to multiple news media reports this week.