3M Acquires CodeRyte | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

3M Acquires CodeRyte

April 10, 2012
by Gabriel Perna
| Reprints

St. Paul, Minn.-based 3M has acquired the Bethesda, Md.-based CodeRyte Inc., a clinical natural language processing (NLP) technology and computer-assisted coding software provider. Terms of the transaction were not disclosed.

Through its advanced NLP technology, CodeRyte aims to help physicians and coders deliver complete coding information immediately. Its products include CodeAssist, CodeComplete and DataScout. The two companies have had a relationship since 2009, as CodeRyte brought its computer-assisted coding technology to more than 60 3M clients. 3M will embed this technology with its 360 Encompass System, which aims to help providers solve coding challenges of health care reform, new quality reporting requirements, and ICD-10

“This acquisition allows us to apply CodeRyte’s leading edge NLP technology to our new 3M 360 Encompass System,” Jon T. Lindekugel, vice president and general manager of 3M Health Information Systems, said in a statement. “We believe CodeRyte’s powerful NLP engine combined with 3M’s deep expertise in coding, reimbursement and patient classification will foster further innovation in the application of NLP.”

Get the latest information on Health IT and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More



MGMA: Physician Compensation Data Illustrates Nationwide PCP Shortage

Primary care physicians’ compensation rose by more than 10 percent over the past five years, representing an increase which is nearly double that of specialty physicians’ compensation over the same period, according to the Medical Group Management Association (MGMA).

Circulation, Buoy Health Collaborate on Integrated Platform for Patient Transportation

Boston-based startup Circulation Health, a ride-ordering exchange that coordinates medical transportation logistics using Lyft and other transportation partners, is partnering with Buoy Health, also based in Boston, to integrate their platforms to provide patients with an end-to-end healthcare experience.

HITRUST Provides NIST Cybersecurity Framework Certification

The Health Information Trust Alliance (HITRUST), security and privacy standards development and accreditation organization, announced this week a certification program for the National Institute of Standards and Technology's (NIST) Cybersecurity Framework (Framework).

Report: Interoperability in NHS England Faces Similar Barriers as U.S. Healthcare

Electronic patient record interoperability in NHS England is benefiting patient care, but interoperability efforts are facing barriers, including limited data sharing and cumbersome processes falling outside of the clinician workflow, according to a KLAS Research report.

Geisinger National Precision Health Hires Illumina Exec to Lead Business Development

Integrated health system Geisinger has hired a high-profile genetic counselor to head up business development for Geisinger National Precision Health, which was created to extend the Geisinger model on the national scene.

$30M VC Fund Launched to Spur Innovation in Cardiovascular Care

The American Heart Association, together with Philips and UPMC, has announced the launch of Cardeation Capital, a $30 million collaborative venture capital fund designed to spur healthcare innovation in heart disease and stroke care.