Nuance Acquires Transcend | Healthcare Informatics Magazine | Health IT | Information Technology 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.

The Health IT Summits gather 250+ healthcare leaders in cities across the U.S. to present important new insights, collaborate on ideas, and to have a little fun - Find a Summit Near You!


See more on