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3M COMPANY

(MMM)
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Real-time Estimate Cboe BZX  -  08:37 2022-12-08 am EST
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3M Health Care Business Group solutions will be available in Epic's new Garden Plot software suite for independent medical groups

09/30/2022 | 11:38am EST

ST. PAUL, Minn. - 3M Health Care Business Group's Health Information Systems (HIS) division announced its 3M M*Modal Fluency Direct solution and medical necessity solutions will be available in Epic's new Garden Plot. The new software is available to independent medical groups with 40 or more providers through a hosted and supported Software as a Service (SaaS) mode. About half of patient care physicians in the U.S. work in private practices, according to the American Medical Association's 2020 Physician Practice Benchmark Survey.

'We are thrilled to be part of Epic's new Garden Plot offering,' said Garri Garrison, 3M HIS president. 'We have been working with Epic since 1982 and we look forward to expanding together to directly serve the ambulatory market. This work creates a pathway to deliver 3M content and technology to end users via the electronic health record.'

Epic announced Garden Plot in March as an option for independent providers who don't have access to Epic's software through health systems that can extend their Epic instances to nearby providers via Community Connect.

'Making 3M's solutions available in Garden Plot allows providers to care for their patients in dynamic ways, using their voice to compose a note or to interact with Epic,' said JP Heres, vice president of Garden Plot. 'For many providers, this is the first time they've had access to this technology and that is exciting.'

About 3M

3M (NYSE: MMM) believes science helps create a brighter world for everyone. By unlocking the power of people, ideas and science to reimagine what's possible, our global team uniquely addresses the opportunities and challenges of our customers, communities, and planet. Learn how we're working to improve lives and make what's next at 3M.com/news or on Twitter at @3M or @3MNews.

Contact:

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T: 651-733-8805

(C) 2022 Electronic News Publishing, source ENP Newswire

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Analyst Recommendations on 3M COMPANY
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Financials (USD)
Sales 2022 34 250 M - -
Net income 2022 6 410 M - -
Net Debt 2022 11 643 M - -
P/E ratio 2022 11,2x
Yield 2022 4,71%
Capitalization 69 839 M 69 839 M -
EV / Sales 2022 2,38x
EV / Sales 2023 2,34x
Nbr of Employees 95 000
Free-Float 57,5%
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Mean consensus HOLD
Number of Analysts 20
Last Close Price 126,35 $
Average target price 134,78 $
Spread / Average Target 6,67%
EPS Revisions
Managers and Directors
Michael F. Roman Chairman & Chief Executive Officer
Monish Patolawala EVP, Chief Financial & Transformation Officer
John Patrick Banovetz Director-Industrial Adhesives & Tapes Division
Mark W. Murphy Executive VP, Chief Information & Digital Officer
Michael A. Duran Senior VP, Chief Ethics & Compliance Officer
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