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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Nuance Communications, Inc.    NUAN

NUANCE COMMUNICATIONS, INC.

(NUAN)
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Nuance Communications : Speed chart completion with cloud-based speech recognition

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08/20/2020 | 10:56am EDT

The healthcare industry is experiencing a paradigm shift from the effect of the COVID-19 pandemic.

But even as some things change, some things stay the same. Whether treating coronavirus patients, conducting telehealth visits or resurrecting services that were put on hold due to safety concerns - physicians still need to document the patient condition and the care provided. And when each patient visit brings an average of 16 minutes of interaction with the EHR, clinicians can spend more time documenting than they do with patients.

Saving time is just the beginning

Allscripts partner, Nuance Communications, offers Dragon Medical One, an AI-powered, cloud-based speech recognition solution that can speed the creation of documentation. With no voice profile training, Dragon Medical One achieves 99% accuracy from the start and helps users document three times faster than typing. But with Dragon Medical One, the time savings only begin there.

Clinicians speak

A HITRUST CSF-certified solution, Dragon Medical One features voice-enabled template, command and virtual assistant capabilities that compound physician efficiency. When paired with PowerMic Mobile, physicians have even more freedom to complete patient notes anytime, anywhere.

'With Dragon Medical One, I can dictate directly within the Allscripts Professional EHR fields and use voice commands to move the cursor, select text and edit content. I can dictate at normal speed and the speech engine is not only very accurate but also keeps up with me. I can dictate on multiple platforms and access the same voice profile whether I'm at home or at work,' says Dr. Steven Tai, Heritage Medical Internal Medicine Physician. 'Portability and performance mean outstanding convenience and efficiency.'

Streamlining documentation

Beyond delivering fast, accurate speech recognition, Dragon Medical One includes powerful productivity tools that enable physicians to streamline documentation by using voice to place content or perform actions. Auto-text templates insert frequently used phrases or documentation templates with default values that can be selected or modified with dictation. Voice commands automate keypresses and mouse clicks for hands-free microphone operation and navigation of EHR screens and fields.

With Dragon Medical One, clinicians can capture the complete patient story at the point of care, eliminate thousands of clicks a day, reduce documentation time by 45%, and improve the quality of their clinical documentation. Dragon Medical One is available for Allscripts TouchWorks, Sunrise, Paragon and Allscripts Professional EHR.

Interested in learning more? Join us August 26 at 1 pm ET for the Dragon Medical One app of the month webinar, where Dr. Tai will share his first-hand experience using Dragon Medical One within Allscripts Professional EHR. Register here.

(C) 2020 Electronic News Publishing, source ENP Newswire


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Financials (USD)
Sales 2020 1 472 M - -
Net income 2020 51,0 M - -
Net Debt 2020 1 163 M - -
P/E ratio 2020 189x
Yield 2020 -
Capitalization 9 420 M 9 420 M -
EV / Sales 2020 7,19x
EV / Sales 2021 6,92x
Nbr of Employees 8 100
Free-Float 97,9%
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 8
Average target price 34,86 $
Last Close Price 33,37 $
Spread / Highest target 19,9%
Spread / Average Target 4,46%
Spread / Lowest Target -22,1%
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Managers
NameTitle
Mark D. Benjamin Chief Executive Officer & Director
Lloyd A. Carney Independent Non-Executive Chairman
Daniel David Tempesta Chief Financial Officer & EVP-Finance
Mark Sherwood Chief Information Officer & Senior Vice President
Joseph Carl Petro Chief Technology Officer & Executive VP
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