3M and Expert System Sign Agreement
3M and Expert System Sign Agreement for Development of Advanced Systems for Medical Documentation Control and Coding
May 28, 2014
3M Italy Health Information System, the division of 3M that specializes in the development of advanced information technology tools for the classification of hospital activities and health planning systems, and Expert System (EXSY), a leader in semantic technology for information management, have signed an agreement for the joint development of products to improve the management and control of hospital activities.
The agreement provides a meaningful opportunity to apply an innovative system for analysis and coding to clinical information. The integration with semantic text analysis tools will make it possible to control the integrity of medical records and automate the diagnostic coding in ICD-9 and ICD-10, with the goal of simplifying information process, support better decision-making, and save time and resources.
“For 3M Health Information Systems, this agreement is part 3M’s global strategic plan of the continuous development of new technological solutions and services for health care facilities,” said Rino Feduzi, Health Information Systems Business Manager, 3M Italy. “We chose to work with Expert System because we believe that their leadership in the field of semantic analysis can bring a significant contribution to innovation in the computerization of health.”
“The power of our software is that it understands the meaning of words in context,” said Stefano Spaggiari, CEO, Expert System. “We are able to facilitate faster, more accurate coding, streamlining the audit process. The agreement with 3M Italy enables us to combine our strengths and respond to the problem of information management in healthcare and professional services.”