Nuance Communications Inc, Burlington, Mass, said today that it has acquired Commissure Inc, New York, a medical imaging software company that provides speech-enabled radiology workflow optimization and data analysis solutions. Financial terms of the deal were not released.
Nuance said the transaction allows the speech and imaging solutions supplier to broaden the capabilities of its Dictaphone solutions for the medical imaging industry, to extend the company’s domain expertise in the radiology market and accelerate revenue growth through software as a service offerings.
Commissure provides solutions to improve the day-to-day tasks associated with the interpretation and delivery of diagnostic imaging exams for radiology departments of all sizes. Commissure brings to Nuance a suite of robust software solutions that focus on the way diagnostic exams are ordered, interpreted, documented, shared and analyzed.
"Radiology is the largest specialty market that the Dictaphone Healthcare Solutions division serves, already saving the industry more than $200 million per year in transcription costs. Still, the opportunity to deliver high-value solutions with broader, more customizable features is significant,” said Paul Ricci, chairman and CEO, of Nuance Communications, Inc. "Commissure is another accelerant to our strategy to deliver comprehensive speech-driven clinical documentation solutions that meet the needs of healthcare provider organizations. Commissure’s intellectual property, solutions expertise and established customer relationships will expand our ability to serve the growing radiology market.”