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August 01, 2015 7:03 PM ET

Health Care Technology

Company Overview of 3M Health Information Systems, Inc.

Company Overview

3M Health Information Systems, Inc. provides software and consulting services to help organizations in improving documentation, quality, and financial performance in the healthcare continuum worldwide. It offers integrated solutions for transcription, speech recognition, clinical documentation improvement, documentation management, computer-assisted coding, quality, and revenue cycle management; and health information management, dictation and transcription, document management and imaging, case management, revenue cycle management, performance improvement, and health information exchange. The company also provides health information management; medical dictation and transcription software f...

575 West Murray Boulevard

Salt Lake City, UT 84123

United States

Founded in 1983

Key Executives for 3M Health Information Systems, Inc.

President
Age: 51
Senior Vice President
Senior Vice President
Compensation as of Fiscal Year 2015.

3M Health Information Systems, Inc. Key Developments

State of Minnesota Selects 3M Data Analytics to Drive Health Care Improvement

The State of Minnesota will use data analytics from 3M to help improve the quality and value of the care provided to Minnesota citizens served by public health care. The Minnesota Department of Human Services has selected 3M Health Information Systems as its analytics contractor to support Minnesota's Integrated Health Partnership (IHP) demonstration, a groundbreaking initiative that tests new approaches to health care delivery and payment. 3M Health Information Systems will provide data management, analysis, and data access and reporting resources to help Minnesota IHP organizations analyze cost of care, utilization of services, and risk data so they can identify opportunities for cost and care transformation. The 16 healthcare organizations participating in IHP serve over 204,000 Minnesotans enrolled in Medical Assistance.

3M Health Information Systems, Inc. Releases New Version of 3M ICD-10 Code Translation Tool

3M Health Information Systems, Inc. has released a new version of the 3M ICD-10 Code Translation Tool, which has been expanded to include Current Procedural Terminology and other HCPCS codes. Using sophisticated translation technology, the software automatically reviews lists of ICD-9 or CPT and other HCPCS codes and finds the associated ICD-10 codes. ICD-10 transition teams can use the software to normalize reports, help educate staff, update processes, and reduce the time and resources devoted to code conversion. The 3M ICD-10 Code Translation Tool is a cloud-based application that leverages more than 30 years of 3M coding experience to analyze clinical information, identify complex coding relationships, and create mappings and lists to meet the specific needs of healthcare organizations. It can be used to convert ICD-9 and CPT coding-based forms, reports, reimbursement contracts, policies, and systems to ICD-10. The tool can also be used to identify the financial impact of ICD-10 on future reimbursement. The enhanced 3M ICD-10 Code Translation Tool is part of 3M’s complete suite of ICD-10 services and software, which also includes ICD-10 consulting services for clinical documentation improvement, the 3M Coding and Reimbursement System, and the 3M ICD-10 Education Program, a comprehensive web-based curriculum that prepares hospital staff and physicians for ICD-10 documentation and coding.

3M Health Information Systems Wins Analytics Contract for Rhode Island's All-Payer Claims Database

The latest innovation comes from the State of Rhode Island, which has launched the Rhode Island All-Payer Claims Database (RI-APCD), a new initiative that will provide data about hospital quality and cost to help consumers make informed healthcare decisions and become active participants in managing their own care. 3M Health Information Systems has been selected as the analytics firm for the RI-APCD and will provide quality assurance, data management, analytics, access and reporting of RI-APCD data. The RI-APCD is a large-scale database that systematically collects and aggregates enrollment, medical claims, pharmacy claims, and provider data from commercial insurers and public payers such as Medicare and Medicaid. It will be used to ensure transparency of information about access, quality, utilization, efficiency, and cost of Rhode Island's healthcare delivery system. 3M Health Information Systems provides technology and analytics for Utah's APCD, the Texas Association of Health Plans multi-payer initiative, and the Center for Improving Value in Health Care which operates the Colorado APCD, as well as multiple payer initiatives involving Blue Cross Blue Shield plans.

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