[MedicalMary]

3M leads the market for fourth consecutive year.

Dec. 15, 2011, 12:54 p.m. EST

KLAS Recognizes 3M as Market Leader in Medical Records Coding

SALT LAKE CITY, UT, Dec 15, 2011 (MARKETWIRE via COMTEX) -- For the fourth year in a row, KLAS, an independent healthcare research firm, has ranked 3M Codefinder Software as the top software product in the Medical Records Coding category of its annual healthcare vendor survey. This year's 2011 Top 20 Best in KLAS Awards: Software & Professional Services report also recognizes 3M Health Information Systems as one of the top three highest-performing healthcare software vendors based on 25 separate performance measures, including product quality, implementation, and service and support.(1)

Used by more than 5,000 hospitals worldwide, 3M Codefinder Software manages the complex rules, guidelines and terminology of medical coding. A new version of the software was released in October 2011 with complete ICD-10-CM and ICD-10-PCS coding content, as well as an ICD-10 translation window that allows coders to complete ICD-9 to ICD-10 code translations. Coders also can identify potential ICD-10 documentation insufficiencies while coding in ICD-9. The U.S. Department of Health and Human Services has set October 2013 as the start date for the new ICD-10 national coding standard.

The KLAS rankings are based on evaluations submitted by thousands of healthcare providers throughout the United States and Canada. "Recognition from KLAS is especially rewarding because it's based on real-world experience with our products," said Jon Lindekugel, President of 3M Health Information Systems. "We are grateful to our clients for giving our software high marks for quality, functionality, service, and product confidence."

In addition, 3M APCfinder Software and 3M DRGfinder Software were ranked first among similar vendor software products in the Medical Records Other category of this year's KLAS report. The two products bring inpatient and outpatient prospective payment system regulations for editing, grouping, and reimbursement to the 3M Coding and Reimbursement System family of products, helping coders determine correct DRG and APC codes.

About 3M Health Information Systems Best known for its market-leading coding system and ICD-10 expertise, 3M Health Information Systems delivers innovative software and consulting services designed to raise the bar for clinical documentation improvement, computer-assisted coding, mobile physician applications, case mix and quality outcomes reporting, and document management. Our robust healthcare data dictionary and terminology services also support the expansion and accuracy of the electronic health record (EHR) system. With nearly 30 years of healthcare industry experience and the know-how of more than 100 credentialed 3M coding experts, 3M is the go-to partner for more than 5,000 hospitals worldwide that want to improve quality and financial performance.

About KLAS KLAS is a research firm specializing in monitoring and reporting the performance of healthcare vendors. KLAS' mission is to improve delivery, by independently measuring vendor performance for the benefit of our healthcare provider partners, consultants, investors and vendors. Working together with executives from more than 4,500 hospitals and over 2,500 clinics, KLAS delivers timely reports, trends and statistics, which provide a solid overview of vendor performance in the industry. KLAS measures the performance of software, professional services and medical equipment vendors.

Codefinder, APCfinder, DRGfinder, and 3M are registered trademarks of 3M Company.

(1) 2011 Top 20 Best in KLAS Awards: Software & Professional Services, Copyright 2011 KLAS Enterprises, LLC. All rights reserved.

[EMRexpert]

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This is a press release.