WAYNE, Pa., March 23 /PRNewswire/ -- Precyse Solutions, a leading provider of Health Information Management (HIM) services, and MultiModal Technologies (M*Modal), a leader in on-demand conversational documentation services (CDS), have signed an agreement to offer their combined services to Precyse's transcription services clients. The union of the two companies' unique technologies and services has the potential to directly enhance the work product of a hospital's transcription department and improve numerous back- office administrative and billing functions as well.

Jeff Levitt, Chairman, CEO and founder of Precyse Solutions, explains how the relationship was formed, "From mid 2000, Precyse supported various speech recognition products. We found that these products turned out to be unpredictable and unreliable and so we disabled all speech recognition functions from our offerings in 2001. However, we always knew we had to find a technology that would offer our clients a 2x improvement over what we had experienced and what was generally available in the market. In 2004 we commenced an exhaustive search and found M*Modal. We were very pleased that they passed all of our internal requirements and outperformed every other solution we evaluated. The technology is engineered so solidly and so scientifically that we don't believe that anyone in the market today can match their outcomes."

Precyse clients will be able to take advantage of M*Modal's AnyModal(TM) CDS technology services platform in concert with the powerful PrecyseNet(TM) workflow engine. With this combined offering Precyse clients will be able to leverage scalable transcription and remote coding technology that utilizes M*Modal's speech recognition and understanding technology to efficiently translate dictation recordings into structured and encoded documents. The unmatched accuracy and completeness of these outcomes results from a tight coupling of M*Modal's unique speech understanding services, its editing and rendering tools with the workflow management and routing technology and management reporting capabilities offered by Precyse.

Michael Finke, Chairman, CEO and founder of M*Modal, comments, "Our two companies share the philosophy that the true value to the client is not derived from any single technology, but rather from a complete and quality controlled process for producing accurate and timely medical documentation. The result: Without requiring any change to the physician's workflow or dictation routine we are able to transform the process of medical transcription - making it significantly more efficient while also delivering documents which capture the narrative along with the clinical facts contained therein in structured and encoded form."

Ken Lacy, CIO for Precyse, is thrilled to advance Precyse's offerings. "Consistently, our vision has been to position PrecyseNet to make medical documentation decisions in favor of our clients. In order to realize this vision, we needed to empower PrecyseNet to incrementally be able to discern how to best generate medical documentation in a timely and quality manner. The net effect is a very powerful solution that does not originate from an isolated technology such as Speech Recognition, but rather from a combination of technology-facilitated processes. Through this synergistic effort with M*Modal, PrecyseNet is now positioned as the most powerful and sophisticated medical documentation platform in the industry."

About Precyse Solutions

Precyse Solutions is an industry-leading provider of outsourced Health Information Management/Medical Records (HIM) services and technologies to hospitals and healthcare organizations within the US. Healthcare providers utilize Precyse's services to accelerate cash flows, reduce their operating expenses, streamline workflow processes, improve the capture and coding of clinical information, and maintain regulatory compliance.

Precyse Solutions is privately held and headquartered in Wayne, PA. For more information, please visit http://www.precysesolutions.com/.

About M*Modal

MultiModal Technologies offers on-demand conversational documentation services that help healthcare providers capture discrete clinical information from dictation to generate complete and timely electronic medical records. The company's unique speech recognition and understanding technology platform, AnyModal CDS, is a vital tool that empowers physicians to capture clinical facts and orders from dictation without requiring any change to their normal dictation routine. M*Modal's focus is on providing hospitals and medical transcription service providers with the industry's most comprehensive yet most adaptable solution for creating highly accurate, structured, encoded and shareable medical documents to increase patient safety, promote continuity of patient care, and reduce cost. For more information, please visit http://www.mmodal.com/.

Media Contacts: Anne Marie Heil Precyse Solutions (610) 933-8065 amheil@amheil.com Michael Finke, CEO MultiModal Technologies (412) 578-9700 finke@mmodal.com

CONTACT: Media Contacts: Anne Marie Heil, Precyse Solutions,
+1-610-933-8065, amheil@amheil.com, or Michael Finke, CEO, MultiModal
Technologies, +1-412-578-9700, finke@mmodal.com

Web site: http://www.mmodal.com/

Web site: http://www.precysesolutions.com/