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KLAS Recognizes 3M As Market Leader In Medical Records Coding

Stocks in this article: MMM

For the fifth year in a row, independent healthcare research firm KLAS, 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 2012 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. The software is complete with ICD-10-CM and ICD-10-PCS coding content and tools to help coders prepare for the transition to ICD-10. These tools include document insufficiency flagging, translation, and double and dual coding. The U.S. Department of Health and Human Services has set October 2014 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. “We are grateful to our clients for giving our software high marks for quality, functionality, service and product confidence,” said Jon Lindekugel, president of 3M Health Information Systems. “The KLAS rankings reflect our commitment to delivering innovative software technology that promotes the most accurate, complete and compliant coding possible.”

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. 3M also ranked second in ICD-10 Consulting Services, a new service market segment in this year’s rankings.

For more information about 3M consulting services and coding and reimbursement solutions, visit www.3Mhis.com or call 800-367-2447.

About 3M Health Information SystemsBest 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, performance monitoring, and quality outcomes reporting. 3M’s robust healthcare data dictionary and terminology services support data interoperability and the expansion and accuracy of the electronic health record. 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 choice for more than 5,000 hospitals worldwide that want to improve quality and financial performance. www.3Mhis.com.

About KLASKLAS 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. For more information, go to www.KLASresearch.com, email marketing@KLASresearch.com or call 1-800-920-4109 to speak with a KLAS representative.

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

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