ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has acquired Semfinder, a Switzerland-based
medical coding technology company. Semfinder is a leading developer of
precise semantic coding of medical services.
The acquisition of Semfinder provides important new coding technology
that will enable 3M to accelerate the availability of its 3M 360
Encompass System in countries adopting electronic medical records.
“This acquisition builds upon 3M’s expertise in healthcare records
coding and applied population analytics serving both providers and
payers,” said JaeLynn Williams, vice president and general manager, 3M
Health Information Systems Division. “Semfinder’s semantic technology
will enable us to accelerate the development of next-generation
solutions for healthcare records coding. We look forward to bringing the
advantages of the 3M Encompass System to more payers and providers
3M Health Information Systems, a business of 3M Health Care, is a
recognized industry leader in health care coding software, services, and
analytics. The business helps providers and payers improve patient
outcomes while reducing the total cost of care. 3M provides healthcare
data aggregation, analysis, and strategic services that help clients
move from volume-based to value-based health care, resulting in millions
of dollars in savings, improved provider performance, and higher quality
At 3M, we apply science in collaborative ways to improve lives daily.
With $30 billion in sales, our 90,000 employees connect with customers
all around the world. Learn more about 3M’s creative solutions to the
world’s problems at www.3M.com
or on Twitter @3M or @3MNewsroom.
Semfinder, a leading developer of precise semantic coding of medical
services, is headquartered in Kreuzlingen, Switzerland.