M*Modal Awarded NOVAPLUS Contract by Vizient, Inc. for Technology Enabled Transcription Services & Integrated Workflow Technology

FRANKLIN, TN--(Marketwired - December 19, 2016) - M*Modal, the leading provider of clinical documentation and Speech Understanding^™ solutions, announced today that they have been awarded a three year agreement under Vizient's private label NOVAPLUS^®. The agreement term begins 7/1/2016. The agreement will include a combination package of M*Modal Fluency Direct™ with CAPD and Fluency for Transcription™ Services. With M*Modal, Vizient members accessing NOVAPLUS can uniquely blend document creation using front-end speech recognition and Clinical Documentation Improvement (CDI) in a single workflow to improve patient care, compliance, cost savings and turnaround times.

"M*Modal has met Vizient's NOVAPLUS rigorous selection criteria and we are proud to have been selected as an awarded supplier. M*Modal's expertise and leadership in clinical documentation solutions, as well as our ability to scale services quickly based on client need, will enable Vizient members to enhance workflows, free up hospital resources and streamline the process of capturing patient information. We look forward to providing significant cost savings and value to Vizient's extensive member base," said Scott MacKenzie, CEO of M*Modal.

Under the terms of the agreement, M*Modal will be the exclusive NOVAPLUS supplier for the clinical documentation improvement (CDI) solution package enabling efficient and accurate medical transcription, while also creating actionable structured data from transcribed documents.

About NOVAPLUS

For more than three decades, Vizient's private label brand, NOVAPLUS^® has delivered the best value and quality on the most frequently purchased products and services. The NOVAPLUS portfolio is continuously expanding, including seven services and more than 2,000 items in high-demand categories, including anesthesia, business products and services, diagnostic imaging, food, laboratory, medical, orthopedic, pediatric, pharmaceutical, respiratory and surgical.

About M*Modal

M*Modal is a leading healthcare technology provider of advanced clinical documentation solutions, enabling hospitals and physicians to enrich the content of patient electronic health records (EHR) for improved healthcare and comprehensive billing integrity. As one of the largest clinical transcription service providers in the U.S., with a global network of medical editors, M*Modal also provides advanced cloud-based Speech Understanding^™ technology and data analytics that enable physicians and clinicians to include the context of their patient narratives into electronic health records in a single step, further enhancing their productivity and the cost-saving efficiency and quality of patient care at the point of care. For more information, please visit https://mmodal.com, Twitter, Facebook and YouTube.