KLAS Ranks 3M as Market Leader in Medical Records Coding
Dec 20, 2012 (Close-Up Media via COMTEX) --
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.
According to a release, 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 said, 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.
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