Top Provider Solutions End-to-End Coding, Clinical Documentation Improvement, Speech Technology and Medical Records
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2019 SURVEY RESULTS Top Provider Solutions End-to-End Coding, Clinical Documentation Improvement, Speech Technology and Medical Records Hospitals and Health Systems Leading Hospital End-to-End Coding, CDI, Speech Technology & Published October 2019 ` HIM Solutions` © Black Book Market Research. This report is a licensed product. Page 1
Black Book™ annually evaluates leading healthcare/medical software and service providers across 18 operational excellence key performance indicators completely from the perspective of the client experience. Independent and unbiased from vendors’ influence, Over 629,000 healthcare IT users are invited to contribute to various polls. Suppliers also encourage their clients to participate to produce current and objective customer service data for buyers, analysts, investors, consultants, competitive suppliers and the media. For more information or to order customized research results, please contact the Client Resource Center at +1 800.863.7590 or Research@BlackBookMarketResearch.com © 2019 Black Book Market Research, Inc. All Rights Reserved. FIERCELY INDEPENDENT Black Book™, its founders, management and staff do not own or hold any financial interest in any of the vendors covered and encompassed in the surveys it conducts. Black Book reports the results of the collected satisfaction and client experience rankings in publication and to media prior to vendor notification of rating results and does not solicit vendor participation fees, review fees, inclusion or briefing charges, and/or vendor. Reproduction of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Black Book™ disclaim all warranties as to the accuracy, completeness or adequacy of such information. BBMR shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The reader assumes sole responsibility for the selection of these materials to achieve its intended results. The opinions expressed herein are subject to change without notice. Black Book’s unrivaled objectivity and credibility is perhaps your greatest assurance. At a time when alliances between major consultancies and suppliers have clouded the landscape, Black Book remains resolutely independent. We have no incentive to recommend specific HIM, Coding or Speech Recognition software vendors. Our only allegiance is to help you achieve the results you want with the best possible solution. For more methodology and mission information, visit www.BlackBookMarketResearch.com Leading Hospital End-to-End Coding, CDI, Speech Technology & Published October 2019 ` HIM Solutions` © Black Book Market Research. This report is a licensed product. Page 2
Part One: Aggregate Black Book Survey Findings 2019 End-to-End Coding, Speech Recognition, HIM Solutions SURVEY RESPONDENT IDENTIFICATION NUMBER OF RESPONSES PERCENT OF TOTAL VALIDATED RESPONSES Physician/Clinician Name 1,149 35% Clinic/Practice Name 603 18% Public Clinic 54 2% Health System Clinic 571 17% Academic Hospital and Medical Centers over 250 Beds 130 4% Community Hospitals 492 15% Small Hospitals under 100 Beds 267 8% Inpatient Surgery Centers 35 1% TOTAL 3,300 100% Source: Black Book Market Research HOSPITALS (INPATIENT) = 278 PHYSICIAN PRACTICES & OUTPATIENT = 1,899 FINDING: CHANGES IN IT ORGANIZATION SPEND ANTICIPATED IN NEXT 24 MONTHS HEALTHCARE DELIVERY 2017-2018 PROJECTING ORGANIZATIONS SPEND FOR 2020-2021 COMPREHENSIVE CODING, HIM & SPEECH SOLUTIONS SPEND INCREASING 10+% 86% 98% SPEND DECREASING 10+% 3% 0% Leading Hospital End-to-End Coding, CDI, Speech Technology & Published October 2019 ` HIM Solutions` © Black Book Market Research. This report is a licensed product. Page 3
Black Book Methodology SUMMARY SURVEY OVERVIEW In Q2 through Q3 2019, the Black Book’s financial software and coding solutions client/user surveys investigated 137 Coding, HIM, Speech Recognition, CAC software and outsourcing vendors utilized by validated users nationwide for rankings. 785 respondents in pre-use, implementation, system decision-making or purchased but not yet installed status. 3,300 respondents with current contracts for comprehensive (end-to-end) Coding, HIM, Speech Recognition, CAC, and CDI services and/or technology solutions qualified to be segregated for this analysis of top performing vendors including 278 hospitals and inpatient systems. BLACK BOOK METHODOLOGY HOW THE DATA SETS ARE COLLECTED Black Book collects ballot results on 18 performance areas of operational excellence to rank vendors by coding, financial support, documentation, speech recognition, transcription and CAC product lines. The gathered data are subjected immediately to an internal and external audit to verify completeness and accuracy and to make sure the respondent is valid while ensuring that the anonymity of the client company is maintained. During the audit, each data set is reviewed by a Brown-Wilson executive and at least two other people. In this way, Black Book's clients are able to clearly see how a vendor is truly performing. The 18 criteria on operational excellence are subdivided by the client's industry, market size, geography and function outsourced and reported accordingly. Situational and market studies are conducted on areas of high interest such as EHR, Population Health, Health Information Exchange, Accountable Care organization, hospital software, services providers, educational providers in e-health, benchmarkers and advisors. These specific survey areas range from four to twenty questions or criteria each. UNDERSTANDING THE STATISTICAL CONFIDENCE OF BLACK BOOK DATA Statistical confidence for each performance rating is based upon the number of organizations scoring the solutions and/or services. Black Book identifies data confidence by one of several means: • Top-5-ranked vendors must have a minimum of ten unique clients represented. Broad categories require a minimum of 20 unique client ballots. Data that are asterisked (*) represent a sample size below required limits and are intended to be used for tracking purposes only, not ranking purposes. Performance data for an asterisked vendor's services can vary widely until a larger sample size is achieved. The margin of error can be very large and the reader is responsible for considering the possible current and future variation (margin of error) in the Black Book performance score reported. Leading Hospital End-to-End Coding, CDI, Speech Technology & Published October 2019 ` HIM Solutions` © Black Book Market Research. This report is a licensed product. Page 4
Black Book Methodology • Vendors with over 20 unique client votes are eligible for top rankings and are assured to have highest confidence and lowest variation. Confidence increases as more organizations report on their outsourcing vendor. Data reported in this form are shown with a 95% confidence level (within a margin of 0.25, 0.20 or 0.15, respectively). • Raw numbers include the quantity of completed surveys and the number of unique organizations contributing the data for the survey pool of interest. The Black Book survey web instrument is open to respondents and new participants each year from April 1 to September 30 at www.blackbookmarketresearch.com as well as mobile survey applications via the Apple and Google Play stores. Only one ballot per corporate email address is permitted and changes of ballots during the open polling period require a formal email request process to ensure integrity. The four most highly utilized systems of comprehensive (end-to-end) HIM/Coding/Financial support systems are included as subsets. SURVEY RESPONDENT IDENTIFICATION NUMBER OF RESPONSES PERCENT OF TOTAL VALIDATED RESPONSES Coding or HIM Management/Leader/Supervisor 1,355 41% 6 or Less Years Coding Professional 306 9% 7+ Years Coding Professional 661 20% HIM Staff 142 4% CFO or RCM/Business Office Leader 102 3% CIO or IT Manager/Leader 82 2% Nursing QA or Clinical Professional 154 4% Other 598 18% TOTAL 3,300 100% Source: Black Book Market Research Leading Hospital End-to-End Coding, CDI, Speech Technology & Published October 2019 ` HIM Solutions` © Black Book Market Research. This report is a licensed product. Page 5
Stop Light Scoring Key STOP LIGHT SCORING KEY Figure 1: Comprehensive End-to-end HIM/Coding/Speech/Transcroption vendors are defined as being comprised of four surveyed functions CLINICAL DOCUMENTATION COMPUTER ASSISTED CODING SPEECH RECOGNITION MEDICAL TRANSCRIPTION IMPROVEMENT Source: Black Book Market Research Leading End-to-End Coding, Speech Technology & HIM Solutions Published October 2019 © Black Book Market Research. This report is a licensed product. Page 6
Stop Light Scoring Key Figure 2: Key to raw scores 0.00–5.79 ► ◄ 5.80–7.32 ► ◄ 7.33–8.70 ► ◄ 8.71–10.00 Deal breaking Neutral Satisfactory Overwhelming satisfaction dissatisfactin performance Meets/does not meet Exceeds expectations Does not meet expectations expectations consistently Meets expectations Highly recommended vendor Cannot recommend vendor Would not likely recommend Recommends vendor vendor Source: Black Book Market Research Leading End-to-End Coding, Speech Technology & HIM Solutions Published October 2019 © Black Book Market Research. This report is a licensed product. Page 7
Stop Light Scoring Key Figure 3: Color-coded stop light dashboard scoring key Green (top 10%) scores better than 90% of HIM/Coding vendors. Green coded vendors have received constantly highest client satisfaction scores. 8.71 + Clear (top 33%) scores better than 67% of HIM/Coding vendors. Well-scored vendor which have middle of the pack results. 7.33 to 8.70 Yellow scores better than half of HIM/Coding vendors. Cautionary performance scores, areas of improvement required. 5.80 to 7.32 Red scores worse than 66% of HIM/Coding vendors. Poor performances reported potential cause for service and contractual cancellations. Less than 5.79 Source: Black Book Market Research Leading Hospital End-to-End Coding, Speech Technology & HIM Published October 2019 Solutions © Black Book Market Research. This report is a licensed product. Page 8
Stop Light Scoring Key Figure 4: Raw score compilation and scale of reference Black Book raw score scales 0 = Deal breaking dissatisfaction ◄ ► 10 = Exceeds all expectations Source: Black Book Market Research Individual vendors can be examined by specific indicators on each of the main functions of vendors as well as grouped and summarized subsets. Details of each subset are contained so that each vendor may be analyzed by function and end-to-end coding and HIM services collectively. Leading Hospital End-to-End Coding, Speech Technology & HIM Solutions © Black Book Market Research. This report is a licensed product. Page 9
Stop Light Scoring Key Figure 5: Scoring key Overall rank Q6 criteria Company SPEECH Mean rank CDI CAC TRANSCRIPTION RECOGNITION 5 1 Doctors and Hospitals 8.49 8.63 8.50 8.01 8.66 Coding Solutions Source: Black Book Research • Overall rank – this rank references the final position of all 18 criteria averaged by the mean score collectively. This vendor ranked fifth of the 20 competitors. • Criteria rank – refers to the number of the question or criteria surveyed. This is the sixth question of the 18 criteria of which this vendor ranked first of the 20 vendors analyzed positioned only on this particular criteria or question. Each vendor required ten unique client ballots validated to be included in the top ten ranks. • Company – name of the vendor. • Subsections – each subset comprises one-fourth of the total vendor mean at the end of this row, and includes all buyers and users who indicate that they contract each respective functional subsection with the supplier, specific to their hospital or health system. • Mean – congruent with the criteria rank, the mean is a calculation of all subsets of coding functions surveyed. As a final ranking reference, it includes all market sizes, specialties, delivery sites and geographies. Leading End-to-End Coding, Speech Technology & HIM Solutions Published October 2019 © 2019 Black Book Market Research. This report is a licensed Page 10 product.
Overall KPI Leaders End-to-End Hospital Coding & HIM Solutions OVERALL KEY PERFORMANCE INDICATOR LEADERS SUMMARY OF CRITERIA OUTCOMES: HOSPITALS Table 1: Summary of criteria outcomes, COMPREHENSIVE CODING & HIM SOLUTIONS Total number one criteria ranks Vendor Overall rank 7 NUANCE 1 3 STREAMLINE 2 1 PRECYSE NTHRIVE 5 2 OPTUM360 3 1 WAYSTAR 6 1 3M HEALTH 7 1 M*MODAL 8 2 CHANGE HEALTHCARE 9 1 HIMAGINE 10 Source: Black Book Market Research Leading Hospital End-to-End Coding, Speech Technology & HIM Solutions Page 11
Overall KPI Leaders End-to-End Hospital Coding & HIM Solutions TOP SCORE PER INDIVIDUAL CRITERIA Table 2: Top score per individual criteria Question Criteria Vendor Overall rank 1 Strategic Alignment of Client Goals including ICD10 & VBC NUANCE 1 2 Innovation & Optimization CHANGE HEALTHCARE 9 3 Training NUANCE 1 4 Client relationships and cultural fit 3M HEALTH 7 5 Trust, Accountability, Transparency, Ethics NUANCE 1 6 Breadth of offerings, client types, delivery excellence CHANGE HEALTHCARE 9 7 Deployment and outsourcing implementation STREAMLINE 2 8 Customization PRECYSE NTHRIVE 5 9 Integration and interfaces WAYSTAR 6 10 Scalability, client adaptability, flexible pricing OPTUM360 3 11 Compensation and employee performance STREAMLINE 2 12 Reliability OPTUM360 3 13 Brand image and marketing communications NUANCE 1 14 Marginal value adds and modules NUANCE 1 15 Financial & Managerial Viability M*MODAL 8 16 Data security and backup services STREAMLINE 2 17 Support and customer care NUANCE 1 18 Best of breed technology and process improvement NUANCE 1 Leading End-to-End Coding, CDI, Speech Technology & HIM Solutions Page 12
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions Table 3 : MEAN SCORES TO KPIS- Rank Vendor Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10 Q11 Q12 Q13 Q14 Q15 Q16 Q17 Q18 Mean 1 NUANCE 9.56 9.74 9.59 9.53 9.84 9.70 9.35 9.44 9.53 9.53 9.74 9.47 9.73 9.52 9.75 9.32 9.80 9.35 9.58 2 STREAMLINE 9.33 9.03 9.03 9.50 9.22 9.45 9.44 9.53 9.47 9.56 9.92 9.44 9.59 9.31 9.74 9.54 9.73 9.29 9.45 3 OPTUM360 9.26 9.57 9.24 9.06 9.41 9.51 8.80 9.44 9.28 9.74 9.21 9.70 8.98 9.20 8.96 9.14 9.21 9.05 9.26 4 CIOX CARE COMM 9.49 9.06 9.04 9.52 8.54 8.47 9.13 9.20 9.35 9.39 9.07 8.60 9.36 8.73 9.62 9.31 9.41 9.12 9.13 5 PRECYSE NTHRIVE 9.48 8.10 9.26 9.03 8.47 9.32 9.28 9.59 8.94 8.81 9.86 9.37 9.33 8.36 9.58 8.91 9.25 9.34 9.13 6 WAYSTAR 9.18 9.18 8.95 9.21 9.37 7.98 9.41 9.02 9.54 9.60 8.60 9.32 9.22 9.04 9.33 8.90 9.22 8.88 9.11 7 3M HEALTH 9.30 9.04 8.51 9.60 8.60 8.51 9.08 9.17 8.83 9.13 9.12 8.80 8.57 9.10 8.89 9.26 9.09 8.54 8.95 8 M*MODAL 8.85 9.26 9.58 8.26 8.42 9.30 9.17 8.53 9.00 8.77 8.31 9.24 8.90 8.75 9.95 9.25 8.50 9.10 8.95 9 CHANGE HEALTHCARE 8.91 9.84 9.21 7.41 8.17 9.77 8.89 8.96 9.54 7.98 9.45 9.00 9.18 8.15 9.17 8.68 9.12 8.21 8.87 10 HIMAGINE 8.87 9.35 7.76 8.16 8.01 9.59 9.29 8.27 8.24 7.64 8.77 8.75 8.63 9.22 9.53 9.47 8.19 8.73 8.69 11 DOLBEY 8.99 9.54 8.51 8.72 9.05 7.36 7.83 8.80 7.56 7.75 8.68 8.08 6.91 8.31 9.05 8.58 8.95 8.65 8.41 12 CONIFER 8.77 8.39 8.20 8.22 8.04 9.28 8.80 7.61 6.87 7.82 8.79 8.44 9.47 7.16 9.33 8.62 8.47 8.36 8.37 13 DOCUCODER 8.72 9.25 8.00 7.85 8.92 8.24 8.48 7.50 6.99 9.27 8.96 7.78 9.37 7.39 8.95 8.12 7.74 8.23 8.32 14 IMEDX 8.04 7.44 7.93 8.77 8.73 7.91 7.45 8.72 8.52 7.52 7.91 8.87 8.53 9.29 8.96 8.56 9.15 7.65 8.32 15 CODING SOURCE 8.83 8.00 6.75 8.06 8.88 8.46 7.20 8.28 8.57 9.36 9.11 7.69 8.50 8.97 7.38 8.73 8.45 8.50 8.32 16 IODINE SOFTWARE 8.27 7.79 8.21 8.78 8.35 7.03 7.45 8.70 7.22 9.47 8.89 7.72 9.14 7.23 9.09 8.47 9.10 8.34 8.29 17 CHARTWISE 8.52 8.15 7.81 7.47 7.86 9.20 7.03 7.91 9.15 8.42 7.66 7.73 7.33 7.87 9.88 9.45 7.36 7.70 8.14 18 QUEST CHARTMAXX 8.00 7.91 7.86 8.78 5.30 8.61 8.22 8.17 7.70 8.19 9.10 8.17 5.47 6.84 7.78 8.02 9.20 7.48 7.82 19 QUALCODE 7.46 7.91 8.06 7.03 7.30 8.79 7.83 7.11 8.44 8.04 7.90 6.59 7.67 6.88 8.11 6.94 6.90 8.18 7.62 20 MAXIM 7.68 7.42 6.95 7.70 6.46 7.03 5.73 6.71 5.50 6.93 7.20 5.22 8.27 6.68 7.14 7.85 7.78 7.16 6.97 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 13 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 1. Strategic Alignment (Value Based Care, Population Health, Revenue Cycle Optimization with specific client initiatives) Table 5: Organizational structure meets the needs of stakeholders or customers and stakeholder satisfaction is the most important priority. Vendor seeks and strives to understand and meet clients’ short and long term goals through product and service offerings. CLINICAL Q1 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 1 1 NUANCE 9.82 9.63 9.72 9.62 9.56 4 2 CIOX CARE COMM 9.66 9.71 9.63 9.03 9.49 5 3 PRECYSE NTHRIVE 9.20 9.13 9.77 9.10 9.48 2 4 STREAMLINE 9.03 8.98 9.44 9.21 9.33 7 5 3M HEALTH 9.09 8.62 8.70 8.51 9.30 3 6 OPTUM360 8.77 7.95 9.37 8.69 9.26 6 7 WAYSTAR 9.43 8.91 8.66 7.55 9.18 11 8 DOLBEY 8.69 8.00 7.91 7.11 8.99 9 9 CHANGE 7.25 8.11 7.90 8.30 8.91 10 10 HIMAGINE 8.14 7.43 7.12 8.61 8.87 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 14 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 2. Innovation Table 6: Customers are also continuing to push the envelope for further enhancements to which the vendor is responsive. Vendor is responsive to make client recommendations with cutting edge improvements. CLINICAL Q2 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 9 1 CHANGE HEALTH 9.92 9.76 9.92 9.74 9.84 1 2 NUANCE 9.81 9.92 9.78 9.44 9.74 3 3 OPTUM360 9.39 9.65 9.76 9.47 9.57 11 4 DOLBEY 9.37 9.13 9.84 9.81 9.54 10 5 HIMAGINE 8.94 9.57 9.67 9.22 9.35 8 6 M*MODAL 8.80 9.24 9.46 9.52 9.26 13 7 DOCUCODER 9.14 9.46 9.35 9.04 9.25 6 8 WAYSTAR 9.30 9.44 9.17 8.81 9.18 4 9 CIOX CARE COMM 9.36 8.96 9.04 8.87 9.06 7 10 3M HEALTH 8.96 8.92 8.91 9.36 9.04 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 15 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 3. Training Table 7: Electronic medical and health record vendor leadership provides significant and meaningful training opportunities for internal employees and client staff. Leadership strives to develop technology staff, EMR/EHR client service and customer servicing consultant employees in particular. CLINICAL Q3 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 1 1 NUANCE 9.69 9.80 9.53 9.34 9.59 8 2 M*MODAL 9.55 9.52 9.59 9.64 9.58 5 3 PRECYSE NTHRIVE 9.35 9.15 9.22 9.33 9.26 3 4 OPTUM360 9.20 9.42 9.37 8.95 9.24 9 5 CHANGE 9.40 9.20 8.81 9.44 9.21 4 6 CIOX CARE COMM 8.85 9.52 9.34 8.43 9.04 2 7 STREAMLINE 8.78 8.90 9.43 9.01 9.03 6 8 WAYSTAR 9.69 8.35 9.08 8.68 8.95 11 9 DOLBEY 7.82 7.95 9.03 9.24 8.51 7 10 3M HEALTH 8.34 8.40 8.70 8.58 8.51 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 16 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 4. Client relationships and cultural fit Table 8: Coding vendor leadership honors customer relationships highly. The relationship with the vendor elevates the customer reputation. Improving inpatient and hospital delivery efficiency and effectiveness is a priority of the supplier. Governance of engagement is neither complex for buyer nor does it require vendor management attention regularly. There is no regular transparency or quality issue. There are no culture clashes or misfits that threaten relationship’s success or client’s satisfaction. CLINICAL Q4 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 7 1 3M HEALTH 9.62 9.71 9.59 9.48 9.60 1 2 NUANCE 9.22 9.64 9.58 9.68 9.53 4 3 CIOX CARE COMM 9.80 9.34 9.68 9.24 9.52 2 4 STREAMLINE 9.39 9.65 9.50 9.44 9.50 6 5 WAYSTAR 9.23 9.39 9.34 8.87 9.21 3 6 OPTUM360 8.77 9.34 9.47 8.65 9.06 5 7 PRECYSE NTHRIVE 8.55 9.02 9.14 9.41 9.03 16 8 IODINE SOFTWARE 9.09 9.50 8.70 7.83 8.78 18 9 QUEST CHARTMAXX 9.04 9.25 8.85 7.99 8.78 14 10 IMEDX 8.12 8.85 8.89 9.20 8.77 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 17 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 5. Trust, Accountability and Transparency Table 9: Trust in enterprise reputation is important to coding solutions clients as well as prospects. Client possesses an understanding that its organization has the people, processes, and resources to effectively deliver the desired business and clinical results, based on its industry reputation and past performance. CLINICAL Q5 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 1 1 NUANCE 9.94 9.74 9.72 9.94 9.84 3 2 OPTUM360 9.40 9.68 9.02 9.53 9.41 6 3 WAYSTAR 9.72 9.29 9.26 9.22 9.37 2 4 STREAMLINE 9.16 9.30 9.24 9.18 9.22 11 5 DOLBEY 9.31 8.76 9.21 8.93 9.05 13 6 DOCUCODER 9.17 9.27 8.79 8.43 8.92 15 7 CODING SOURCE 8.91 8.49 9.22 8.90 8.88 14 8 IMEDX 8.86 8.23 8.84 8.99 8.73 7 9 3M HEALTH 8.37 8.69 8.25 9.08 8.60 4 10 CIOX CARE COMM 8.79 9.27 8.04 8.06 8.54 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 18 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 6. Breadth of offerings, varied client settings, delivery excellence across all user types Table 10: Coding & HIM vendor offers industry recognized horizontal functionality and vertical industry applications, and manage bundled coding & transcription services such as speech recognition and developing new initiatives. CLINICAL Q6 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 9 1 CHANGE HC 9.77 9.83 9.74 9.74 9.77 1 2 NUANCE 9.62 9.49 9.85 9.85 9.70 10 3 HIMAGINE 9.68 9.60 9.35 9.73 9.59 3 4 OPTUM360 9.55 9.58 9.17 9.73 9.51 2 5 STREAMLINE 9.70 9.65 9.45 8.99 9.45 5 6 PRECYSE NTHRIVE 9.78 9.41 9.19 8.91 9.32 8 7 M*MODAL 9.51 9.18 8.93 9.58 9.30 12 8 CONIFER 8.88 9.51 9.39 9.35 9.28 17 9 CHARTWISE 9.29 8.72 9.45 9.34 9.20 19 10 QUALCODE 8.74 8.47 9.22 8.74 8.79 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 19 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 7. Deployment and implementation Table 11: Comprehensive coding client deploys at a pace acceptable to the client. Coding solutions eliminate excessive supervision over vendor implementations. Vendor overcomes client implementation obstacles and challenges effectively. Technical, organizational and cultural implementation obstacles are handled professionally and punctually. Implementation time meets standard expectations. Implementations are efficient and sensitive to users’ specific situations which may cause delays. CLINICAL Q7 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 2 1 STREAMLINE 9.43 9.71 9.60 9.03 9.44 6 2 WAYSTAR 9.48 9.64 9.49 9.01 9.41 1 3 NUANCE 9.12 8.86 9.71 9.71 9.35 10 4 HIMAGINE 9.36 9.16 9.43 9.21 9.29 5 5 PRECYSE NTHRIVE 9.33 9.25 9.15 9.37 9.28 8 6 M*MODAL 8.76 9.09 9.30 9.54 9.17 4 7 CIOX CARE COMM 9.49 9.43 8.72 8.89 9.13 7 8 3M HEALTH 9.09 8.95 9.19 9.09 9.08 9 9 CHANGE 9.25 8.76 8.79 8.74 8.89 3 10 OPTUM360 8.79 8.82 8.96 8.63 8.80 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 20 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 8. Customization Table 12: Coding and HIM products and process services are customized to meet the unique needs of specific practice client purpose, processes and care models. Little resistance is encountered when changing performance measurements as clients’ needs vary. CLINICAL Q8 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 5 1 PRECYSE NTHRIVE 9.66 9.64 9.57 9.48 9.59 2 2 STREAMLINE 9.62 9.61 9.56 9.33 9.53 1 3 NUANCE 9.02 9.06 9.84 9.84 9.44 3 4 OPTUM360 9.39 9.66 9.35 9.36 9.44 4 5 CIOX CARE COMM 9.32 9.46 9.09 8.94 9.20 7 6 3M HEALTH 8.63 9.73 9.47 8.84 9.17 6 7 WAYSTAR 8.20 9.15 9.38 9.36 9.02 9 8 CHANGE 9.12 8.99 9.42 8.29 8.96 11 9 DOLBEY 9.04 9.66 8.12 8.38 8.80 14 10 IMEDX 8.92 9.39 8.77 7.80 8.72 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 21 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 9. Integration and interfaces Table 13: Coding solutions vendor supports interfaces so information can be shared between necessary applications. Solutions are easily integrated to existing backend systems as needed and feasible. Seamless interfaces to legacy applications are performed as required for optimal functioning. Human integration and interface activities are administered precisely. Systems communicate effectively among provider groups and ancillaries. True interoperability with other healthcare organizations is factored into implementation. CLINICAL Q9 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 6 1 WAYSTAR 9.66 9.70 9.35 9.45 9.55 9 2 CHANGE 9.77 9.60 9.29 9.50 9.54 1 3 NUANCE 9.60 9.05 9.75 9.72 9.53 2 4 STREAMLINE 9.53 9.60 9.35 9.39 9.47 4 5 CIOX CARE COMM 9.61 9.26 9.59 8.95 9.35 3 6 OPTUM360 9.45 9.32 9.27 9.08 9.28 17 7 CHARTWISE 9.17 9.50 9.10 8.82 9.15 8 8 M*MODAL 9.31 9.37 8.77 8.54 9.00 5 9 PRECYSE NTHRIVE 8.97 8.98 8.72 9.10 8.94 7 10 3M HEALTH 8.59 9.21 9.51 8.01 8.83 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 22 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 10. Scalability, client adaptability, flexible pricing Table 14: Coding services and solutions vendor provides flexible pricing allowing the client to choose and pay for the precise functionality and services needed. Vendor Invests in significant infrastructure and has the ability to provide services to enterprise organizations. IT products and services meet the changing and varied needs of the customer. CLINICAL Q10 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 3 1 OPTUM360 9.86 9.87 9.71 9.50 9.74 6 2 WAYSTAR 9.81 9.93 9.48 9.17 9.60 2 3 STREAMLINE 9.66 9.73 9.63 9.21 9.56 1 4 NUANCE 8.94 9.40 9.85 9.93 9.53 16 5 IODINE 9.75 9.93 8.96 9.22 9.47 4 6 CIOX CARE COMM 9.51 9.15 9.53 9.36 9.39 15 7 CODING SOURCE 9.58 9.77 9.50 8.57 9.36 13 8 DOCUCODER 9.30 9.71 9.23 8.82 9.27 7 9 3M HEALTH 9.30 9.58 8.76 8.86 9.13 5 10 PRECYSE NTHRIVE 8.93 9.10 9.03 8.17 8.81 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 23 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 11. Vendor staff expertise, compensation and employee performance Table 15: Coding & HIM vendor team of employees is considered top in industry for professionalism and skill. Vendor attracts and retains high performing staff. Vendor is focused on building and developing a strong employee team of producers. Employees act like owners/leaders. Company is moving towards leveraged pay at all levels. Vendor is using effective tools to tie performance metrics to compensation policy and compensating top leaders. Human resources-related criteria are scored from the client perspective on this indicator. CLINICAL Q11 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 2 1 STREAMLINE 9.98 9.95 9.88 9.86 9.92 5 2 PRECYSE NTHRIVE 9.98 9.92 9.84 9.69 9.86 1 3 NUANCE 9.42 9.68 9.99 9.88 9.74 9 4 CHANGE 9.42 9.76 9.52 9.09 9.45 3 5 OPTUM360 9.72 9.34 8.88 8.89 9.21 7 6 3M HEALTH 9.56 9.27 9.02 8.61 9.12 15 7 CODING SOURCE 9.63 9.48 9.14 8.20 9.11 18 8 QUEST CHARTMAXX 9.06 9.53 9.00 8.81 9.10 4 9 CIOX CARE COMM 9.01 9.07 8.92 9.27 9.07 13 10 DOCUCODER 9.44 8.32 9.39 8.68 8.96 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 24 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 12. Reliability Table 16: HIM & coding solutions supplier meets agreed terms as evidenced by routine, acceptable service level reporting and industry expectations. Depth and breadth of applications/solutions are acceptable in meeting client needs. Service levels are consistently met as agreed. Services and support response is QUEST CHARTMAXXized by vendor team. CLINICAL Q12 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 3 1 OPTUM360 9.74 9.76 9.66 9.65 9.70 1 2 NUANCE 9.21 9.23 9.70 9.72 9.47 2 3 STREAMLINE 9.63 9.68 9.09 9.35 9.44 5 4 PRECYSE NTHRIVE 9.49 9.46 9.17 9.34 9.37 6 5 WAYSTAR 9.60 9.76 8.80 9.12 9.32 8 6 M*MODAL 9.53 9.70 9.04 8.70 9.24 9 7 CHANGE 9.01 8.76 8.79 9.43 9.00 14 8 IMEDX 9.10 8.83 8.76 8.78 8.87 7 9 3M HEALTH 9.34 9.46 8.30 8.08 8.80 10 10 HIMAGINE 8.69 9.19 8.81 8.29 8.75 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 25 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 13. Brand image and marketing communications Table 17: Coding & HIM vendor’s marketing and sales statements/pitches are accurately and appropriately represented by actual product and service deliverables. Image is consistent with top rankings. Sales presentations and proposals are delivered upon and corporate integrity/honesty in marketing and business development are highly valued. CLINICAL Q13 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 1 1 NUANCE 9.44 9.71 9.89 9.87 9.73 2 2 STREAMLINE 9.82 9.86 9.56 9.10 9.59 12 3 CONIFER 9.61 9.66 9.47 9.13 9.47 13 4 DOCUCODER 9.80 9.55 9.18 8.96 9.37 4 5 CIOX CARE COMM 9.23 9.68 9.44 9.10 9.36 5 6 PRECYSE NTHRIVE 9.77 9.74 9.04 8.78 9.33 6 7 WAYSTAR 9.39 9.57 9.06 8.87 9.22 9 8 CHANGE 9.34 9.37 9.22 8.80 9.18 16 9 IODINE SOFTWARE 9.31 9.33 9.01 8.91 9.14 3 10 OPTUM360 8.53 8.69 9.27 9.42 8.98 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 26 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 14. Marginal value adds Table 18: Beyond stimulus achievement, coding vendors' cost savings are realized as generally estimated and not over-positioned or over/underestimated in ways that effect major client satisfaction or costs. Vendor offers value-adds as a practice management partner in cost savings and avoidance initiatives and creative programs through bundled coding & HIM product design. Provides true business transformation opportunities to hospitals and inpatient settings utilizing end-to-end coding, speech, CDI, CAC& HIM solutions. CLINICAL Q14 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 1 1 NUANCE 9.37 9.06 9.85 9.80 9.52 2 2 STREAMLINE 9.43 9.48 9.22 9.10 9.31 14 3 IMEDX 9.79 9.60 8.56 9.21 9.29 10 4 HIMAGINE 9.58 9.75 8.78 8.77 9.22 3 5 OPTUM360 9.49 9.58 8.59 9.14 9.20 7 6 3M HEALTH 9.29 9.47 8.85 8.77 9.10 6 7 WAYSTAR 9.53 8.93 8.27 9.43 9.04 15 8 CODING SOURCE 9.42 9.45 9.00 8.02 8.97 8 9 M*MODAL 9.46 8.92 8.46 8.14 8.75 4 10 CIOX CARE COMM 8.78 9.51 8.75 7.89 8.73 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 27 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 15. Viability and managerial stability Table 19: Vendor’s viability, employee turnover, financial stability and/or cultural mismatches do not threaten relationship. Senior management and the board exemplify strong leadership principals to steward appropriate resources that impact comprehensive coding solutions buyers., client adoption, exceptional outcomes and service levels. CLINICAL Q15 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 8 1 NUANCE 9.99 9.99 9.94 9.89 9.95 17 2 OPTUM360 9.93 9.94 9.80 9.84 9.88 1 3 STREAMLINE 9.64 9.43 9.99 9.94 9.75 2 4 PRECYSE NTHRIVE 9.86 9.80 9.61 9.68 9.74 4 5 M*MODAL 9.77 9.76 9.72 9.22 9.62 5 6 DOLBEY 9.66 9.78 9.43 9.44 9.58 10 7 CONIFER 9.69 9.63 9.41 9.38 9.53 6 8 WAYSTAR 9.54 9.82 9.01 8.96 9.33 12 9 HIMAGINE 9.82 9.79 9.31 8.41 9.33 9 10 CHARTWISE 9.27 8.73 9.53 9.13 9.17 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 28 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 16. Data Security, Privacy and Backup Table 20: In order to provide secure and constantly dependable HIM service offerings for physician and hospital entities, a coding vendor has to provide the highest level of security and data back-up services. Vendor’s service in these two areas is superior to the security and back-up system of past internal systems of the health system. CLINICAL Q16 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 2 1 STREAMLINE 9.66 9.68 9.32 9.49 9.54 10 2 HIMAGINE 9.58 9.51 9.53 9.27 9.47 17 3 CHARTWISE 9.44 9.53 9.49 9.33 9.45 1 4 NUANCE 9.00 8.96 9.63 9.68 9.32 4 5 CIOX CARE COMM 9.63 9.50 8.96 9.16 9.31 7 6 3M HEALTH 9.48 9.66 9.01 8.87 9.26 8 7 M*MODAL 8.96 9.48 9.16 9.40 9.25 3 8 OPTUM360 9.44 9.34 9.08 8.68 9.14 5 9 PRECYSE NTHRIVE 9.53 9.02 8.68 8.40 8.91 6 10 WAYSTAR 8.61 9.57 8.80 8.60 8.90 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 29 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 17. Support and customer care Table 21: Account management provides an adequate amount of onsite administration and support to clients. There exists a formal account management program that meets client needs. Media and clients reference this vendor as a services leader and top vendor correctly. Customer services and relationship satisfaction is manifested through significant flagship clients as well as smaller and newest customers similarly. Vendor provides appropriate number of accessible support and customer care personnel. CLINICAL Q17 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 1 1 NUANCE 9.65 9.80 9.89 9.85 9.80 2 2 STREAMLINE 9.77 9.82 9.57 9.75 9.73 4 3 CIOX CARE COMM 9.58 9.39 9.62 9.04 9.41 5 4 PRECYSE NTHRIVE 9.41 9.70 8.95 8.95 9.25 6 5 WAYSTAR 9.67 9.46 8.93 8.83 9.22 3 6 OPTUM360 9.74 9.33 9.13 8.65 9.21 18 7 QUEST CHARTMAXX 9.59 9.06 9.47 8.69 9.20 14 8 IMEDX 9.50 9.59 8.89 8.62 9.15 9 9 CHANGE 9.35 9.62 9.41 8.08 9.12 16 10 IODINE SOFTWARE 9.22 9.71 8.91 8.56 9.10 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 30 product.
Individual Key Performance: HOSPITALS & HEALTH SYSTEMS End-to-End Coding, Speech Recognition & HIM Software, Services & Solutions 18. Best of breed technology and process improvement Table 22: Coding/HIM solutions, services and related technology services are considered best of breed. Vendor technology elevates customers via capabilities, equipment, processes, deliverables professional staff, leadership, quality assurance and innovative initiatives. Services are delivered at or above current/former in-house service levels. CLINICAL Q18 Criteria COMPUTER ASSISTED SPEECH MEDICAL Overall Rank VENDOR DOCUMENTATION Mean rank CODING RECOGNITION TRANSCRIPTION IMPROVEMENT 1 1 NUANCE 9.27 9.20 9.44 9.49 9.35 5 2 PRECYSE NTHRIVE 9.49 9.52 8.95 9.41 9.34 2 3 STREAMLINE 9.29 9.54 9.09 9.25 9.29 4 4 CIOX CARE COMM 9.41 8.96 9.43 8.67 9.12 8 5 M*MODAL 8.94 8.99 9.18 9.29 9.10 3 6 OPTUM360 9.26 9.25 8.72 8.98 9.05 6 7 WAYSTAR 9.07 8.80 8.38 9.28 8.88 10 8 HIMAGINE 8.97 9.18 8.70 8.08 8.73 11 9 DOLBEY 8.48 8.80 8.60 8.72 8.65 7 10 3M HEALTH 8.03 8.98 8.62 8.51 8.54 ` © 2019 Black Book Market Research. This report is a licensed Leading End-to-End Coding, Speech Technology & HIM Solutions Page 31 product.
Appendix APPENDIX Black Book Market Research LLC, We hope that the data and analysis in this report will help you make informed and imaginative healthcare administrative business decisions. If you have further requirements, the Black Book consulting team may be able to help you. For more information about Black Book’s consulting capabilities, please contact us directly at info@blackbookmarketresearch.com DISCLAIMER All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means (electronic, mechanical, photocopying, recording or otherwise), without the prior permission of the publisher, Black Book Research. The facts of this report are believed to be correct at the time of publication but cannot be guaranteed. Please note that the findings, conclusions and recommendations that Black Book delivers will be based on information gathered in good faith from both primary and secondary sources, whose accuracy we are not always in a position to guarantee. As such, Black Book can accept no liability whatever for actions taken based on any Information that may subsequently prove to be incorrect. Published October 2019 © Black Book Market Research. This report is a licensed product. Page 32
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