3M Acquires clinical NLP software firm CodeRyte

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ST. PAUL, Minn. – April 10, 2012 – 3M announced today that it has acquired CodeRyte, Inc., an industry leader in clinical natural language processing (NLP) technology and computer-assisted coding solutions for healthcare outpatient providers. Terms of the transaction were not disclosed.

CodeRyte helps physicians and coders deliver fast, accurate and complete coding information immediately through its advanced NLP technology. Its products include CodeAssist, CodeComplete and DataScout. Since 2009, 3M has worked with CodeRyte to bring its computer-assisted coding technology to more than 60 3M clients.”

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