Most everyone already knows Nuance for Dragon Naturally Speaking and with the new addition of eScription, there's even more possibilities for dictation solutions for health care...eScription is already alive and well with several hospital installations to date...BD
April 8, 2008 (Burlington, MA) — Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it has signed an agreement to acquire eScription, a leading provider of computer aided medical transcription technology. By uniting the strengths and resources of Nuance and eScription, the combined organization can deliver scalable, highly productive solutions, as well as accelerate future innovation to transform the way healthcare provider organizations document patient care.
Attractive Software-as-a-Service Solutions – The eScription acquisition brings to Nuance an award winning on-demand transcription solution that has achieved proven success within major reference accounts and delivers a predictable, recurring revenue stream derived from a software-as-a-service (SaaS) business model. With the addition of eScription, Nuance anticipates that its total on-demand healthcare revenues will be in the range of $175 million to $200 million in fiscal 2009.