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NUANCE COMMUNICATIONS, INC.

(NUAN)
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SCL Health Enhances Patient-Provider Experiences and Maximizes EHR Value with Nuance Dragon Ambient eXperience

09/20/2021 | 09:00am EDT

Nuance Communications, Inc. announced that SCL Health has deployed the Nuance Dragon Ambient eXperience (DAX) solution as part of an initiative to expand digital patient engagement, empower physicians with automated clinical documentation, and maximize the value of its electronic health record (EHR) system as a platform for innovation. SCL Health uses Nuance DAX in telehealth and in-person exams for cardiology, orthopedics, and primary care. Providers and patients talk about symptoms, diagnoses, and treatments as the system captures, contextualizes, and documents the interaction in the EHR with the patient's consent. SCL Health is a faith-based, nonprofit healthcare organization dedicated to improving the health of the people and communities it serves in Colorado and Montana, especially the poor and vulnerable. Founded by the Sisters of Charity of Leavenworth in 1864, its $2.8 billion health network provides comprehensive, coordinated care through eight hospitals, more than 150 physician clinics, and home health, hospice, mental health, and safety-net services. In 2019, SCL Health invested 9% of revenue or $255 million to support health improvement in its communities. Nuance DAX extends the proven power of Nuance Dragon Medical, named the #1 Best in KLAS conversational AI speech-recognition solution and trusted by over 550,000 physicians globally, to create a fully voice-enabled and ambient exam room environment. The system securely captures the complete patient story with patient consent and automatically creates detailed clinical notes from multi-party conversations during on-site and virtual encounters. As a result, physicians have recognized the following benefits based on a recent survey of Nuance DAX users: 70 percent reduction in feelings of burnout and fatigue, 50% time savings when documenting care, and seven minutes saved per encounter on average. Additionally, 83% of patients say their physicians are more personable and conversational and 81% of patients say their physician is more focused during their visits.


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Financials (USD)
Sales 2021 1 380 M - -
Net income 2021 -14,7 M - -
Net Debt 2021 1 077 M - -
P/E ratio 2021 -1 103x
Yield 2021 -
Capitalization 17 340 M 17 340 M -
EV / Sales 2021 13,3x
EV / Sales 2022 12,5x
Nbr of Employees 7 100
Free-Float 98,3%
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Nuance Communications, Inc. Technical Analysis Chart | NUAN | US67020Y1001 | MarketScreener
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Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 55,13 $
Average target price 57,00 $
Spread / Average Target 3,39%
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Managers and Directors
Mark D. Benjamin Chief Executive Officer & Director
Daniel David Tempesta Chief Financial Officer & EVP-Finance
Lloyd A. Carney Independent Non-Executive Chairman
Mark Sherwood Chief Information Officer & Senior Vice President
Joseph Carl Petro Chief Technology Officer & Executive VP
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