Our technologies are designed to improve patient experiences and support for clinicians with automated clinical documentation, greater flexibility in delivering care through telehealth applications, and advanced solutions designed for earlier detection and treatment of disease. Microsoft accelerates industry cloud strategy for healthcare with the acquisition of Nuance Microsoft cloud for healthcare Microsoft and Nuance: Better together B-roll For broadcast quality b-roll, please contact WEBroadcast@we-worldwide.com. Learn more Microsoft is acquiring clinical documentation and artificial intelligence company Nuance Communications for $19.7 billion, two years after first inking an R&D partnership with the speech-to-text . Nuance is a Microsoft company. At Microsoft, our goal within healthcare is to empower people and organizations to address the complex challenges facing the healthcare industry today. Nuance created the voice recognition space more than 20 years ago and has been building deep domain expertise across healthcare, financial services, telecommunications, retail, and government ever since. Bloomberg broke the story over the weekend that the two companies were in talks. "The health care business is huge, and it probably is the main reason that Microsoft is buying Nuance," says Ian Jacobs, an analyst at Forrester. Microsoft's purchase of Nuance was finalized in March of this year, and immediately gave the Windows maker a huge presence in the healthcare industry: According to Nuance, its technology is used in 77 percent of US hospitals. On May 11, Arlington, Va.-headquartered The Health Management Academy (The Academy) announced via a press release its new partnership with Burlington . Its mission is to empower every person and every organization on the planet to achieve more. Give people access to trusted and relevant healthcare solutions, services, and information. Azure Health Bot . A full-service partner trusted by 77 percent of U.S. hospitals and 85 percent of the Fortune 100 companies worldwide, Nuance creates intuitive solutions that amplify people's ability to help others. Microsoft has booked our booth for HIMSS22 in Orlando, March 14 - 17, 2022, where the industry represents the latest advances, industry innovations, and future ambitions. Microsoft is recognized as the Healthcare AI leader in the KLAS 2021 Decision Insights Report "Azure offers us the safety and reliability that healthcare customers demand while maintaining the flexibility that they need to define their own path to the cloud. The deal is designed to bolster Microsoft's cloud, AI and healthcare . Nuance's products include the Dragon Ambient eXperience, Dragon Medical One and PowerScribe One for radiology reporting, all leading clinical speech recognition SaaS offerings built on Microsoft Azure. The transaction is intended to close this year. Microsoft will focus its innovation on helping organizations reimagine healthcare through speaking sessions, lunch and learn programming, partner . The Health Management Academy and Nuance, a Microsoft company, have launched an AI collaborative that will bring senior leaders from leading health systems together to advance AI in healthcare. Microsoft describes this venture as a part of its larger "Microsoft Cloud for Healthcare" infrastructure and strategy. Nuance is a pioneer and a leading provider of conversational AI and cloud-based ambient clinical intelligence for healthcare providers. Nuance is best known for its deep learning voice transcription service, which is very popular in the healthcare sector. In a bold acquisition that could solidify Microsoft's growing influence in the health care industry, the tech company agreed to buy artificial intelligence developer Nuance in a deal worth $16 . Paired with the Microsoft Cloud for Healthcare, introduced in 2020, Microsoft could make a big push into the health care software business.. UK competition watchdog closes the comment book on Microsoft's Nuance merger Microsoft's recent shopping spree reached a new climax this week with the announcement of the $19.7-billion acquisition of Nuance, a company that provides speech recognition and conversational AI services. Its mission is to empower every person and every organization on the planet to achieve more. Nuance's Healthcare Cloud revenue experienced 37% year-over-year growth in Nuance's fiscal year 2020 (ended September 2020). Microsoft is acquiring Nuance Communications for $19.7B Microsoft agreed today to acquire Nuance Communications, a leader in speech to text software, for $19.7 billion. Microsoft recently announced the completion of its acquisition of Nuance Communications, a leader in conversational AI and ambient solutions. Our AI‑powered solutions continuously evolve to foster success in your work, advance the effectiveness of your organization, and further . On the call with us today are Satya Nadella, Chief Executive Officer of Microsoft; Mark . A full-service partner trusted by 77 percent of U.S. hospitals and 85 percent of the Fortune 100 companies worldwide, Nuance creates intuitive solutions that amplify people's ability to help others. Through the acquisition, Microsoft aims to use the cloud-based solution embedded with optimized AI to address a range of healthcare challenges, from enhancing early detection and treatment of disease in healthcare to improving patient, clinician, and employee experiences. Nuance and Microsoft will broaden their existing commitments to the extended partner ecosystem, as well as the highest standards of data privacy, security, and compliance. Nuance Communications is a technology pioneer with market leadership in conversational AI and ambient intelligence. For the past 15 years, Nuance has been the largest independent speech recognition vendor servicing healthcare and enterprise customer service markets. Microsoft is acquiring Nuance Communications in an all-cash transaction valued at $19.7 billion, inclusive of Nuance's net debt. Everything you do improves exponentially with Nuance. Microsoft Immunomics . Nuance Dragon Ambient eXperience for Microsoft Teams. We help unburden clinicians, radiologists and care teams with efficient new ways to capture clinical information, applying real-time intelligence . Microsoft 365 helps improve patient outcomes by simplifying collaboration across care teams, enhancing quality of care through virtual visits, and reducing costs by streamlining fragmented workflows. Enhance patient engagement Microsoft agreed today to acquire Nuance Communications, a leader in speech to text software, for $19.7 billion. In collaboration with our trusted EHR partners and the broader ecosystem in healthcare, Nuance and Microsoft will bring the most advanced capabilities into the workflow of doctors, nurses, and . In a prepared statement about the deal, Microsoft CEO Satya Nadella said: "Nuance provides the AI layer at the healthcare point of delivery and is a pioneer in the real-world application of enterprise AI. The $19.6 billion. Microsoft is buying Nuance for $56 per share - an all-cash transaction totaling $19.7 billion, inclusive of Nuance's net debt. Today, Microsoft and Nuance officially join forces to support the resilience of healthcare. Microsoft has closed on its approximately $16 billion acquisition of speech recognition company Nuance. Microsoft agreed to acquire speech recognition and artificial intelligence company Nuance Communications for $19.7 billion in April. Microsoft's Nuance deal: Healthcare and beyond. Microsoft said on Monday that it would buy Nuance Communications, a provider of artificial-intelligence and speech-recognition software, for about $16 billion, as it pushes to expand its health . "Nuance provides the AI layer at the healthcare point of delivery and is a pioneer in the real-world application of enterprise AI," said Satya Nadella, CEO, Microsoft. "Nuance provides the AI layer at the healthcare point of delivery and is a pioneer in the real-world application of enterprise AI," said Satya Nadella, CEO, Microsoft. "But the price reflects the overall value . April 12, 2021 - Microsoft and Nuance Communications recently entered into a $19.7 billion definitive agreement under which Microsoft will acquire Nuance to boost its healthcare cloud strategy.. Microsoft will acquire Nuance for $56.00 per share, implying a 23 percent premium to the closing price of Nuance, a cloud and artificial intelligence software leader. Try free; Enable personalized care. Nuance and Microsoft will broaden their existing commitments to the extended partner ecosystem, as well as the highest standards of data privacy, security, and compliance. Register for HIMSS today. . Stock Analyst Update Microsoft Bolsters Healthcare Offerings With Nuance We are maintaining our fair value estimate after Microsoft announced the acquisition of Nuance Communications, a leader in . Microsoft Cloud for Healthcare provides capabilities to manage health data at scale and make it easier for healthcare organizations to improve the patient experience, coordinate care, and drive operational efficiency, while helping support security, compliance, and interoperability of health data. Nuance is a cloud and software provider of conversational AI and cloud-based ambient clinical intelligence for healthcare systems. Nuance offers its flagship Dragon® Medical One healthcare application through a software-as-a-service (SaaS) model and hosts it in Microsoft Azure. The Nuance Dragon Ambient eXperience, DAX, securely captures and contextualizes physician-patient conversations automatically creating clinical documentation forvirtual visits all within Microsoft Teams. In early 2022, Microsoft has formed a new Coalition for AI in Healthcare. Source: Daniel Rubino / Windows Central. On May 11, Arlington, Va.-headquartered The Health Management Academy (The Academy) announced via a press release its new partnership with Burlington . Microsoft Makes Big Bet on Health-Care AI Technology With Nuance Dina Bass, Liana Baker and Kiel Porter 4/12/2021 Powerball Results, Numbers for 08/14/21: Did Anyone Win the $258M Jackpot? Virtual visits. Microsoft's rapidly growing healthcare division - now with Nuance as its foundation - is looking for an energetic product manager to help drive integration and growth of the Nuance healthcare . Microsoft Corp. completed its acquisition of Nuance Communications Inc., pushing the software giant deeper into the market for health-care services and artificial intelligence. Microsoft + Nuance are uniquely positioned to address these issues. Microsoft $16 billion deal for Nuance Communications is the latest sign that the next battleground for technology giants will be in healthcare, an industry whose need to embrace data and software . Microsoft has created the Artificial Intelligence . Nuance has focused on how the contact center experience impacts customer satisfaction and has a proven track record of delivering powerful AI-driven customer engagement and agent efficiency solutions that are deployed worldwide, spanning industries including financial services, telecommunications, government, retail, healthcare, and more. Explore Microsoft Cloud for Healthcare + Nuance Deliver better experiences, insights, and care with the help of trusted cloud technology and outcomes-focused AI. The tech giant launched Cloud for Healthcare late in 2020. "The health care business is huge, and it probably is the main reason that Microsoft is buying Nuance," says Ian Jacobs, an analyst at Forrester. Monday, April 12, 2021. Used by 77% of hospitals and 10,000 healthcare organizations worldwide, our AI‑powered solutions capture 300 million patient stories each year. Bloomberg broke the story. Microsoft, Nuance CEOs on $16B deal, cloud strategy, health-care AI solutions and more. The acquisition establishes Microsoft as a major player in healthcare technology by bridging the gap between clinicians and Microsoft Cloud for Healthcare. For more information, press only: Microsoft Media Relations, WE Communications, (425) 638-7777, rapidresponse@we-worldwide.com "We need to work on building frictionless systems that take care of the doctors so they can do what they do best, which is take care of patients." Microsoft CEO Satya Nadella says that Nuance is at the center of this shift, especially with its use of cloud and artificial . With this acquisition, Microsoft gets serious . By bringing the Nuance team into Microsoft, the technology can . Learn how AI solutions from Microsoft + Nuance are helping providers engage with patients more effectively at every stage of the health and wellness journey. Microsoft $16 billion deal for Nuance Communications is the latest sign that the next battleground for technology giants will be in healthcare, an industry whose need to embrace data and software . Nuance Communications is a technology pioneer with market leadership in conversational AI and ambient intelligence. The deal is a testament to Microsoft's growing focus on expanding presence in the multi-trillion healthcare sector with innovative solutions. The $20 Billion acquisition of Nuance, is likely just the beginning. The acquisition will double Microsoft's total addressable market (TAM) in the healthcare provider space, bringing the company's TAM in healthcare to nearly $500 billion. With Azure, Nuance has been able to deliver powerful but lightweight speech recognition at the point of care, double its cloud user base in less than a year, and improve application reliability. Microsoft has today announced that it has entered into an agreement to buy Nuance Communications for around $19.7 billion. By augmenting the Microsoft Cloud for Healthcare with Nuance's solutions, as well . The $19.6 billion . Microsoft's acquisition of Nuance builds upon the successful existing partnership between the companies that was announced in 2019. Healthcare security and compliance. There are also angles to the deal that might not be immediately apparent. Nuance Communications provides businesses and consumers with technologies such as speech recognition, computer-assisted physician documentation, computer-assisted clinical documentation improvement, and other solutions. Now more than ever, the decision on how to deploy your healthcare data in the cloud . The deal, which was announced last year, helps Washington-based Microsoft become better entrenched in hospitals and the health care industry through Nuance's widely-used medical dictation and transcription tools.The acquisition is Microsoft's largest yet after its $26bn purchase of career . Nuance is a Microsoft company. Care team collaboration. Microsoft and Nuance have worked as partners for several years, sharing a vision of outcomes-based AI development. But Microsoft has not bought Nuance because of their healthcare links though. Nuance Communications is a technology pioneer with market leadership in conversational AI and ambient intelligence. Nuance's products include the Dragon Ambient eXperience, Dragon Medical One and PowerScribe One for radiology reporting, all leading clinical speech recognition SaaS offerings built on Microsoft Azure. A new approach to diagnose disease reading a patient's immune system. Microsoft announced Monday that it will buy speech recognition company Nuance Communications for $56 per . Nuance already is a Microsoft Office 365 customer for its more than 8,500 employees worldwide, empowering them with the latest in collaboration and communications tools, including Microsoft Teams. Today, we're excited to share progress on the latest innovations from Microsoft aimed at helping. Microsoft Acquires Nuance Communications: Executive Perspectives. Nuance is a leader in healthcare artificial intelligence. A full-service partner trusted by 77 percent of U.S. hospitals and 85 percent of the Fortune 100 companies worldwide, Nuance creates intuitive solutions that amplify people's ability to help others. Nuance is a cloud and software provider of conversational AI and cloud-based ambient clinical intelligence for healthcare systems. Build and deploy an AI-powered, compliant, conversational healthcare experience at scale. "I think there is a lot of value . Nuance, an AI speech recognition company, partnered with the Health Management Academy to launch an AI collective for health system executives who are using AI and machine-learning in clinical and . April 14, 2021 - Artificial intelligence in healthcare has mostly existed in the realm of the hypothetical. For more information, press only: Microsoft Media Relations, WE Communications for Microsoft, (425) 638-7777, rrt@we-worldwide.com Nuance Media Relations, ReviveHealth for Nuance, (716) 553-3882, nuance@thinkrevivehealth.com With Microsoft, our clients gain access to a unified programming model, identity model . We help do this by co-innovating and collaborating with our customers and partners as a trusted technology provider. The partnership between Microsoft and Nuance combines Nuance's expertise in conversational AI, clinical documentation and decision-support solutions for healthcare with Microsoft's strengths in delivering cloud and AI solutions. - The Health Management Academy (The Academy) has partnered with Nuance, a Microsoft company, to launch The AI Collaborative, which brings together senior leaders from the nation's Leading . As a single organization, Microsoft and Nuance are uniquely positioned to amplify an organization's ability to help others by leveraging trusted AI to address the healthcare industry's most pressing needs. The two companies will also work closely in sync with their electronic health record partners to improve the . Specifically, it describes Nuance as "a pioneer and a leading provider . A press release from Microsoft made clear the $19.7 billion acquisition was to bolster its ambitions in the healthcare market, but it falls short of giving a satisfying explanation for the hefty purchase price. Microsoft announced this week its plans to acquire Nuance Communications, a pioneer in voice recognition and natural language understanding. With the recent news of Microsoft's pending acquisition of Nuance Communications, experts believe AI may be on the verge of breaking into front-end care delivery . "Nuance provides the AI layer at the health care point of delivery and is a pioneer in the real-world application of enterprise AI," Microsoft CEO Satya Nadella said in a statement Monday . With decades of experience bringing cutting-edge cloud and AI technology to the healthcare, retail, financial services and telecommunications industries, Nuance and Microsoft are ideal partners in . Markedly, Nuance already leverages Microsoft Office 365. "Nuance provides the AI layer at the healthcare point of delivery and is a pioneer in the real-world application of enterprise AI," Microsoft CEO Satya Nadella said of the acquisition. Its healthcare solutions help more than 500,000 clinicians in 10,000 global healthcare organizations capture and communicate more than 300 million patient stories each year . Microsoft and Nuance have worked as partners for several years, sharing a vision of outcomes-based AI development. While Microsoft mentions health care numerous times in relation to the acquisition healthcare is not the real reason. By combining Nuance's deep domain expertise with the scale, security, and power of the Microsoft Cloud for Healthcare, we have an opportunity to put outcomes-focused AI solutions into the hands of health organizations everywhere. Microsoft has worked with Nuance since 2019 and collaborated to help doctors capture medical information from patients during care. Microsoft (Nasdaq "MSFT" @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Nuance and Microsoft . When Microsoft announced it was acquiring Nuance Communications this morning for $19.7 billion, you could be excused for doing a Monday morning double take at the hefty price tag. Virtual visits. "But the price reflects the overall value . In . Microsoft and Nuance Investor Call. The Health Management Academy and Nuance, a Microsoft company, have launched an AI collaborative that will bring senior leaders from leading health systems together to advance AI in healthcare. Automatically document care with the Dragon Ambient eXperience Enhance quality of care and the patient experience, increase provider efficiency and satisfaction, and improve financial outcomes with the Dragon Ambient eXperience (Nuance DAX), an ambient clinical intelligence solution that automatically documents patient encounters accurately and efficiently at the point of care. Clinical use cases for AI algorithms permeate the research sector, while rarely infiltrating real-world care settings. Microsoft Corp. completed its acquisition of Nuance Communications Inc., pushing the software giant deeper into the market for health-care services and artificial intelligence. Through the acquisition, Microsoft aims to use the cloud-based solution embedded with optimized AI to address a range of healthcare challenges, from enhancing early detection and treatment of disease in healthcare to improving patient, clinician, and employee experiences. 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