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NUAN

Nuance

$16.41

0.24 (1.48%)

13:28
11/25/18
11/25
13:28
11/25/18
13:28

Nuance introduces new PowerScribe One radiology reporting platform

At the Radiological Society of North America's 104th Scientific Assembly and Annual Meeting, Nuance Communications introduced PowerScribe One, the next generation of the industry's most widely used radiology reporting platform. The PowerScribe One platform integrates access to artificial intelligence-powered diagnostic and decision-support tools to measurably improve workflow efficiency and accuracy. Purpose-built to address inefficiencies, inconsistent recommendations and failed follow-up, PowerScribe One benefits from the latest advances in AI such as natural language understanding, image characterization, speech recognition, intelligent exchange of structured data and cloud technology, enabling radiologists to: extract structured data continuously while dictating; apply structured data to aid in creation of accurate, clinically appropriate and consistent diagnostic reports; share clinically relevant structured data between systems-including EHRs, PACS and others-enabling care teams to improve follow-up, monitoring and outcomes; populate reports dynamically with content from integrated systems to minimize redundancy and reduce errors; integrate AI image characterization directly into the reporting workflow to achieve unparalleled levels of efficiency and accuracy via Nuance's AI Marketplace; make standardized reporting initiatives easier to launch, administer, promote and adopt; and harness the cloud to easily access and use evolving technology and innovation. PowerScribe One leverages a cloud-powered, continuously learning, and context-aware language understanding platform to convert unstructured speech-to-text input into structured data. PowerScribe One also integrates access to AI algorithms within the radiologist's normal workflow, giving radiologists powerful solutions to improve efficiency and throughput, increase diagnostic accuracy and specificity, and ensure consistent, evidence-based follow-up recommendations. The integration of structured narrative data, workflow-embedded AI, clinical guidance, assisted diagnosis, quality-checking, and report automation tools elevates the accuracy, completeness, and value of radiology reporting. PowerScribe One also enables enhanced sharing of concrete and actionable information with care teams and across the care pathway. It puts essential follow-up, timeframe, and other information that was previously stranded within unstructured narrative report text directly into the hands of clinical users. Converting unstructured text to structured data opens a path to expanded interoperability and powers a new generation of data-driven applications. It also complements standardization work on Common Data Elements by the ACR, ASNR, RSNA, and other governing bodies to improve information exchange and advance radiologic practice, research, and performance measurement.

NUAN Nuance
$16.41

0.24 (1.48%)

10/19/18
WEDB
10/19/18
INITIATION
Target $22
WEDB
Outperform
Nuance initiated with an Outperform at Wedbush
Wedbush analyst Daniel Ives initiated Nuance with an Outperform rating and $22 price target, telling investors that while the company has "clear challenges" ahead of it, he believes with new leadership, a focus on the core businesses, cost initiatives in place, and a strategic asset allocation/debt repayment plan finally makes this name an interesting risk/reward at current levels.
10/18/18
WEDB
10/18/18
INITIATION
WEDB
Outperform
Nuance initiated with an Outperform at Wedbush
08/09/18
STPT
08/09/18
DOWNGRADE
STPT
Hold
Nuance downgraded to Hold from Buy at Standpoint Research
05/10/18
CHLM
05/10/18
NO CHANGE
Target $17
CHLM
Buy
Nuance price target lowered to $17 from $24 at Craig-Hallum
Craig-Hallum analyst Jeff Van Rhee lowered his price target for Nuance to $17 from $24 after the company put up an in-line quarter and lumpy bookings were lower. The analyst reiterates a Buy rating on the shares.

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