3M Health Information Systems, part of
), recently signed an agreement with MedPartners HIM to offer
outsourced staffing services for clinical documentation
improvement (CDI). The outsourcing service will help hospitals
and health organizations manage long-term CDI staffing required
for organizational CDI initiatives.
The 3M Clinical Documentation Improvement (CDI) system is
designed to provide interactive clinical documentation guidelines
in an automated documentation review setting. There is an
increasing demand for these CDI specialists in health
organizations. Joining hands with MedPartners will further help
these hospitals to achieve precise clinical documentation,
accurate quality outcomes data and reimbursement to maintain
regulatory compliance. 3M also has a proven expertise in
CDI and delivers expert consulting and advanced software to help
hospitals improve their documentation and records.
MedPartners provides consulting, staff augmentation and human
capital solutions for short- and long-term projects. This
agreement will further help 3M to achieve a consulting program
that is customized to clients' needs and documentation quality
3M, together with its subsidiaries, operates as a diversified
technology company with manufacturing operations spread over 70
countries. The company aims to deliver innovative security
solutions to businesses and governments worldwide, thus
maintaining the security of people and documents.
3M remains focused on inventing new products and maintaining its
competitive advantage worldwide. The rise in demand for such
innovative 3M product services is likely to augment its overall
3M currently has a Zacks Rank #3 (Hold). Other stocks that
look promising and are worth a look now are
Federal Signal Corp
LSB Industries In
), each having a Zacks Rank #2 (Buy).
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3M CO (MMM): Free Stock Analysis Report
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