CBaySystems

CBaySystems Holdings was a leading global provider of medical transcription and healthcare information management services. The company specialized in technology-enabled business process outsourcing (BPO), serving a vast network of hospitals and physician practices across the United States. In 2011, CBaySystems acquired its larger rival, MedQuist, and subsequently rebranded the combined entity as M*Modal to focus on advanced speech understanding and clinical documentation solutions. The company was taken private by One Equity Partners in 2012 for approximately $1.1 billion. Its technology business was later acquired by 3M in 2019, while its transcription service business continued under different ownership.