Company intelligence / Profile preview

Spryance

Newton, Massachusetts, United States
Ownership
Private
Development stage
Other
01

Overview

Spryance was a healthcare services company specializing in medical transcription and clinical documentation solutions. Founded in 2001, the company utilized a global delivery model to provide high-quality, cost-effective transcription services to hospitals, clinics, and physician practices. Their technology-driven approach focused on improving the speed and accuracy of medical record processing, helping healthcare providers manage patient data more efficiently. The company leveraged a combination of speech recognition technology and a global workforce to reduce turnaround times for clinical reports. Spryance was acquired by MedQuist in 2004 for approximately $34 million, and its operations were eventually integrated into what is now 3M Health Information Systems.

Industry
Biomedical IT and Biomedical Data Platforms

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