About This Deal

3M Company acquired CodeRyte Inc., a transaction completed in April 2012, structured as Acquisition (terms not disclosed).

CodeRyte Inc. operates in Health Care (Health Information Systems), is based in United States. CodeRyte is a clinical natural-language-processing (NLP) and computer-assisted coding company for outpatient healthcare providers, with products including CodeAssist, CodeComplete and DataScout. 3M, which had worked with CodeRyte since 2009, acquired it to apply its NLP engine to the 3M 360 Encompass System for clinical documentation and coding.

Adds leading NLP technology to 3M's coding, reimbursement and patient-classification solutions.

Deal Terms

Acquirer
3M Company
Target
CodeRyte Inc.
Value
Not disclosed
Date
April 2012
Type
Acquisition
Status
Official-source - no SEC filing

Transaction Details

Target HQ
United States
Segment
Health Care (Health Information Systems)
Structure
Acquisition (terms not disclosed)
Announced
April 10, 2012
Closed
April 10, 2012

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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