Nuance

Nuance

AI solutions for healthcare and enterprises

About Nuance

Simplify's Rating
Why Nuance is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Healthcare

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$19.7B

Headquarters

Burlington, Massachusetts

Founded

1992

Overview

Nuance Communications focuses on providing artificial intelligence solutions, particularly for healthcare and enterprise customer service. In healthcare, their product, Dragon Ambient eXperience (DAX), uses AI to help reduce the administrative workload for healthcare professionals, allowing them to concentrate more on patient care by streamlining clinical documentation. For enterprises, Nuance offers omnichannel engagement platforms that include intelligent virtual assistants and digital self-service tools, which enhance customer interactions and improve satisfaction. Unlike many competitors, Nuance specifically tailors its AI solutions to meet the unique needs of healthcare providers and businesses, operating on a business-to-business model. The company's goal is to improve operational efficiency and customer engagement through advanced AI technology.

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Simplify's Take

What believers are saying

  • Growing demand for AI in healthcare boosts Nuance's market potential.
  • DAX Copilot adoption by major health systems like Northwestern Medicine enhances credibility.
  • Mid-Revenue Cycle Management market growth offers expansion opportunities for Nuance.

What critics are saying

  • Data breach lawsuit could harm Nuance's reputation and financial standing.
  • Internal competition from Microsoft's Dragon Copilot may affect DAX Copilot sales.
  • Increasing competition in conversational AI market challenges Nuance's market position.

What makes Nuance unique

  • Nuance excels in AI-driven healthcare solutions like Dragon Ambient eXperience (DAX).
  • The company integrates AI with Electronic Health Records to enhance clinical documentation.
  • Nuance's omnichannel engagement platforms improve enterprise customer interactions.

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Funding

Total Funding

$19700M

Above

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health & dental coverage, along with telehealth services

Tax‑advantaged health spending accounts

Reimbursement for fitness memberships & weight loss programs

Competitive pay

Income protection

Tuition assistance

Adoption assistance

Retirement plans with company match

Employee Assistance Programs

Generous paid time off

12-week paid parental leave

Calm app subscription

Onsite perks like free snacks, dry cleaning pickup, chair massages, and car detailing

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
PYMNTS
Mar 6th, 2025
Athenahealth Expands Ai Documentation Technology With Abridge Partnership

Athenahealth is partnering with Abridge to integrate the company’s enhanced note-taking technology into its platform for clinicians, as the market for ambient scribing is becoming more crowded. Abridge offers ambient note-taking, which is an artificial intelligence (AI)-powered technology that listens to a patient and doctor conversation and generates structured medical notes. After a review by the doctor, these notes are added directly to a patient’s electronic health record. The note-taking tool is also multilingual; it can record the patient-doctor conversation in one language and write it up in another language

PYMNTS
Mar 4th, 2025
Microsoft Unveils Ai-Powered Voice Assistant To Alleviate Physician Burnout

Microsoft introduced a new clinical artificial intelligence assistant Monday (March 3) that combines advanced voice dictation and ambient listening with generative AI to alleviate doctors’ workflow burdens. Called Dragon Copilot, the assistant integrates Microsoft’s Dragon Medical One (DMO) speech capabilities for doctor dictation of medical notes and its DAX Copilot ambient AI listening technology that converts conversations between doctors and patients into clinical summaries that can be integrated into the electronic health record, according to a press release. The consolidated AI tool aims to minimize clinician burnout by streamlining administrative tasks and bringing forth faster clinical insights, the release said

Hit Consultant
Aug 15th, 2024
Northwestern Deploys Epic-Integrated Dax Copilot Across Enterprise

What You Should Know: – Nuance Communications, a Microsoft company, announced that Northwestern Medicine has selected Dragon Ambient eXperience (DAX) Copilot as its ambient voice solution. – The AI-powered technology will be integrated into Epic EHR to streamline clinical documentation and enhance patient care.Nuance’s DAX Copilot Reduces Physician Burnout and Improves CareDAX Copilot addresses the critical issue of physician burnout by automating time-consuming administrative tasks. According to The Institute for Functional Medicine, approximately 53% of physicians reported feeling burned out in 2023. By reducing documentation burden and allowing physicians to focus on patient interactions, DAX Copilot helps alleviate this problem.DAX Copilot leverages AI to automate clinical documentation, allowing physicians to focus on patient interactions rather than time-consuming administrative tasks. By reducing “pajama time” and increasing patient throughput, DAX Copilot contributes to improved physician satisfaction and overall well-being.Northwestern Medicine’s adoption of DAX Copilot aligns with the growing trend of healthcare organizations seeking innovative solutions to address physician burnout and optimize clinical workflows. The health system’s commitment to leveraging technology to support its academic, research, and administrative functions is evident in this strategic implementation.Key benefits of DAX Copilot for Northwestern Medicine include:Increased patient access to care: Physicians using DAX Copilot have seen an average increase of 11.3 patients per month.Improved physician satisfaction: A 24% decrease in time spent on notes and a 17% reduction in after-hours administrative tasks.Enhanced financial outcomes: Higher Level of Service coding due to accurate clinical documentation.“We are already seeing the significant benefits of DAX Copilot as it is materially enhancing our ability to provide exceptional patient care by reducing the administrative burden on our physicians,” said Doug King, senior vice president and chief information officer of Northwestern Memorial HealthCare. DAX Copilot builds upon the success of Nuance’s Dragon Medical One, a leading documentation workflow assistant trusted by over 600,000 clinicians worldwide. By integrating with existing healthcare systems, DAX Copilot offers a scalable and secure solution for improving clinical efficiency and patient care

PYMNTS
Jul 2nd, 2024
Geisinger’S 1 Million Patient Data Breach Leads To Lawsuit

A patient affected by a “data security incident” involving Pennsylvania-based health system Geisinger has filed a class-action lawsuit against the company. Geisinger’s IT vendor, Microsoft-owned Nuance, determined that a former employee may have accessed the personal information of 1 million Geisinger patients, according to a June 24 press release. The patient who filed the class-action lawsuit argued that Geisinger and Nuance failed to protect consumers’ personal information, the Centre Daily Times reported Monday (July 1)

PR Newswire
Jun 11th, 2024
Tampa General Hospital Deploys Artificial Intelligence Tools To Elevate Patient Experience

Ambient listening eliminates hours of documentation so providers can focus on patients and their care.TAMPA, Fla., June 11, 2024 /PRNewswire/ -- Documentation is essential to delivering high-quality care but can result in a heavy burden on physicians and serve as a distraction from their patient interactions. Tampa General Hospital (TGH) is turning to artificial intelligence (AI) solutions to reduce the bureaucracy and elevate the patient experience.Through a partnership with Nuance finalized this month, more than 500 physicians affiliated with Tampa General will begin utilizing DAX Copilot to increase productivity. The ambient listening tool is used to securely capture a patient story, including details of symptoms, observations and experiences. With the help of AI, it automatically converts multi-party conversations into specialty-specific, clinical summaries in seconds."Simply put, documentation is necessary, but it's a growing burden on all involved. At Tampa General Hospital, we're not willing to settle for the status quo. We're focused on pursuing innovative solutions to transform the way we deliver care," said John Couris, president and CEO of Tampa General Hospital

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