Solventum
About
Independent healthcare technology company spun off from 3M on April 1, 2024 — NYSE: SOLV, ~$8.2B revenue. Solventum's Health Information Systems (HIS) segment operates the 3M HIS platform, M*Modal AI documentation, and clinical coding/CDI software used by 75%+ of US hospitals. M*Modal Fluency Direct provides clinical speech recognition competing with Nuance Dragon Medical. Solventum CDI (Clinical Documentation Integrity) software helps hospitals capture complete clinical documentation for accura...
Details
VenSearch Intelligence
Ideal Customer
- Solventum HIS is squarely an enterprise-tier solution, with its sweet spot being large acute care hospitals, major health systems, and multi-facility integrated delivery networks.
- Its customer base includes top-tier academic medical centers and honor roll hospitals such as Mayo Clinic, Cleveland Clinic, Johns Hopkins, and Cedars-Sinai.
Key Differentiators
- Solventum HIS claims market leadership rooted in 40+ years of medical coding expertise — a heritage that underpins proprietary classification methodologies (APR-DRGs, EAPGs, PPCs) used by CMS, state Medicaid programs, and international ministries of health.
- Its 360 Encompass platform is the only integrated suite combining CAC, autonomous coding, CDI, and ambient speech documentation in one revenue cycle workflow, and its Autonomous Coding System leverages LLMs for zero-touch coding of qualified visits.
Industries Served
- Solventum HIS serves exclusively the healthcare sector, with no significant presence in other verticals.
- Customer segments include acute care hospitals and health systems, physician practices of all specialties, federal government health agencies (including CMS and the VA/DoD), state Medicaid programs, private payers, ambulatory surgical centers, and public and private research institutions.
Service Coverage
- Solventum Health Information Systems operates globally, with solutions deployed across 30+ countries and used by more than 75% of U.S. hospitals.
- The HIS division processes approximately 660 million clinical documents monthly, serving health systems, physician practices, and government payers across the United States and international markets.
Partnerships
- Solventum Fluency Direct integrates natively with more than 250 EHR platforms, including Epic, Oracle Health (Cerner), Meditech, eClinicalWorks, athenaClinicals, Allscripts, EMIS Health, and System-C. Epic Systems recognized Solventum's CodAssist as a certified 'Toolbox' solution, representing a formal integration endorsement within the Epic ecosystem.
- Solventum also bundles Fluency Direct with hardware partners such as Olympus (OM SYSTEM) microphones through reseller channels.
Company Size & Ownership
- Solventum Corporation (NYSE: SOLV) is an S&P 500 company with approximately 20,000–22,000 employees globally as of 2024–2026 and total annual revenue of approximately $8.3 billion.
- The company was incorporated January 24, 2023, and completed its spinoff from 3M on April 1, 2024, with a market capitalization of approximately $14 billion.
Compliance & Certifications
- Solventum's HIS solutions are designed using compliance-by-design principles and are aligned with HIPAA, PCI DSS, and GDPR.
- Its flagship 360 Encompass System and Grouper Plus Content Services (GPCS) have achieved FedRAMP authorization, enabling sales to federal government agencies.
Compiled from public sources by VenSearch · Last researched October 14, 2026
Offerings
2 offeringsM*Modal Fluency Direct (Clinical Speech)
AI-powered clinical speech recognition and ambient documentation — direct competitor to Nuance Dragon Medical One in hospital EHR environments. Used by 300,000+ physicians across Epic, Oracle Health, and other EHR platforms for voice-driven documentation. Formerly 3M HIS; now Solventum Health Information Systems following the 3M spinoff.
Solventum CDI & Coding
Clinical documentation integrity and coding software — AI-assisted CDI queries help hospitalists and specialists capture complete clinical information for accurate DRG assignment and hospital reimbursement. Used by 75%+ of US hospitals. Includes computer-assisted coding (CAC) that suggests ICD-10 codes from clinical notes.
Considering Solventum?
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