3M Company acquired Info-X Inc., a transaction completed in August 2004, structured as Acquisition (terms not disclosed).
Info-X Inc. operates in Health Care (Health Information Systems), is based in United States. Info-X, based in New Jersey, is a provider of medical coding compliance software and data used to manage hospital billing and regulatory compliance. 3M folded it into its Salt Lake City-based Health Information Systems division, integrating Info-X products so providers can check local medical review policies at the point of coding.
Strategic add-on to 3M's coding, reimbursement and compliance software to reduce Medicare claim denials.
Advisory firms were not disclosed for this transaction.