Active Stock report: 3M Company (NYSE:MMM)

3M Company (NYSE:MMM) opened at $170.21, after touching a high price of $171.91 and a low price of $169.84, finally closed at $169.95 in the last trading session by losing -0.15 percent. The stock has a 52-week range of $134.64-$182.27. The average volume of the stock is 1.67 Million, while the average price target for the stock is $180.87. The stock has a market cap of $102.72 Billion and P/E ratio of 21.66.

3M Company operates as a diversified technology company worldwide. The company’s Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; filtration products; closure systems for personal hygiene products; acoustic systems products; automotive components; abrasion-resistant films; structural adhesives; and paint finishing and detailing products.

Latest News:

3M Health Information Systems is expanding its market-leading 3M 360 Encompass System platform to launch 3M 360 Encompass System – Professional, the industry’s first encounter-based professional fee coding solution. The new software brings the power of 3M’s computer-assisted coding, physician query capability and reporting to coding and billing for physician services, helping professional coders improve productivity, boost compliance and decrease claim denials.

With the 3M 360 Encompass System as its foundation, 3M 360 Professional breaks down the wall between professional fee coding and inpatient and outpatient facility coding. The software enables coders to work from one technology platform, making it possible to bridge clinical documentation improvement (CDI) programs with all coding workflows and achieve collaboration across coding functions – increasingly important to revenue cycle success as professional fee coding operations become more centralized within hospital health information management (HIM) and revenue cycle departments or hospital medical groups.

The University of New Mexico Hospitals (UNMH), a five-hospital system and New Mexico’s only academic medical center and level one trauma center, is piloting the new 3M 360 Professional software.

3M 360 Professional builds on three decades of 3M experience in developing the industry’s most accurate and compliant coding and classification systems, used by over 5,000 hospitals globally. The new software is the latest addition to the 3M 360 Encompass System platform, extending its natural language processing (NLP) benefits to professional fee coders. Healthcare organizations using the 3M 360 Encompass System for computer-assisted coding (CAC), clinical documentation improvement (CDI), quality metrics and analytics can now take the next step to more efficiently connect professional fee coding with facility coding.