This paper presents the results of the development of a high throughput, real time modularized text analysis and information retrieval system that identifies clinically relevant entities in clinical notes, maps the entities to several standardized nomenclatures and makes them available for subsequent information retrieval and data mining. The performance of the system was validated on a small collection of 351 documents partitioned into 4 query topics and manually examined by 3 physicians and 3 nurse abstractors for relevance to the query topics. We find that simple key phrase searching results in 73% recall and 77% precision. .