Jvion, an Atlanta-based cognitive clinical science machine firm has acquired predictive analytic firm Predixion’s Healthcare IT practice for an undisclosed sum. For Jvion, the acquisition will help augment the company’s market positioning while amplifying the value delivered by Predixion to their current client base by enabling access to Jvion’s Cognitive Clinical Success Machine.
Predixion, which raised $42M+ to date, received $20M in its third round of investment and is backed by giants including Accenture, GE Ventures, and Software AG, will bring top industry talent and an impressive client roster to Jvion. Predixion had great success enabling adoption and use at prominent healthcare providers including Carolinas Healthcare System.
Jvion produces a high-performance cognitive appliance that is used by providers to view, in ultra-definition, the future state of a specific patient’s health and identify the most effective action path that will reduce the risk of illness or an adverse event. Jvion will leverage this capability to drive success activation across the company’s rapidly expanding client base. In addition to the added experience and knowledge, Predixion will bring new pools of data, which will add to the existing body of data that feeds the Jvion machine.
“The clinical predictive analytic segment, having gone through the usual hype cycle, has started to show consolidation and we are proud to be leading this phase of market growth and maturity. We are thrilled to incorporate Predixion’s Healthcare IT practice into the Jvion team,” said Shantanu Nigam, Co-founder and CEO of Jvion. “Predixion has had great success. Most notably, they have helped Carolina’s Health System (CHS) empower their nursing staff with insights and processes that have led to a reduction in the provider’s readmission rate. We are excited to build on this momentum and extend to this market the value that our machine enables to help improve health and lower the cost of care.”
