Cardinal Analytix, a predictive analytics company that leverages machine learning and AI technology to identify potential high-expense health plan enrollees, today announced a partnership with Premera Blue Cross, a health plan based in the Northwest. As part of the collaboration, Premera will utilize Cardinal’s predictive analytics platform to identify and communicate with its plan members about potential health risks using predictive, or clinical, analytics based on advanced machine learning.
Based in Mountlake Terrace, Wash., Premera Blue Cross initially partnered with Cardinal to participate in the design and validation of the first version of Cardinal Analytx’s Cost Bloom™ predictions and medical action plans using proprietary, leading-edge machine learning algorithms. After success piloting this solution, Premera is deploying the solution along with additional risk prediction models it helped to design. Cardinal, which was spun out of Stanford University-affiliated StartX startup accelerator, is backed by Cardinal Partners, Premera Blue Cross, and the Stanford-StartX Fund.
“Using advanced prediction and data science with healthcare data is providing new value in healthcare innovation,” said Colt Courtright, director of Corporate Data and Analytics at Premera Blue Cross. “By working with Cardinal Analytx, we’re able to leverage unique predictive capabilities and bring new solutions to the market that benefit Premera customers. Premera is able to identify a customer who appears to be at risk of a significant increase in their medical needs. Premera’s care management team can then create a plan to address and potentially mitigate these medical needs, directly with the patient or the provider,” Courtright added.
