BaseHealth, a predictive, evidence-based, and data-driven population health management solution that targets the unknown risk by identifying the “Invisible Patients” has raised $8.5 million in Series C funding led by HBM Healthcare Investments. The Sunnyvale, CA-based digital health startup plans to use that latest round of funding to further develop BaseHealth’s analytics engine, which is based on peer-reviewed medical literature, curated by physicians and scientists, and enhanced with
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Predictive Analytics in Healthcare | Health IT | Digital Health | Patient Care Solutions | News, Insights, Analysis - HIT Consultant
Big Cloud Analytics Rebrands as EVO Health, Launches Wellness Analytics App Platform
Big Cloud Analytics, an Atlanta-based real-time predictive analytics technology for the IoT enabled biometric data, announced it has rebranded the company to EVŌ. The rebranding marks a shift in the company’s business model and aligns with launch of the EVŌ™ app, which combines the best of data and behavioral science to deliver a personalized experience.“As the world of digital health continues to evolve, we’ve seen the lines between our work for the Enterprise and the value we deliver for
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Backed by Premera Blue Cross, Cardinal Analytx Raises $6.1M for Predictive Analytics Platform
Cardinal Analytx, a Palo Alto, CA-based digital health startup using machine learning and artificial intelligence to improve care and reduce healthcare costs for patients has raised $6.1 million in Series A funding. Spun out of Stanford University, Cardinal Analtyx Solutions was founded by Stanford professors Drs. Arnie Milstein and Nigam Shah, who created the company with lead investor Cardinal Partners. Other investors include the Stanford-StartX Fund and Premera Blue Cross, which also
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How Predictive Analytics Brings Operational Clarity to Healthcare
The healthcare industry is grappling with a perfect storm of critical issues, each with the ability to negatively affect the access to and the quality of patient care. These issues include the lingering uncertainty regarding the fate of the Affordable Care Act and how Americans receive and pay for their healthcare. Another is the growing trend of industry consolidation, as it becomes increasingly challenging for small hospitals to compete in today’s environment. However, research shows that
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Groove Health Lands $1.5M to Improve Medication Adherence Using Predictive Analytics
Groove Health, a Chicago, IL-based digital health startup has raised $1.6 million to help expand its data-driven medication adherence platform for health insurance companies, hospital systems, and self-insured employers. Investors of the seed round were not disclosed.Founded in 2016, Groove Health partners with healthcare enterprises to provide value-added analytical insights and targeted outreach programs that increase medication adherence rates in chronically-ill populations. The company’s
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How Predictive Analytics Brings a Moneyball Approach to Improve Healthcare Financial Performance
Editor's Note: Paul Bradley, PhD, is the Chief Data Scientist at ZirMed, a company empowering healthcare organizations to optimize revenue and population health with an end-to-end platform of cloud-based financial and clinical performance management solutions. Predictive analytics – using data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data – has become a staple of many industries.Brick-and-mortar retailers use it to
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Connance Integrates Patient’s Socio-demographics Into CareWire’s Patient Engagement Platform
Connance, a provider of healthcare predictive analytics solutions, has partnered with CareWire, a text-first, mobile patient engagement solution provider, to integrate a new set of predictive analytics into CareWire’s HIPAA-compliant messaging platform for patients. Connance and CareWire are piloting the solution and anticipate general release of the enhanced capabilities in Q4. Connance leverages data science, integrated to workflow to drive enhanced performance. Connance delivers Patient Pay
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CareSkore Unveils Population Health Management as a Service App (PHMaaS )
CareSkore, a provider of end-to-end personalized population health management, announced today the release of its Population Health Management as a ServiceTM (PHMaaSTM), providing direct access to its extensive machine-learning analytics engine to 3rd-party applications through an API.“PHMaaS completely changes the game for how organizations adopt population health management,” said Jaspinder Grewal, CEO of CareSkore. “We have too many proprietary application interfaces in health care. PHMaaS
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KenSci Nabs $8.5M to Develop Machine Learning Apps for Healthcare
KenSci, a Seattle-based digital health startup building the world’s first vertically integrated machine learning platform for healthcare has raised $8.5 million in Series A funding led by Ignition Partners with participation from Osage University Partners and Mindset Ventures. The company plans to utilize the funding to scale its machine learning platform for predictive risk management and expand operations to support the company’s rapidly growing customer base.Incubated at the University of
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GHX: Predictive Analytics Named Top 2017 Priority for Healthcare Supply Chain Leaders
Predictive analytics and the use of data for informed decision making has been named as a top priority for healthcare supply chain leaders in 2017, according to a recent Global Healthcare Exchange, LLC (GHX) survey. The results are based on a survey conducted by GHX with its Best 50 provider organizations on priorities and outcomes for the healthcare supply chain in 2017. The survey also revealed that top performing supply chain organizations will look to improve price accuracy between
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