Predictive Modeling Bulletin
  Complimentary from the publishers of Predictive Modeling News                  May 2018  
    
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Quote
  "We have seen savings increase from 6.6% to 13.2% by improving the predictive accuracy by two times compared to the actuarial-based predictive models for some of the targeted cohorts."
- Kirit Pandit, Chief Modeling Officer at and co-founder of VitreosHealth.
 
Factoid
  "We have seen that Medicare populations see an annual average of 60% churn in the top 10% of high-cost members. This translates to a churn of 5% of high-cost members every month.'"

Excerpted from: Predictive Modeling News, Volume 11 Number 5, May 2018, "MoneyBall in Healthcare: Why Predictive Analytics Accuracy is a Must for Medicaid, Medicare Advantage Plan Success," contributed by VitreosHealth.
 
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How cutting off subsidy payments to insurance companies would affect Obamacare Bringing AI and machine learning innovations to healthcare (Google I/O '18)

Could machine learning give new insights into diseases, widen access to healthcare, and even lead to new scientific discoveries? Already we can see how machine learning can increase the accuracy of diagnoses from medical imaging, and may be able to predict a patients risk of disease. This Keynote Session includes short talks by Lily Peng of Google Brain and Jessica Mega of Verily (Alphabet) about how they are bringing technological innovations in AI and machine learning to healthcare.

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  Zion Market Research: Segmentation of the Global Healthcare Predictive Analytics Market

1. types: predictive analytics, descriptive analytics, and prescriptive analytics
2. applications: financial analytics, clinical analytics, population health analytics and operational and administrative analytics
3. Continue reading here

Source: SBWire Press Release, May 8, 2018
 
     
 
 
 
This Month in Predictive Modeling News
 
  • Analytics Power a Surgical Approach to Reimbursement Schedule Development by Marcel Tetzlaff, Vice President of Provider Experience and Benefit Management, SKYGEN USA
  • Reports, Blogs Detail Status, Future of Key Predictive Analytics Niches
  • Corporate Collaboration
  • MoneyBall in Healthcare: Why Predictive Analytics Accuracy is a Must for Medicaid, Medicare Advantage Plan Success, Contributed by VitreosHealth
  • Thought Leaders' Corner: "If you had stepped into our special Predictive Modeling News Time Transporter five years ago and emerged today, how would healthcare predictive analytics exceed or fall short of your expectations?"
  • Industry News: Jvion, Roundtable Analytics, HealthAdvocate Solutions, Orion Health and Health Resource Solutions
  • Predictably Quotable
  • Click here to subscribe to Predictive Modeling News, or find out more

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