Predixion Software Designated as “Top Innovator” and Selected
to Present at Life Sciences and Healthcare Venture Summit
CEO Simon Arkell will detail Predixion’s predictive analytics solutions
designed for healthcare payors and providers
San Juan Capistrano, CA – March 27, 2012 – Predixion Software is among a select group of companies from the healthcare, life sciences, healthcare IT and healthcare media sectors invited as “Top Innovators” to present at The Life Sciences & Healthcare Venture Summit March 28 in New York City.
Predixion co-founder and CEO Simon Arkell will detail Predixion Software’s current and future predictive analytics solutions and initiatives for healthcare payors and providers. Arkell will present to an exclusive audience of potential strategic partners, premier service providers, venture capitalists, technology transfer professionals and other senior executives focused on healthcare-related opportunities.
Healthcare Predictive Analytics Solutions
Healthcare payors and providers both need predictive analytics solutions to address risk management issues that lead to higher costs and lower quality, and applications that allow organizations to predictively prevent readmissions, calculate patient length of stay and predict hospital acquired infections are becoming more popular.
One solution currently offered by Predixion Software is Predixion Readmission Insight™, a preventable readmission solution built on Predixion’s predictive analytics platform which was designed in collaboration with provider organizations. Predixion Readmission Insight identifies patients at risk of readmission before they leave the hospital, allowing for more tailored care while admitted and targeted interventions post discharge to assure more successful care outcomes. Predixion Software models have accurately predicted up to 86 percent of readmissions which resulted in better patient outcomes and true ROI for the provider in recent evaluations.
“Predixion was founded to break down the barriers hampering widespread adoption of predictive analytics by reducing the complexity and high cost typically associated with enterprise deployments,” Arkell said. “Our mission is to turn business analysts into predictive analysts and allow knowledge workers to benefit more easily from insightful predictions. Predixion is poised to become the ‘go-to’ vendor in the healthcare industry where disruptive, predictive solutions for the potentially preventable events segment are being utilized with high accuracy and reduced complexity for payors and providers alike,” Arkell said. “Our predictive analytics platform and solutions, which are integrated into clinical applications and accessible on mobile devices to cover the last mile of analytics, are helping our customers improve quality of care and decrease healthcare costs.”
About Predixion Software
Predixion Software develops predictive analytics technology that integrates with leading business intelligence platforms, business applications and clinical systems. Predixion offers an easy-to-deploy self-service predictive analytics solution that allows customers to unlock deep insights within their data.
Predixion’s healthcare solutions division is committed to finding new and innovative ways to apply our predictive technology to the challenges created by the rapidly evolving healthcare economy. As the industry moves towards wellness-based payment structures Predixion will continue to help payers and providers predict and prevent catastrophic and costly events.
Predixion Software is headquartered in Orange County, California with development offices in Redmond, Washington. The company has venture capital backing from established investors including DFJ Frontier, Miramar Venture Partners and Palomar Ventures. For more information call (949) 373-4900 or visit us at www.predixionsoftware.com.
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