Predictive analytics software provider to help hospitals improve outcomes raises $20M
Hospitals are using data analytics software to help develop better care models. Predictive analytics software in particular is helping hospitals get a better read of their patient populations. That can include identifying which patients have the highest risk for developing hospital-acquired sepsis to helping providers do a better job of follow-up care when patients are being discharged. The idea is to take preventive action where possible before their health issues become even more serious and costly to treat.
Healthcare is a big market for collaborative predictive analytics software provider Predixion Software. It added two new strategic investors — Accenture (NYSE: ACN) and GE Ventures — in a $20 million Series C round, according to a company statement. Accenture is collaborating with Predixion to develop a group of predictive analytics tools for its clients. One goal is to make it easier to apply data driven insights within Accenture clients’ workflows. Predixion works across several different industries including healthcare. It counts Aetna and Kaiser Permanente among its customers.
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