Medical Scientists to Launch HybridAIMedical Scientists Inc (Boston, MA) released its HybridAI next-generation Rational Artificial Intelligence (RAI) predictive modeling technology to the healthcare industry at the National Managed Healthcare Congress in Atlanta, GA. HybridAI is the first healthcare technology to apply RAI to the identification of catastrophic risk cases, producing previously unachievable levels of speed and accuracy. In essence, this new system identifies catastrophic risk individuals before they get sick so that managing organizations can apply accelerated care. HybridAI is the company's latest addition to its complete line of healthcare predictive modeling technologies. "The convergence of technology and improved clinical knowledge has given us a powerful tool to improve the quality of healthcare and at the same time ensure the appropriate use of limited healthcare dollars," said Harry Poteat, MD, ScD, Vice Chairman and CIO of Medical Scientists. HybridAI leverages RAI to help health insurers, health plans, case managers and medical professionals identify patients whose care would be enhanced by earlier intervention. "In an era when healthcare costs for catastrophic cases are draining much needed dollars from healthcare budgets, it makes sense to identify high-risk patients before they become catastrophic cases and provide accelerated case management intervention to prevent the disease's progression," Dr. Poteat added. "Our new software, HybridAI allows organizations at risk to identify current low cost members who will cost the most money and require the most care without accelerated intervention." The new RAI technology has distinct advantages over previous technologies, including new levels of speed and accuracy "In essence, the HybridAI technology creates a customized Artificial Intelligence (AI) model for each data set," Dr. Poteat said." As a result, HybridAI can produce results in only a matter of days, putting accurate information in the hands of the care manager much quicker. We believe it is the most advanced system available today to identify catastrophic risk," Dr. Poteat added. The HybridAI system has been operational in a Beta environment for the past year, having already been used by some of the nation's leading healthcare organizations to test its abilities. "Medical Scientists has been able to achieve sensitivity rates as high as 95.1 percent, and specificity as high as 99.9 percent using client data to predict next-year catastrophic cases," Dr. Poteat said. In addition to using traditional claims and eligibility data for analysis, HybridAI is also able to utilize non-traditional data, such as health plan benefit structure, HEDIS and NCQA markers, occupation and disease prevalence and incidence rates, and even median income for its predictions. "This advanced new technology has exceptional control over sensitivity, specificity and accuracy," Dr. Poteat said. Medical Scientists Inc is a privately held, venture-backed, healthcare company founded in 1992 by Harvard trained physicians. The company is a leading provider of predictive modeling technology and consulting services to the healthcare industry. The firm's family of decision-support software products includes several other state-of-the-art validated decision-analysis models. The recently released MediSave 3.0 software suite predicts the disease-specific medical costs of a population, and the impact of intervention upon it, even without claims data. HealthChek models assess the disease-specific health risk of an individual, and recommend steps for improvement. Contact Jeff Nicholson, Product Manager of Medical Scientists Inc, 617-723-7710 x304, or jnicholson@medicalscientists.co m. |