Artificial Intelligence Company Unveils New Name – Faros Becomes Raiven Healthcare

Published: Sep 19, 2017

NASHVILLE, Tenn.--(BUSINESS WIRE)--Artificial intelligence company Faros Healthcare, based in Nashville, has changed its name to Raiven Healthcare, officials announced today.

Healthcare providers use the Raiven real-time, predictive analytics engine for assistance with complex health treatments, accessing the artificial intelligence (AI) tools to determine the clinical treatment path that will deliver the best outcome at the optimum cost for a specific patient. Raiven’s groundbreaking technology has demonstrated improved clinical outcomes by 40% while decreasing costs by 60%.

“Artificial intelligence has the ability to truly transform healthcare organizations and support providers in making optimal treatment decisions for patients,” stated Jim Stefansic, PhD, MBA, President and CEO of Raiven. “The ‘AI’ in Raiven’s name highlights our industry-leading artificial intelligence engine, which is positively impacting the lives of patients as well as offering a tremendous competitive advantage to Raiven’s clients.”

The artificial intelligence and predictive analytics company lists among its clients Centerstone, one of the largest non-profit providers of behavioral healthcare services in the country.

“Although our name is changing, our mission is not,” Stefansic added. “We remain committed to helping healthcare organizations serve their communities by determining the most effective, most economical treatment for patients.”

Stefansic says that the Raiven AI Engine is more needed than ever for those engaged in risk-based contracts, including accountable care organizations (ACOs) and providers in gainsharing agreements that require advanced algorithms to deliver actionable results that address specific problems. In particular, Faros is focused on care beyond the clinic through care coordination and case management, since healthcare organizations must closely monitor and improve health on an ongoing basis for complex conditions such as behavioral health.

To learn more about Raiven, visit the company’s website at www.raivenhealth.com.

About Raiven Healthcare

Providers use the Raiven Healthcare real-time, predictive analytics platform for complex health treatments, accessing the artificial intelligence (AI) tools to help determine the clinical treatment path that will deliver the best outcome at the optimum cost for a specific patient. The company’s groundbreaking technology has improved outcomes by 40% while decreasing cost by 60%. Raiven’s solutions are ideal for those engaged in risk-based contracts, including accountable care organizations (ACOs) and providers in gainsharing agreements that require advanced algorithms to deliver actionable results that address specific problems. For more information about Raiven, visit www.raivenhealth.com.

Laura Campbell & Associates
Laura Campbell, CEO, 615-579-6599
laura@laura-campbell.com

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