ORLANDO, Fla., Aug. 18 /PRNewswire/ -- MEDai, Inc., an Orlando-based firm that assists healthcare organizations in improving care by forecasting high- risk patients, announced last week that its predictive modeling technology ranked highest against all University of California affiliates in the 2005 University of California Data Mining contest.
The University of California Data Mining Contest provides a forum for teams to test their data mining skills on real-world data sets. This year teams competed to build a system that correctly predicts useful information about a customer’s account based on the history of transactions such as: Classification - Predicting whether an account is bad; and Time Series Analysis - Predicting when an account turns bad. MEDai’s technology also won first place in the prestigious international German Classification Society competition, also known as the GFKL. These most recent accomplishments will be added to a growing list of international awards MEDai has received in the area of predictive modeling and data mining over the years. In 2003 and 2004, MEDai placed first in the world of predictive modeling, winning both tasks assigned within the International ACM KDD competition.
MEDai’s award-winning predictive technology is the foundation for its Risk Navigator Clinical(TM). Risk Navigator Clinical accurately forecasts high-risk members where there is the greatest opportunity to impact cost and quality of care. Its prediction engine uses the right combination of linear and non- linear models to correctly “fit” the characteristics of an organization’s population. The result is improved accuracy that can be traced right to the bottom line through improved management, more focused programs and better resource allocation.
“For more than a decade, MEDai has delivered the most accurate predictive modeling technology to the healthcare market,” said Steve Epstein, CEO/President of MEDai. “Our technology’s performance in the 2005 UC Data Mining contest is another testament to the ability of our methodologies and our commitment to providing award-winning solutions to providers and payors.”
About MEDai
MEDai, Inc. is a leading health information company offering award-winning solutions for the improvement of healthcare delivery. Utilizing cutting-edge technology, payors are able to predict patients at risk, identify cost drivers for their high-risk population, predict future health plan costs, evaluate patient patterns over time, and improve outcomes. For more information about MEDai, visit http://www.medai.com .
For More Information Contact: Swati Abbott, VP, Business Development MEDai, Inc. 800-446-3324 or 321-281-4480
MEDai, Inc.
CONTACT: Swati Abbott, VP, Business Development, MEDai, Inc.,+1-800-446-3324 or +1-321-281-4480
Web site: http://www.medai.com/