Four healthcare vendors utilizing machine learning named IDC innovators
Jul 14, 2017
FRAMINGHAM, Mass., July 14, 2017 – International Data Corporation (IDC) has just released an IDC Innovators report recognizing four healthcare IT vendors with revenue under $100 million who have embedded machine learning in their applications.
The IDC Innovators study profiles Apixio, Ayasdi, CognitiveScale, and Wellframe.
Apixio's HCC Profiler assists healthcare payers in identifying incomplete diagnostic coding that impacts Medicare Advantage reimbursement. Ayasdi uses Topographical Data Analysis (TDA) with machine learning for their care optimization, population health, and financial management applications. CognitiveScale has two products utilizing machine learning: Engage, which supports customer engagement, and Amplify, which augments worker expertise and process intelligence. Wellframe uses mobile technology to communicate with patients and help them manage both acute and chronic illness.
"The initial introduction of machine learning in healthcare was slow to catch on as healthcare organizations struggled to gain the expertise to understand the relevant data, create algorithms and consume the applications across their organizations. Embedding machine learning in applications is allowing the democratization of the technology," said Cynthia Burghard, research director, Value-B ased H ealthcare IT Transformation S trategies.
The study, IDC Innovators: Machine Learning Coming of Age in Healthcare, 2017 (Doc #US42826817) profiles healthcare IT vendors with an innovative technology or a groundbreaking new business model or both. The IDC Innovators research document examines healthcare IT vendors who utilize machine learning for their solutions, with revenue of less than $100 million with a product, service, or business model with a specific use case.
About IDC Innovators
IDC Innovators reports present a set of vendors – under $100M in revenue at time of selection – chosen by an IDC analyst within a specific market that offer an innovative new technology, a groundbreaking approach to an existing issue, and/or an interesting new business model. It is not an exhaustive evaluation of all companies in a segment or a comparative ranking of the companies. Vendors in the process of being acquired by a larger company may be included in the report provided the acquisition is not finalized at the time of publication of the report. Vendors funded by venture capital firms may also be included in the report even if the venture capital firm has a financial stake in the vendor's company. IDC INNOVATOR and IDC INNOVATORS are trademarks of International Data Group, Inc.
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