MEDai Ties Predictive Modeling to Group Renewal Underwriting
MEDai, Inc., a leading provider of advanced solutions for healthcare that utilize award-winning predictive modeling technology, headquartered in Orlando, FL, announced earlier this week that Diane Lee, Executive Vice President, and Ogi Asparouhov, Ph. D. Senior Scientist, at MEDai will contrast individual versus group predictive modeling for group renewal underwriting at the upcoming Predictive Modeling Implementation for Underwriting conference January 31 in San Francisco, California.
Orlando, FL (PRWEB) January 27, 2006
MEDai, Inc., a leading provider of advanced solutions for healthcare that utilize award-winning predictive modeling technology, headquartered in Orlando, FL, announced earlier this week that Diane Lee, Executive Vice President, and Ogi Asparouhov, Ph. D. Senior Scientist, at MEDai will contrast individual versus group predictive modeling for group renewal underwriting at the upcoming Predictive Modeling Implementation for Underwriting conference January 31 in San Francisco, CA.
The presentation will compare the advantages and disadvantages of empirical models that are developed to predict individual member versus those that are developed to predict member groups. Time will be spent showing how the strengths from each of these can be combined to create the most accurate predictions for underwriting renewal.
For more than a decade, MEDai’s predictive modeling application Risk Navigator Clinical has accurately forecasted prospective high-risk patients to improve patients' health and quality of care while controlling cost. The advantage of MEDai's prediction engine is its use of the right combination of linear and non-linear models to correctly "fit" the characteristics of the client's population. In addition to forecasting those that are high-risk/high-cost, Risk Navigator Clinical allows care managers to quickly identify members with the greatest impact potential from both financial and quality of life perspectives, improve underwriting accuracy and increase renewal rates.
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 and care management organizations are able to predict patients at risk, identify cost drivers for their high-risk population, forecast future health plan costs, evaluate patient patterns over time and improve outcomes. For more information on MEDai, visit http://www. medai. com.
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