Artificial Intelligence
Surveyor Health Demonstrates 19.3% Reduction in Cost of Care in Underserved Medicaid Community Via New SurveyorAI Platform for Population Medication Management
FOSTER CITY, Calif., June 01, 2021 (GLOBE NEWSWIRE) — Surveyor Health Corporation today launched the SurveyorAI platform, a patented technology that drives efficiency and affordability for population medication management. The company also released the results of a Stanford-guided two-year study and peer reviewed research in the Journal of Managed Care & Specialty Pharmacy. The study validates the platform’s ability to enhance remote medication management while lowering costs, reducing utilization, and improving health.
The results of the study are based on a pilot conducted with IEHP, Inland Empire Health Plan, one of the top 10 largest Medicaid health plans and the largest not-for-profit Medicare-Medicaid plan in the country.
“Adverse drug reactions result in 275,689 deaths and cost more than $528 billion per year*,” said Erick Von Schweber, co-founder of Surveyor Health Corporation. “SurveyorAI uses artificial intelligence and information derived from payer claims systems to identify those in need of intervention. The platform surfaces medication risks while searching through medication data to support telephonic interventions by pharmacists to implement safer regimens for any combination of ailments. After many years of development and testing, we are proud to be mitigating adverse drug reactions while reducing regimen risk, saving organizations money, and improving the overall health of patients in need.”
The key findings published in the Journal of Managed Care & Specialty Pharmacy include
- Regimen Risk Reduction Stats
- 15.2% reduction in serious drug-drug interactions
- 13.1% reduction in duplications of therapy
- 3.9% reduction in additive adverse events
- Healthcare Savings Stats
- The economic study found a 19.3% reduction in the total cost of care (TCoC) that yielded a savings of $554 per member per month. This translates to approximately $1.2M a month and over $14M annually for the 2,150 members in the study.
- Medication costs alone showed a 17.4% reduction, which yielded a savings of $192 per member per month.
- The utilization study found a 15% reduction in ER visits, a 9% reduction in hospital admissions, and a 10% reduction in bed days.
- Return on investment is 12.4:1 based on TCoC savings and program costs.
- The savings, averaged over the entire membership of 1.24M, are $.96 per member per month due to interventions by just 5 full time pharmacists using Surveyor Health’s AI and drug data from FDB (First Databank).
- Extended to members with similar risks, these interventions will save the Plan at least $109M annually and save California’s Medi-Cal (Medicaid) nearly $1.2B. This demonstrates how valuable it would be for Medicaid to support this quality of intervention for its members.
“IEHP works tirelessly to improve, innovate and mobilize, in tandem with our Providers, to help our Members achieve the optimal health they deserve,” said Dr. Edward Jai, IEHP Senior Director of Pharmaceutical Services. “I am heartened that our partnership with a comprehensive CMM program by pharmacists, aided by novel decision technology, enables us to connect the right Members to the right resources at the right time and engage a team of support around individual Members. Working together, we’ve decreased emergency department visits and hospitalizations, greatly impacting lives and fostering better health.”
Risks from medications are traditionally explored in isolation without always looking at the combinatorial effects of medications three at a time, four at a time, even twenty-five or more at a time, etc. that may be duplicative, additive or interact adversely.
The SurveyorAI platform consumes patient member information, assembled from multiple data sources, including labs and medication fills and then uniquely applies drug knowledge from FDB to probabilistically model patient risks for population stratification and to provide decision support during remote interventions to better inform medication treatment plan adjustments and to educate patients.
“FDB’s collaboration with Surveyor Health combines the power of our well-curated and vetted drug data and Surveyor’s AI-based technology to help keep patients safer and healthier,” said Bob Katter, president of FDB. “By identifying at-risk cohorts and applying this combined technology to telephonic medication management consults, Surveyor Health can identify and address issues such as potential drug-drug interactions and medication adherence gaps to improve health outcomes and lower the cost of care.”
The SurveyorAI platform:
- Evaluates a multi-drug regimen as a complex system of varying components, assessing the risks posed by numerous medications often being taken at the same time.
- Simulates prospective changes to a drug regimen to aid the clinician in deciding the optimal configuration in the face of so many tradeoffs.
- Expands the clinician’s knowledge, giving them the ability to, at-a-glance, understand and gain insight into the complexities of the large drug regimens all too common in high risk patients. This improves teamwide clinical consistency.
- Reduces overall medication regimen risks, leading to improved health, fewer hospital and ER visits and ultimately a reduction in healthcare costs.
“This study is also further evidence that pharmacist medication management services such as CMM are cost-effective in a Medicaid population, provides an impressive return on investment and represents good stewardship of the public resources with which we have been entrusted,” continued Dr. Jai.
*Editor’s Note: The data regarding adverse drug reactions was published in the Annals of Pharmacology, 2018.
About Surveyor Health Corporation
Surveyor Health has engineered a patented platform that drives efficiency and affordability by unifying population risk stratification with clinical decision support for medication and disease management. Backed by peer reviewed research, the SurveyorAI Platform uses artificial intelligence to enhance telephonic medication management while lowering costs, reducing utilization, and improving health. In the future, the team will apply the SurveyorAI Platform to other industries beyond healthcare. For more information visit surveyorhealth.com.
About IEHP
IEHP, Inland Empire Health Plan, is one of the top 10 largest Medicaid health plans and the largest not-for-profit Medicare-Medicaid plan in the country. With a network of more than 6,400 Providers and more than 2,000 employees, IEHP serves more than 1.3 million residents in Riverside and San Bernardino counties who are enrolled in Medicaid or Cal MediConnect Plan (Medicare-Medicaid Plan). Through a dynamic partnership with Providers and Community, award-winning service and innovative products, IEHP is fully committed to advocating for our Members and providing them with quality, accessible and wellness-based health care services. For more information, visit iehp.org.
About First Databank (FDB)
FDB (First Databank) is the leading provider of drug and medical device knowledge that helps healthcare professionals make precise decisions. We empower our information system developer partners serving the majority of hospitals, physician practices, pharmacies, payers, and all other healthcare industry segments to deliver valuable solutions used by millions of clinicians, business associates, and patients every day. For more than four decades our drug knowledge has been used to help improve patient safety, operational efficiency, and healthcare outcomes. For a complete look at our solutions and services, please visit https://www.fdbhealth.com/ or follow us on Twitter, LinkedIn, and YouTube.
Media Contact
Michael Volpatt
Larkin/Volpatt Communications
(415) 994-8864
TAIPEI, April 23, 2024 /PRNewswire/ — TXOne Networks, a frontrunner in the realm of cyber-physical systems (CPS) security, is set to unveil its groundbreaking CPS security platform, SageOne, at the highly anticipated GISec Global from April 23rd to 25th, 2024. Attendees can find TXOne Networks showcasing SageOne at stand B99 in hall 5. This innovative platform consolidates all CPS security products onto a single, central management platform, promising streamlined operations and optimized threat detection capabilities.
SageOne, aptly named “Wise Man Number One,” serves as a comprehensive management console providing a holistic view of the CPS attack surface within operational technology (OT) environments. By enabling centralized control of TXOne’s three core product lines – Stellar for endpoint protection, Element for security inspection, and Edge for network defense – SageOne facilitates integrated OT security throughout the lifecycle of protected assets, ensuring robust threat detection and response mechanisms.
Key features of SageOne include:
CPS Attack Surface Management: Prioritizing operational security by offering clear visibility into the overall security posture of OT environments, SageOne identifies security focal points, illuminating asset information and security controls.Integrated Lifecycle Protection: Through centralized management, SageOne simplifies cybersecurity governance and fosters collaborative defense. It serves as an abstraction layer, facilitating contextualization and consolidation of data across multiple products, offering tailored, task-oriented consoles for executives, security personnel, and plant leaders.CPS Threat Detection & Response: SageOne aggregates security insights from various solutions to scout for potential risks, enabling early caution and response to both known and unknown threats.SageOne’s foundation rests upon advanced components, including Threat Intelligence, Behavior-Based AI Analytics Engines, Compliance Framework, Data Visualizer, and Ecosystem Integrator, ensuring comprehensive protection and seamless integration of different tools and technologies.
With its focus on analyzing unexpected behavior and unknown threats, SageOne enables the identification of suspicious events through cross-telemetry analysis within the OT-native XDR engine. This amalgamation of advanced technologies and user-friendly interface ensures the protection of critical infrastructures.
For rapid threat response, SageOne issues early warnings of suspicious behavior and orchestrates cross-telemetry analysis for CPS Threat Detection & Response. Integrated Lifecycle Protection ensures the security of devices and systems throughout their service life, contributing to great cost efficiency.
TXOne Networks reaffirms its commitment to CPS security and continuous advancement in OT security through SageOne. Visit TXOne Networks at the GISec Global from April 23rd to 25th, 2024, at stand B99 in hall 5.
For further updates and information, follow TXOne Networks on the blog, Twitter, and LinkedIn.
About TXOne Networks:
TXOne Networks provides OT security products ensuring reliability and security in industrial control systems and operational technology environments through the OT Zero Trust methodology. Collaborating with leading industrial manufacturers and critical infrastructure operators, TXOne Networks offers practical and business-friendly approaches to OT defense. Its network and endpoint-based products secure OT networks and mission-critical devices in real-time with high security depth.
Website: www.txone.com
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LONDON, April 23, 2024 /PRNewswire/ — Imparta Ltd, a global leader in performance improvement for customer-facing teams, has announced the release of i-Coach AI, the world’s first sales methodology-aware AI.
Over the past 18 months, AI has reshaped many industries and professions, with sales being no exception. Yet, generic LLMs such as ChatGPT are poor at coaching, and at selling. Even data-driven AI insights are only as good as the qualitative frameworks that underpin their observations.
i-Coach AI is the first expert Sales AI Coach that follows a proven, structured coaching process, and is fluent in all aspects of sales, account management, negotiation, customer success, commercial and business acumen, sales management and sales leadership. It is powered by Imparta’s award-winning, research-based Agile 3D methodology and complete, modular skills library.
Richard Barkey, Founder and CEO of Imparta, said “GenAI is one of the few truly transformative technologies in our lifetimes, and one that no sales organisation can ignore. We are genuinely excited to introduce i-Coach AI, an enterprise-grade coaching tool for salespeople, managers and leaders. I’m not exaggerating when I say that I’m using i-Coach AI myself, to think through strategies around specific clients, and indeed for the whole business. This tool is designed to integrate seamlessly across various sales ecosystems and tech stacks, and provides targeted, IP-aware coaching and practice simulations of customer conversations, at multiple points of need.”
As part of the launch, Imparta will host a webinar on April 23rd and May 2nd, hosted by Richard Barkey, titled ‘Leveraging Sales Methodology-Aware AI at Scale in the Enterprise’. Click here to learn more.
During this webinar, Richard will announce details of i-Coach AI and Imparta’s upcoming course for sales teams: Leveraging AI for Sales. He will also set out a range of essential use cases that we are rolling out across Imparta’s agile sales ecosystem and across the tech stack.
About Imparta
Imparta is a global leader in performance improvement for Sales, CX and Leadership. Our modular ecosystem includes three elements, developed through 25 years of research and experience with leading global organisations: Agile Sales Methodology, Agile Change Process and AI Sales Technology.
Whether you need to plug a gap in your existing training, provide self-paced learning, or build an entire Sales, CX or Leadership Academy, get in touch at [email protected].
Website: www.imparta.com
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Contact details: Adam [email protected] Tel: +44 (0) 20 7610 8800
View original content:https://www.prnewswire.co.uk/news-releases/imparta-launches-worlds-first-sales-methodology-aware-ai-302123771.html
Artificial Intelligence
Innodisk Unveils Groundbreaking MIPI over Type-C Solution for Enhanced AI Vision Applications
TAIPEI, April 23, 2024 /PRNewswire/ — Innodisk, a leading global AI solution provider, announces the launch of its industry’s first MIPI over Type-C solution. This exclusive technology overcomes traditional MIPI cable lengths limitations, allowing embedded camera modules to be positioned farther from the system. This expands the possibilities for visual AI applications, particularly in smart manufacturing and smart cities, enabling the seamless integration of high-quality vision systems into these evolving environments.
The increasing popularity of vision-based applications across industries highlights the critical need for high-quality, reliable camera solutions. As computer vision becomes a cornerstone of AI development, the demand for industrial-grade cameras continues to surge. Innodisk recognizes this need and has developed the MIPI over Type-C Solution to address the challenges faced by vision system integrators and developers.
Innodisk’s MIPI over Type-C technology extends the connection distance to 2 meters or more, surpassing the previous 30 cm cable length limitation while maintaining high performance. It enables seamless conversion to a custom USB Type-C interface through a tailor-made adapter board and offers cost-effectiveness compared to SerDes solutions. Additionally, this solution boasts successful deployments on NVIDIA Jetson, Intel x86, and ARM platforms, with Innodisk actively investing in R&D to ensure ongoing compatibility across various platforms, accelerating the deployment of edge AI applications for clients.
Innodisk’s MIPI over Type-C camera module solutions are extensively used in various smart applications. They are revolutionizing industries like smart manufacturing, where AMRs and forklifts benefit from high-quality imaging and extended reach. Similarly, shared mobility applications such as shared bikes leverage these modules for enhanced safety and efficiency. By offering a combination of high bandwidth and longer range, Innodisk’s solution removes cable length limitations, unlocking a wave of new possibilities for smart applications.
Innodisk’s MIPI over Type-C solution marks a significant leap forward, building upon its diverse MIPI camera module portfolio and seamless platform integration. This includes compatibility with NVIDIA Jetson, Intel 12th to 13th Gen, Core Ultra processor, AMD Xilinx, and NXP. As the sole Intel-certified MIPI Camera partner in Taiwan, Innodisk collaborates closely with IPC manufacturers, possessing professional integration capabilities to offer comprehensive support and services to customers. The MIPI over Type-C Solution is poised to redefine the future of vision technology, offering performance, flexibility, and affordability.
For more information, please visit: http://www.innodisk.com
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View original content:https://www.prnewswire.co.uk/news-releases/innodisk-unveils-groundbreaking-mipi-over-type-c-solution-for-enhanced-ai-vision-applications-302123957.html
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