PARTNERSHIP WITH WORLDQUANT PREDICTIVE AIMS TO IMPROVE HEALTHCARE OUTCOMES
Mobile, Ala. (January 14, 2020) – Evident, a member of the CPSI (NASDAQ: CPSI) family of companies, today announced that parent company CPSI, a community healthcare solutions company and WorldQuant Predictive, a predictive analytics firm, have entered into an innovative partnership that will use advanced technology, including machine learning and artificial intelligence, to derive meaningful insights from real-world clinical evidence to improve healthcare outcomes for patients.
Through this collaboration, CPSI and WorldQuant Predictive will seek to positively affect community healthcare, which could accelerate precision medicine, increase efficiency in the delivery of healthcare services and reduce overall healthcare costs. In addition, they will aim to develop models to improve decision support and benchmarks that could uncover and drive industry best practices for the community healthcare setting.
Boyd Douglas, president and chief executive officer of CPSI said, “As a partner and advocate of community healthcare for more than 40 years, we understand the challenges our providers and healthcare leaders face every day. We believe this collaboration will uncover key learnings that are meaningful to the community healthcare industry. Our objectives are centered around positively affecting patient outcomes and the overall health of the communities we serve.”
“The healthcare industry remains heavily fragmented, and the faster we can establish a collaborative approach to data sharing and advanced analytics, the greater the benefits will be for society,” said James Golden, chief executive officer of WorldQuant Predictive. ”Access to real-world data is a critical piece of the puzzle necessary to solve the greater healthcare challenges we face today.”
Evident, a member of the CPSI family of companies, recognizes the challenges hospitals and other healthcare providers face – the need for simplicity, cost containment and delivery of a quality healthcare experience for patients and physicians alike. Our integrated software solutions are backed by a proactive support approach making us the partner of choice for hundreds of healthcare organizations. For more information visit evidenthealth.ca
About WorldQuant Predictive
WorldQuant Predictive is a predictive analytics firm that leverages advanced technologies, including machine learning and artificial intelligence, to create unique quantitative solutions for organizations across industries. WorldQuant Predictive’s platform enables data-driven decisions at scale, which are powered by a combination of quantitative talent and proprietary technology. WorldQuant Predictive is a separate entity from WorldQuant, LLC, a global quantitative asset management firm. For more information, visit https://wqpredictive.com/.
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WorldQuant Predictive Danielle Collins