Gradient AI Acquires Healthcare Analytics Business Unit from Prognos Health to Expand Medical Underwriting Offering
Summary
PHOENIX--(BUSINESS WIRE)--Self Insurance Institute of America (SIIA) conference -October 10, 2022- Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced that it has acquired Prognos Health’s analytics business underwriting unit to leverage data from the company’s large collection of integrated medical records and lab data via its real-world data marketplace. Insurers will benefit by having further insight into group members health for more informed risk assessment and improved underwriting accuracy. Our combined solution will provide a holistic picture of group health risk that has never before been possible,” said Stan Smith, CEO and founder, Gradient AI. “Insurers will now have a single point of access to multiple data sources, covering medical, prescription and lab data improving their abilities to project group health assessments and costs with much greater confidence.” Gradient AI aspires to continue its innovation in assessing group health risks. It also incorporates numerous other features including economic, health, geographic and demographic information.
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