Hospital & Health Care - Nashville, Tennessee, United States
Faros Healthcare is now Raiven HealthcareRaiven helps answer the real question in healthcare – not WHO is at risk, but HOW best to treat them over time at the lowest cost. The Raiven real-time, predictive analytics platform delivers assisted decision making enhanced by artificial intelligence (AI). The algorithms in the Raiven platform not only identify patients at risk, but they also indicate the correct sequence of treatments or interventions for that specific patient at the most reasonable cost.The SaaS cloud-based technology links to an EHR or other population health tool, enabling use at the point of care. Since healthcare treatment is not linear and can be very complex, the algorithm learns over time and can aid providers in the navigation of patient treatment or intervention as necessary – a "GPS for Patient Care."The Raiven technology has been clinically proven using data from a national healthcare provider, demonstrating 40% better outcomes with a 60% reduction in cost (AI-predicted treatment vs. treatment-as-usual).Raiven is ideal for those engaged in risk-based contracts, including accountable care organizations (ACOs) and providers in gainsharing agreements. In particular, Raiven is focused on care beyond the clinic through case management, since monitoring and improving health for complex conditions such as mental health are always ongoing and necessary.
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