Machine learning and health care mean $6M for Predilytics
Sometimes, two things just go together, such as peanut butter and jelly or, in the case of Boston-based startup Predilytics, machine learning and health care. The company announced on Tuesday afternoon it has closed a $6 million Series A round with investment from Flybridge Capital Partners, Highland Capital Partners and Google Ventures. It's not the first application of big data to health care, and it certainly won't be the last, but it's application of machine learning to health care providers' administrative data might be unique. As we've reported before, health care is a major focus for big data companies and data scientists because there's so much data involved and the problems are so heavy. The right analytic tools could end up saving lives or saving billions of dollars in an industry where just about everyone agrees that costs are out of control.
Nov-16-2021, 16:26:42 GMT