HIT Consultant May 1, 2024
What You Should Know:
– Cedar Gate Technologies (Cedar Gate), a leader in value-based care technology, announced today the potential for significant healthcare cost savings through early identification of at-risk patients.
– An analysis of their national Healthcare Benchmark Database, encompassing nearly 13 million member lives, revealed a staggering $1.4 billion in potential savings.
Machine Learning for Early Disease Detection
Cedar Gate’s platform leverages machine learning models to pinpoint individuals with a high risk of developing coronary artery disease (CAD) and congestive heart failure (CHF). This allows for earlier intervention, potentially preventing costly and debilitating events. According to a National Institutes of Health (NIH) study, patients with CAD experiencing a major cardiac event face an additional $44,495 in healthcare costs...