Improving health outcomes with data and AI - Dave DeCaprio, ClosedLoop.ai

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Forward

Dawn

36 episodes

3 days ago

On Forward we talk with founders transforming industries and solving the world's biggest challenges and people who help them on their journey. Video versions of recent episodes: https://www.youtube.com/@forwardbydawn

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Improving health outcomes with data and AI - Dave DeCaprio, ClosedLoop.ai

Forward

1 hour 10 minutes 19 seconds

2 years ago

Improving health outcomes with data and AI - Dave DeCaprio, ClosedLoop.ai

We sat down with Dave DeCaprio to talk about predicting preventive interventions in healthcare, designing for explainability, bias and fairness, as well as building a domain-specific language to operate the platform, working on the human genome project and the forthcoming healthcare data revolution.

Dave is the CTO & Co-founder at ClosedLoop.ai. Purpose-built for healthcare, ClosedLoop is a data science platform built specifically and exclusively for healthcare that combines an intuitive automated machine learning platform with a comprehensive library of healthcare-specific features and model templates. Customers use ClosedLoop's Explainable AI to drive clinical excellence, operational efficiency, value-based contracts, and enhanced revenue.

Example applications include predicting unplanned hospital admissions, recommending palliative care, predicting total utilization/cost, preventing ED over-utilization, reducing out-of-network utilization, avoiding appointment no-shows, predicting chronic disease onset or progression, improving clinical documentation and reimbursement, and dozens more.

ClosedLoop raised $50M and is backed by Greycroft, .406, and Telstra Ventures among others.

Timestamps:

0:00 - Healthcare Data Science Platform

05:58 - Population health and other use cases powered by ClosedLoop

13:35 - Value-based care in the US

19:40 - AI systems powering ClosedLoop

28:20 - Designing for explainability

35:15 - Approaching bias and fairness

40:20 - Starting ClosedLopp

49:52 - How to think about your company mission and the team you bring in

53:17 - Convincing first customers and getting access to data, fundraising

1:00:54 - Winning an AI Health outcome challenge - the largest AI health competition ever sponsored

1:05:52 - Healthcare data revolution

Links:

Web: https://www.closedloop.ai/

Linkedin: https://www.linkedin.com/company/closedloop-ai/

Twitter: https://twitter.com/closedloopai

Health Outcomes Challenge: https://www.cms.gov/newsroom/press-releases/cms-selects-winner-and-runner-artificial-intelligence-health-outcomes-challenge

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