Verras Transforms Healthcare with Measured Outcomes and Data and Now Calls for Partners to Join Its Next Phase
05/14/2025, Las Vegas, Nevada // PRODIGY: Feature Story //
To fuel its mission of redefining healthcare with a blend of expertise and data, Verras is seeking strategic partners, investors, and VCs, particularly from the AI industry, to come on board. Led by Dr. Dennis Patterson, the firm harnesses data to improve the services and value of healthcare by equipping clients with strategic tools tailored to measure resource consumption and clinical variation.
Essentially, Verras collaborates with mid- to large-sized hospitals to access their patients' clinical information, which is later analyzed to measure treatment and outcomes against patients' conditions. The benefits are far-reaching. By identifying the correct clinical pathway and assessing doctors' treatment, Verras can reduce lawsuit risks by eliminating suspicion of malpractice, consequently decreasing hospitals' costs. Meanwhile, patients benefit from the company's comparison of physicians' effectiveness, equipped with the insights to make informed decisions regarding their health.
The company is powered by five proprietary algorithms, each one addressing different aspects of healthcare. The Acuity Index Method™ (AIM), for instance, is Verras' system used to review the information of a patient from admission to discharge, based on their primary and secondary diagnosis, age, and sex. Patients are graded according to severity in five levels, with 1 being the least severe and 5 the most. A vital tool in assessing the adequacy of clinical documentation, AIM lays the foundation for additional services.
Central to the company's mission are Verras Sherlock™ and Verras Watson™. While the first one analyzes every procedure, medical prescription, and intervention, the latter focuses on when they took place. Together, Verras Sherlock and Verras Watson provide detailed analyses of each physician by severity adjustment (i.e., if a patient stayed longer than expected or utilized more resources) while offering enhancements to a hospital's clinical pathway by guiding teams to provide the most effective and affordable care possible.
Medical Value Index™ (MVI) and Physician Scorecard™ enrich this framework, optimizing consumption models and reducing variance even further. MVI provides a much-needed comparison of practicing physicians with a severity-adjusted scoreboard. The Physician Scorecard™ is based on four pillars, which, as Dr. Patterson noticed during his experience, can accurately determine competencies based on outcome and quality.
'Any patient admitted to a hospital should leave healthy with the least amount of intervention, as finding the right cure promptly is essential. Therefore, their hospitalization period is also taken into account,' explains Dr. Patterson. 'After discharge, we measure physicians on their readmission rates, increasing the scores of those whose patients don't have to return for more medical attention. The last pillar is the lowest cost, driven by the belief that healthcare shouldn't be a luxury but a basic human right.'
It's important to note that while Verras utilizes vast realms of confidential data, it never requires patients' personal information to be revealed. Gathered data compares interventions against patients' conditions, assessing the whats, whys, and hows of treatments. 'All we need to know is the patients' gender, age, and the concerns they wanted to address,' he adds. 'For better outcomes, we need better analytics, and that's the gap we aim to bridge.'
Since Dr. Patterson took charge of the business in 2007, he has utilized this data mostly within his private consulting services. Now, ready to bring its expertise and innovation to the broad market, Verras is seeking strategic partnerships with VCs, investors, like-minded organizations, and experts in the AI space. For AI professionals, being an early supporter may be particularly valuable, as adoption within healthcare is as diverse as it is necessary. 'We know that patients deserve better,' concludes Dr. Patterson. 'And in today's world, better begins with data.'
Media Contact
Name: Dr Dennis Patterson
Email: [email protected]
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
BreastScreen Australia Density Reporting Rule is a Critical Step for Women says Volpara Health, the Leader in AI-assisted Breast Density Measurement
Volpara software is used to assess the breast density of more than 1 million Australian womenannually WELLINGTON, New Zealand, June 2, 2025 /PRNewswire/ -- Volpara Health, a Lunit a company and global leader in software for the early detection of breast cancer, today applauded the significant advancement in breast health management with BreastScreen Australia's new position on breast density reporting. This new guidance recommends that all BreastScreen services in Australia provide breast density information to clients, enhancing awareness and understanding of this critical risk factor. A Step Toward More Accurate and Personalised Breast Cancer Screening Volpara's Scorecard software is utilised to measure the breast density of over 1 million women annually across Australia, including in BreastScreen Victoria and BreastScreen South Australia. This comprehensive, AI-driven approach supports physicians in making consistent, objective assessments, helping to ensure that breast cancer risk is more accurately evaluated for each patient. Volpara's volumetric breast density assessment software, including its proprietary Volpara® TruDensity™ AI algorithm, provides consistent and precise breast density measurements. Cleared by the Therapeutic Goods Administration (TGA), FDA, Health Canada, and CE-marked in Europe, this technology has been validated in more than 400 scientific articles and research abstracts, underscoring its reliability and accuracy. "We've been collaborating with leading clinicians and researchers worldwide for over a decade to make critical information about breast composition and its link to breast cancer more accessible," said Craig Hadfield, CEO, Volpara Health. "The new guidelines from BreastScreen Australia validate our focus on applying tech and AI advancements to breast density and are a significant step forward in enhancing the experience and understanding for women and their healthcare providers. We encourage women to contact their local healthcare provider and ask how they assess breast density." Understanding Breast Density: A Critical Risk Factor Breast density is an important factor in both breast cancer detection and risk assessment. It has been linked to an increased risk of developing breast cancer, while also making it more challenging to detect cancer through mammography. In Australia, approximately 40% of women have dense breasts, including 12% with extremely dense breasts. As breast density increases, the accuracy of mammography decreases. Research published in Radiology reveals that mammography can miss up to 50% of cancers in women with the densest breast tissue. Since both dense breast tissue and tumours appear white on a mammogram, cancers are often concealed, potentially delaying diagnosis. Studies confirm that early detection rates improve significantly when women with very dense breasts receive additional imaging, such as ultrasound or MRI, as part of their regular screening regimen. The Path Forward: Embracing Personalised Screening Breast density information is also integrated into several risk models, which helps identify women at higher risk of breast cancer who may benefit from supplemental screening. Volpara Scorecard is the only commercial automated software validated for use in both the Tyrer-Cuzick 8 and CanRisk (BOADICEA) riskmodels, providing consistent and robust breast density measurements. With this new guidance, Volpara is poised to play an essential role in supporting risk assessment and personalised screening in Australia, further advancing the goal of improving outcomes for women. The importance of personalised screening has also been recognised by other Australian health bodies, with Medicare recently introducing reimbursement for high-risk breast MRI screening based on Tyrer-Cuzick 8 or CanRisk risk assessment. This marks a growing recognition of the need for tailored breast cancer screening strategies that consider individual risk factors, including breast density. About Volpara Health Volpara Health is on a mission to save families from cancer with AI-powered software that helps healthcare providers better understand cancer risk, guide personalized care decisions, and recommend additional imaging and interventions. Used in over 3,500 facilities by more than 9,500 technologists worldwide. Volpara's software impacts nearly 18M patients, supports over 3.6M annual cancer risk assessments, and integrates seamlessly with electronic health records and imaging systems. Volpara helps radiologists quantify dense breast tissue with precision and technologists produce mammograms with optimal positioning, compression, and dose. Volpara software also streamlines operations to ease compliance and accreditation. Volpara, a Lunit company, is headquartered in Wellington, New Zealand, and has an office in Seattle. Volpara is the trusted partner of leading healthcare institutions globally. For more information, visit Logo - View original content: SOURCE Volpara Health Error in retrieving data Sign in to access your portfolio Error in retrieving data
Business Upturn
5 hours ago
- Business Upturn
OWNx Honors U.S. Military with Free Access to Wholesale Gold, Silver, and Platinum
Lawrence, KS , June 01, 2025 (GLOBE NEWSWIRE) — In a bold extension of its mission to make precious metals more accessible to everyone, OWNx today announced an exclusive new initiative: all active-duty military personnel and U.S. military veterans are now eligible to receive the OWNx EDGE™ Membership completely free, gaining access to gold, silver, and platinum at wholesale cost with zero transaction or membership fees. OWNx This unprecedented offer reinforces OWNx's commitment to financial empowerment through transparency, trust, and innovation—values deeply aligned with those of the military community. 'We believe that those who serve our country deserve every opportunity to build and protect their wealth with confidence and integrity,' said Josh McCleary, Co-Founder and COO of OWNx. 'Offering EDGE membership at no cost is our way of saying thank you and ensuring that service members and veterans can access precious metals without unnecessary fees or barriers.' Industry-First Access—Now Free for Military and Veterans The OWNx EDGE™ membership—launched in April 2025—remains the first and only program of its kind in the precious metals industry. Investors typically pay $14.99 monthly or $149 annually for EDGE access. It allows members to buy fractional or whole ounces of physical gold, silver, and platinum at cost, without retail markups or hidden spreads that can range from 5-25% above spot price at traditional dealers. For the military and veteran community, this program is now entirely free for life, with no monthly charges, no commissions, and no administrative fees. Real Investment Impact for Those Who Served The savings from eliminating both membership fees and markups are substantial for military families building wealth. A $25,000 investment in gold with traditional dealers could incur $875 to $2,500 in hidden fees and markups. With free OWNx EDGE for military members, service members and veterans pay nothing beyond the actual cost of the metals, allowing them to put up to $2,400 more into actual precious metals compared to alternatives. Eligible military members and veterans gain: Access to wholesale pricing on gold, silver, and platinum with zero markup No membership fees, account fees, or transaction fees—ever. There is just a small one-time fee of $5 to cover the cost of military verification. Fractional ownership access to low-premium large bars without minimum purchase requirements Secure, insured storage in non-bank depositories in Delaware or Texas at just 0.6% per year (0.5% for IRA holdings) Easy, automated savings tools to build metal holdings over time User-friendly platform with seamless online dashboard and mobile app Full ownership of allocated metals with optional physical delivery (additional shipping costs apply) IRA integration available with OWNx Precious Metals IRA OWNx Built on Trust. Delivered with Purpose. OWNx has long been recognized for its commitment to transparency, client protection, and simplicity—offering a secure way for individuals to diversify into precious metals without hype, pressure, or opaque pricing models. Now, with this new initiative, OWNx further expands its reach to those who have served and sacrificed for the nation. The enrollment process is straightforward: military personnel and veterans can verify their service status at using standard military documentation (DD-214 for veterans, military ID for active duty) to claim their free lifetime EDGE membership. 'With this offer, we're not just waiving fees—we're opening the door to a stronger, fairer financial future,' added McCleary. 'We're honored to support the military community with the tools and transparency they deserve, giving them access to the same institutional pricing that was previously available only to bulk purchasers.' About OWNx Founded in 2008, OWNx is a pioneering platform in the precious metals market, offering secure and innovative solutions for those looking to invest in gold, silver, and platinum. With a focus on technology-driven solutions, OWNx has transformed how individuals access precious metals by providing automatic purchase options, secure storage, and instant trading capabilities, empowering people to diversify their portfolios with confidence. The company's OWNx Precious Metals IRA allows investors to include physical precious metals in their retirement planning while enjoying the benefits of EDGE membership. For more information about us, check out OWNx reviews or Military personnel and veterans can learn more about the free EDGE membership offer at ### Contact Information Josh McClearyCo-Founder and COO [email protected] Lawrence, Kansas
Yahoo
8 hours ago
- Yahoo
OWNx Honors U.S. Military with Free Access to Wholesale Gold, Silver, and Platinum
Company Honors Service Members by Eliminating All Costs for Accessing Gold, Silver, and Platinum at Wholesale Pricing OWNx Honors U.S. Military with Free Access to Wholesale Gold, Silver, and Platinum Lawrence, KS , June 01, 2025 (GLOBE NEWSWIRE) -- In a bold extension of its mission to make precious metals more accessible to everyone, OWNx today announced an exclusive new initiative: all active-duty military personnel and U.S. military veterans are now eligible to receive the OWNx EDGE™ Membership completely free, gaining access to gold, silver, and platinum at wholesale cost with zero transaction or membership fees. OWNx This unprecedented offer reinforces OWNx's commitment to financial empowerment through transparency, trust, and innovation—values deeply aligned with those of the military community. "We believe that those who serve our country deserve every opportunity to build and protect their wealth with confidence and integrity," said Josh McCleary, Co-Founder and COO of OWNx. "Offering EDGE membership at no cost is our way of saying thank you and ensuring that service members and veterans can access precious metals without unnecessary fees or barriers." Industry-First Access—Now Free for Military and Veterans The OWNx EDGE™ membership—launched in April 2025—remains the first and only program of its kind in the precious metals industry. Investors typically pay $14.99 monthly or $149 annually for EDGE access. It allows members to buy fractional or whole ounces of physical gold, silver, and platinum at cost, without retail markups or hidden spreads that can range from 5-25% above spot price at traditional dealers. For the military and veteran community, this program is now entirely free for life, with no monthly charges, no commissions, and no administrative fees. Real Investment Impact for Those Who Served The savings from eliminating both membership fees and markups are substantial for military families building wealth. A $25,000 investment in gold with traditional dealers could incur $875 to $2,500 in hidden fees and markups. With free OWNx EDGE for military members, service members and veterans pay nothing beyond the actual cost of the metals, allowing them to put up to $2,400 more into actual precious metals compared to alternatives. Eligible military members and veterans gain: Access to wholesale pricing on gold, silver, and platinum with zero markup No membership fees, account fees, or transaction fees—ever. There is just a small one-time fee of $5 to cover the cost of military verification. Fractional ownership access to low-premium large bars without minimum purchase requirements Secure, insured storage in non-bank depositories in Delaware or Texas at just 0.6% per year (0.5% for IRA holdings) Easy, automated savings tools to build metal holdings over time User-friendly platform with seamless online dashboard and mobile app Full ownership of allocated metals with optional physical delivery (additional shipping costs apply) IRA integration available with OWNx Precious Metals IRA OWNx Built on Trust. Delivered with Purpose. OWNx has long been recognized for its commitment to transparency, client protection, and simplicity—offering a secure way for individuals to diversify into precious metals without hype, pressure, or opaque pricing models. Now, with this new initiative, OWNx further expands its reach to those who have served and sacrificed for the nation. The enrollment process is straightforward: military personnel and veterans can verify their service status at using standard military documentation (DD-214 for veterans, military ID for active duty) to claim their free lifetime EDGE membership. "With this offer, we're not just waiving fees—we're opening the door to a stronger, fairer financial future," added McCleary. "We're honored to support the military community with the tools and transparency they deserve, giving them access to the same institutional pricing that was previously available only to bulk purchasers." About OWNx Founded in 2008, OWNx is a pioneering platform in the precious metals market, offering secure and innovative solutions for those looking to invest in gold, silver, and platinum. With a focus on technology-driven solutions, OWNx has transformed how individuals access precious metals by providing automatic purchase options, secure storage, and instant trading capabilities, empowering people to diversify their portfolios with confidence. The company's OWNx Precious Metals IRA allows investors to include physical precious metals in their retirement planning while enjoying the benefits of EDGE membership. For more information about us, check out OWNx reviews or Military personnel and veterans can learn more about the free EDGE membership offer at ### Contact Information Josh McCleary Co-Founder and COO service@ Lawrence, Kansas newsroom: Attachment OWNx Honors U.S. Military with Free Access to Wholesale Gold, Silver, and Platinum
