Latest news with #predictiveanalytics
Yahoo
a day ago
- Business
- Yahoo
Jim Cramer Defends Fair Isaac After 6% Dip Driven by Regulatory Headwinds
Fair Isaac Corporation (NYSE:FICO) is one of the stocks that Jim Cramer spoke about. Cramer mentioned that the stock's sell-off 'seemed wrong' to him, as he remarked: 'What the heck just happened to FICO, the predictive analytics and data science company, best known as the keeper of the FICO credit score. A company that we've liked for a very long time, we love their business model. Historically, this has been one of the best-performing stocks in the past 20 years, but lately it's come under attack by the new director of the Federal Housing Finance Agency, who's called FICO a monopoly. Photo by Adam Nowakowski on Unsplash Fair Isaac (NYSE:FICO) provides software and analytics tools that support automated decision-making across credit scoring, fraud detection, and customer management. While we acknowledge the potential of FICO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Entrepreneur
2 days ago
- Business
- Entrepreneur
Ranbir Kapoor Invests in Prozo to Boost Supply Chain Innovation
The supply chain platform plans to expand into new cities, enhance automation and predictive analytics, and develop tailored solutions for MSMEs and quick commerce players. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Actor and entrepreneur Ranbir Kapoor has invested in Prozo, a tech-enabled full-stack supply chain platform that serves some of India's fastest-growing brands. Known for his involvement in ventures such as ARKS and Mumbai City FC, Kapoor's latest move underscores the rising significance of scalable backend infrastructure in the consumer economy. Prozo integrates warehousing, freight, and fulfillment under one technology-driven system. With tools like ProWMS, ProShip, and its proprietary Control Tower, the platform offers real-time visibility and SLA-driven operations across B2B, D2C, and marketplace channels. "Every brand today needs speed, consistency and adaptability," Kapoor said. "Prozo's systems give brands that edge. I've seen how great execution builds trust—and Prozo is enabling that behind the scenes." Founded by Dr Ashvini Jakhar, a former Naval doctor and McKinsey consultant, Prozo has built a nationwide network of 42 tech-enabled warehouses covering 2.2 million square feet and serving more than 24,000 pin codes. The company currently works with over 150 brands, including The Minimalist, Neemans, Beardo, Snitch, and PhonePe, and has achieved an annual revenue run-rate of INR 250 crore. "Ranbir brings creative depth and strategic thinking," said Dr Jakhar. "His belief in reliable operations mirrors our ethos, and we're excited to build with his support." Prozo operates on a flexible, pay-per-use model, offering enterprise-grade capabilities such as its warehouse management system, transport management system, and real-time monitoring tools. These allow brands to maintain control and visibility over their supply chains across multiple sales channels. The company, which has raised USD 20 million from investors including Sixth Sense Ventures and JAFCO Asia, plans to expand into new cities, enhance automation and predictive analytics, and develop tailored solutions for MSMEs and quick commerce players. It is also focusing on strengthening its Same-Day and Next-Day Delivery capabilities to meet evolving consumer expectations.
Associated Press
2 days ago
- Health
- Associated Press
Waymark Signal Achieves 85% Accuracy in Predicting Medicaid Care Gaps, Study in npj Digital Medicine Shows
Peer-reviewed research demonstrates dramatic improvement in identifying and closing quality gaps for Medicaid patients, outperforming current methods by 35 percentage points SAN FRANCISCO, CALIFORNIA / ACCESS Newswire / August 4, 2025 / Healthcare organizations nationwide face a critical challenge: how to effectively deploy limited staff to close quality measure gaps among patients receiving Medicaid. With health plans facing financial penalties for poor quality performance and providers under value-based contracts unable to reach vulnerable patients through traditional methods, many resort to ineffective and untargeted mass outreach campaigns - helping fewer than 8% of eligible patients. A new peer-reviewed study from Waymark published in Nature's npj Digital Medicine offers a solution. Signal for Quality Improvement, the company's newest predictive analytics technology, identifies with 85% accuracy which Medicaid patients will benefit most from proactive community-based outreach-enabling care teams to prioritize and target patients who need additional support to close gaps in care and improve quality performance. 'Healthcare organizations know that community-based outreach works, but they've been unable to identify and prioritize who will benefit most from these limited resources,' said Dr. Sadiq Y. Patel, lead author of the study and Vice President of Data Science and Artificial Intelligence (AI) for Waymark. 'The challenge isn't just identifying patients with open gaps-it's distinguishing between those who will close gaps on their own versus those who need proactive outreach and support. By incorporating social determinants of health data alongside clinical factors, Signal for Quality Improvement enables care teams to more efficiently prioritize outreach to the patients who need it most.' The study analyzed data from over 14 million Medicaid beneficiaries across 25 states and Washington D.C.. Researchers found that Signal for Quality Improvement achieved 85% accuracy in predicting which patients would miss nine nationally adopted quality measures, as defined by the Healthcare Effectiveness Data and Information Set (HEDIS) developed by the National Committee for Quality Assurance (NCQA). Model simulations showed that using this predictive prioritization to guide outreach would result in a 35 percentage point improvement in helping patients close care gaps compared to traditional, non-predictive methods used by most healthcare organizations, such as alphabetical calling or birthday reminders. Signal for Quality Improvement is the latest addition to the company's proprietary Waymark SignalTM platform, which also includes Signal for Rising Risk. A 2024 peer-reviewed study published in Nature Scientific Reports demonstrated that Signal for Rising Risk predicts patients at risk for future avoidable emergency department (ED) and hospital visits with greater than 90% accuracy. Signal for Quality Improvement builds on this technology by enabling health plans and providers to identify which patients will most benefit from proactive outreach to close quality gaps and improve HEDIS performance. 'Healthcare organizations face significant financial penalties when quality metrics are poor, but current outreach methods are remarkably inefficient,' said Dr. Sanjay Basu, Co-founder and Head of Clinical at Waymark and senior author of the study. 'Signal for Quality Improvement represents a fundamental shift toward evidence-based patient outreach that can improve both health outcomes and resource allocation for the 80 million Americans covered by Medicaid.' The study found that incorporating social determinants of health data not only improved predictive accuracy, but also eliminated pre-existing racial disparities in prediction performance between Black and White patients across four quality measures. 'This paper addresses a persistent challenge in healthcare: efficiently reaching patients who need care most,' said Dr. Michael L. Barnett, study co-author and Professor at Brown School of Public Health. 'The combination of high predictive accuracy with a thoughtful approach that minimized racial bias offers a pathway toward more equitable healthcare delivery.' Waymark works with health plans and primary care providers to deliver community-based early interventions to patients receiving Medicaid. The company's local care teams use the Waymark Signal platform to identify and support patients who are at risk of avoidable ED and hospital visits or have open gaps in care. A 2024 peer-reviewed study published in NEJM Catalyst found that Waymark reduced all-cause hospital and ED visits by 22.5% for rising risk patients, and improved care quality by an average of 11.8 absolute percentage points across seven quality measures in its first year of service. The full article titled " Predicting Quality Measure Completion Among 14 Million Low-Income Patients Enrolled in Medicaid " was published in npj Digital Medicine, a peer-reviewed journal published by Nature. The authors were Sadiq Y. Patel MSW PhD of Waymark, Michael L. Barnett MD of Brown School of Public Health, and Sanjay Basu MD PhD of Waymark. About Waymark Waymark is a public benefit company dedicated to improving access and quality of care for people receiving Medicaid. We partner with health plans and primary care providers-including health systems, federally qualified health centers (FQHCs), and independent practices-to provide community-based care to people enrolled in Medicaid. Our local teams of community health workers, pharmacists, therapists and care coordinators use proprietary data science technologies to deliver early interventions to hard-to-reach patient populations. Waymark's peer-reviewed research has been published in leading journals including the New England Journal of Medicine (NEJM) Catalyst, Nature Scientific Reports, and Journal of the American Medical Association (JAMA)-demonstrating measurable improvements in health outcomes and cost savings for Medicaid populations. For more information, visit Contact Information Iman Rahim Communications [email protected] SOURCE: Waymark press release
Forbes
28-07-2025
- Business
- Forbes
The Digital Revolution: How Tech Is Transforming Spend Management
Todd Abner is founder, president and CEO of OMNIA Partners, a leading group purchasing org. in the U.S. serving public and private sectors. While once viewed as a back-office function, procurement has risen to become a top priority in the C-suite, due in part to economic volatility, supply chain disruptions and inflationary pressures. According to ProcureCon's Annual CPO Report, 60% of respondents say their Chief Procurement Officers (CPOs) will be one of multiple leaders spearheading technology initiatives over the next twelve months. This underlines the importance of today's CPOs becoming well-versed in leveraging technologies like AI, machine learning and predictive analytics to gain competitive advantages in the market. In my experience, this is especially true when it comes to improved spend visibility. The Challenges Of Spend Management Historically, a traditional approach to spend management has left many procurement teams struggling to monitor and manage their organization's spend. Here are some of the most common issues: Without a central hub to store information, data can become siloed, leaving visibility gaps for procurement teams responsible for managing the entirety of their organization's spend. As a result, they are left unable to understand total spend, category-specific spend and more. For example, a university may be experiencing maverick spending, also known as rogue spending, because individual departments are making purchases independently. Conducting and reviewing spend management manually can be time-consuming for procurement teams who are already under pressure to do more with less while navigating a talent shortage. Many procurement teams face an uphill battle when it comes to the staggering amounts of data they need to parse and the lack of a robust database to which they can compare themselves. When experiencing visibility gaps and battling through manual processes to better understand spend management, procurement teams often lack the time to drive their organization's strategic goals. Finding The Right Solution If you're a CPO preparing to upgrade your organization's spend management, here are three strategies to consider: Unifying procurement processes across all facets of an organization can help you close visibility gaps while enabling your procurement team to build a better-informed strategy. For instance, clear spending policies with automated controls and approval workflows can reduce maverick spending that might go unnoticed but accumulate quickly. Additionally, consider standardizing solutions such as product and service selection to eliminate rogue spending. This can help you ensure that rogue spending is managed by exception and process rather than by mainstream access. In my experience, technology, education and strong communication across an organization are important to a successful standardization strategy. Your procurement team should be prepared to tailor processes to each department's unique needs. For example, what works for an information technology team may not be the best process for a maintenance team. Be advised that this process can be time-consuming at the outset, while your team is crafting the policies, but it should be less so once they are established. With the right kind of procurement partner, such as a group purchasing organization (GPO), spend analysis can be done in a timely and budget-friendly way that gives procurement teams complete visibility into their organizational spend in real time. (Full Disclosure: My company offers these services, as do others.) Look for a procurement partner that can not only provide the tools to access sizable spend visibility data but can also help you analyze the insights needed to build a strategic action plan that is benchmarked against current trends and customers. I've found that this type of partnership can empower procurement leaders to rise above the day-to-day operational demands and focus on driving their organizations' broader strategic objectives. It is worth noting that if your organization has existing relationships with suppliers and feels strongly about maintaining its current network, this may negate the need to work with a GPO. Otherwise, you may have to utilize new suppliers based on the options your GPO provides. The emergence of new technologies is fundamentally altering how procurement teams process their organization's spend management. One of the biggest shifts is from reflective to prescriptive reporting. Instead of looking back on spend management data to determine what's already happened, you can now use AI to predict or alter future outcomes based on the insights you're extracting. I've observed a number of organizations that invested in the use of AI-powered systems, optimizing their sourcing strategies, diversifying their supplier network and mitigating concentration risks during tumultuous economic periods. As with all new products and processes, training is important to ensure that employees are up to date and comfortable using these new technologies. Without proper training, employees may struggle, leading to confusion and errors that ultimately create the opposite of the intended effect. To help with this, host regular trainings for your procurement team that include real scenarios that users navigate on a regular basis. Final Thoughts The digital revolution in spend management isn't around the corner; it's here. I believe spend management is going to continue evolving from a necessary back-office function to a strategic growth driver. By investing in today's emerging technology, you can help position your company to thrive in tomorrow's procurement environment. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
Entrepreneur
28-07-2025
- Business
- Entrepreneur
Presight and Abu Dhabi Police to Drive AI-Enabled Law Enforcement and Smart City Innovation
The partnership will accelerate the deployment of intelligent systems that enable proactive crime prevention, real-time threat detection, digital forensics, and predictive analytics. You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. Presight, an ADX-listed public company with Abu Dhabi-based G42 as its majority shareholder, has entered a strategic cooperation agreement with Abu Dhabi Police General Headquarters (GHQ) to develop cutting-edge artificial intelligence technologies for law enforcement. The collaboration aims to integrate the capabilities of Presight's AI-Policing Suite – a modular, future-ready solution that leverages Generative AI, AI agents, and advanced data analytics – with Abu Dhabi Police's operational excellence to address modern challenges in policing and smart city development. The partnership will accelerate the deployment of intelligent systems that enable proactive crime prevention, real-time threat detection, digital forensics, and predictive analytics. Attending the ceremony were His Excellency Ahmed Saif bin Zaitoon AlMheiri, Commander-General of Abu Dhabi Police, His Excellency Mansoor Al Mansoori, Member of the Abu Dhabi Executive Council, Chairman of the Department of Health - Abu Dhabi, and Vice Chairman of Presight; Thomas Pramotedham, CEO of Presight; and Dr Adel Al Sharji, COO of Presight, and Mohammed AlMheiri, Chief Business Officer - Public Safety & Security. Major General/Engineer Nasir Sultan Al-Yabhouni, Director of the Leadership Affairs Sector at Abu Dhabi Police, said, "Our partnership with Presight helps us benefit from world-leading artificial intelligence technologies that will enhance our policing capabilities and take them to new heights. This collaboration supports our efforts to maintain public safety through innovation, which means strengthening our officers' ability to respond faster, make smarter decisions, and make Abu Dhabi a safer and more secure place." Mohammed AlMheiri, Chief Business Officer - Public Safety & Security, Presight, said, "This strategic agreement marks a pivotal moment in the evolution of AI-driven public safety. Presight, together with Abu Dhabi Police, are enabling a new era of proactive, data-driven law enforcement, which will drive a shift towards applied intelligence-led policing defined by enhancements in decision-making and operational agility. Our platform's intelligent digital investigator, real-time threat detection, and predictive analytics capabilities empower officers to anticipate and respond to challenges with unprecedented speed and precision. Together, we are shaping a future where cities are not only smarter, but fundamentally safer." This strategic alliance supports the transformation of public safety infrastructure, enabling enhanced decision-making and streamlined emergency response. The joint efforts will also explore innovative models to modernize law enforcement practices, emphasizing ethical AI usage and data-driven policing. The partnership is a significant step forward in realizing Abu Dhabi's vision of a future-ready, AI-enabled smart nation, reinforcing its position as a global leader in technology adoption and urban safety.
