Prism by Lumiata

Introducing Prism

Predictive analytics can give you valuable insights into your healthcare organization and patients, allowing you to improve care and outcomes and reduce costs. What’s even better is when this can be done quickly and with minimal patient data. Prism by Lumiata makes all of this possible.

What is Lumiata Prism?​

Prism is a revolutionary new deep learning approach to predict healthcare costs and clinical risk with game-changing speed, simplicity, and flexibility. It democratizes AI through a web-based, self-serve application that can produce results with as few as 50 patient records. Prism is a one-stop solution for almost any cost and disease prediction using claims data..

How Can Prism Help?

Powering Prism is one deep learning model built on 130M+ claims and EHR-based patient records. It can predict financial and clinical risk, including cost and 150+ diseases over precise timelines. With this powerful model plus Lumiata’s ability to customize predictions to your specific patient population, Prism creates a new chapter in the healthcare industry’s data-driven transformation journey.

Prism has three core differentiators that make it easier and faster to operationalize AI and transform back-office functions:

Speed

Customers receive near-instantaneous predictions (2-3 minutes instead of 3-4 weeks).

Ease of Use

Simply upload six columns of data: patient id, birthdate, gender, code type, code and date of service into the web-based application. That’s it.

Flexibility

Prism jointly predicts claims and cost for individual patients’ overall timelines simultaneously.

Prism’s deep learning approach includes the ability to generate numerous operational, clinical, and financial predictions at the same time using lower-level components (called embeddings), as well as the ability to adapt to predictive targets.
Book a call with our team to learn more.

Prism can help you transform your underwriting and care management efforts

Prism is designed to be a light-weight solution for predictive analytics needs. The design enables solutions for almost any healthcare use case:

Identify high-risk patients

Identity which patients need your help the most, why, and by when.

Understand current business risk

Get a ‘second opinion’. Predict cost and disease onset to understand where your current business is trending.

Accurately quote renewals

Quote your renewing business appropriately with advanced individual and group cost predictions. Understand the disease burden and factors driving price changes.

Quote new business

Limited data for new customers? Leverage our internal data assets to predict individual/group-level cost and disease burden.

Design targeted interventions

Build a prioritized target list of patients who will best respond to your intervention.

Embed within your current tool

Add predictive analytics into your existing BI tool, SaaS or Service business.

Benchmark your cost and care outcomes

Compare your cost and clinical outcomes against a representative population for benchmarking purposes.

Easy-to-use features and valuable benefits

Prism includes numerous helpful features that provide valuable benefits for users. For example, Prism takes a rapid, flexible, and user-friendly approach to risk prediction, making it easy to include predictive analytics into any existing workflow.