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MEDai Wins Coveted KDD Cup Competition
– Orlando Technology Firm Places First in the World of Predictive Modeling –
Orlando, FL (August 4, 2003) – MEDai, an Orlando-based firm, that assists healthcare
organizations in improving care by identifying high-risk patients, announced today that it has
won the prestigious KDD Cup 2003. It’s an important victory for the company, which applies
predictive modeling techniques to advancing healthcare delivery and improving patient
outcomes. The Association for Computing Machinery’s Knowledge Discovery and Data Mining
(ACM KDD) officially presented MEDai with the award on Sunday, August 24, at the KDD
Conference in Washington, D.C.
The KDD Cup is the most rigorous competition in the field of predictive technology and data
mining. The competition is open to all industries and hundreds of individuals from around the
world participated. MEDai took home the first place honors this year after consistently placing
among the top four in each of the past three years.
“In the field of predictive modeling and data mining, winning the coveted KDD Cup is
comparable to winning the Pulitzer Prize,” explains Steve Epstein, president and co-founder of
MEDai. “It’s a testament to the hard work of everyone on the team – not only during the
competition, but in the many years it took to create our one-of-a-kind predictive system.”
While sophisticated modeling techniques are routinely used to forecast everything from
consumer demand to the weather, their use in health care is relatively new. Increasingly,
providers and health plans are using predictive models for early identification of high-risk
patients in order to offer timely interventions, improve quality of life and manage medical costs.
As an indicator of this trend, Blue Cross and Blue Shield Association recently selected MEDai
as a national partner for predictive modeling services for participating BCBSA licensed
companies (“Blue Plans”).
About MEDai
MEDai, Inc., is a leading information technology company that uses the latest tools in artificial
intelligence to assist healthcare providers and payors in the measurement of quality, efficiency,
disease severity and outcomes with unparalleled predictability. The company is privately owned
and headquartered in Orlando, Florida. More information about MEDai can be found at
http://www.medai.com.
For More Information Contact:
Swati Abbott,
VP, Business Development
MEDai, Inc.
800-446-3324 |