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Length of Stay in Hospital: How to Predict the Duration of Inpatient Treatment

Altexsoft

Healthcare facilities and insurance companies would give a lot to know the answer for each new admission. Today, we can employ AI technologies to predict the date of discharge. This article describes how data and machine learning help control the length of stay — for the benefit of patients and medical organizations. days in 1960 to just 5.4

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Natural Language Processing in Healthcare: Using Text Analysis for Medical Documentation and Decision-Making

Altexsoft

This structure allows physicians and other software systems easily locate needed data, share it, and analyze it, basically — make use of it. “AI is technology’s most important priority, and health care is its most urgent application,” said Microsoft’s CEO Satya Nadella announcing the company’s new acquisition. Nuance, acquired for $19.7

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Process Mining Explained: Techniques, Applications, and Challenges

Altexsoft

Process mining is a set of techniques for the analysis of operational processes based on event logs extracted from company’s databases, information systems, or business management software such as enterprise resource planning (ERP), customer relationship management (CRM), electronic health records (EHR), etc. What is process mining?

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How Financial Services and Insurance Streamline AI Initiatives with a Hybrid Data Platform

Cloudera

With AI, financial institutions and insurance companies now have the ability to automate or augment complex decision-making processes, deliver highly personalized client experiences, create individualized customer education materials, and match the appropriate financial and investment products to each customer’s needs.

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Automated Claims Processing: Using RPA and Machine Learning to Manage Insurance Claims

Altexsoft

The insurance industry is notoriously bad at customer experience. In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. To compete, insurance companies revolutionize the industry using AI, IoT, and big data. Not in China though. Why automate claims?

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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

A visitor, with an opened Amazon Go app, scans a QR code on a turnstile to enter a store (like at an airport to get on board) and picks up what they need. In-store cameras and sensors detect each product one takes from a shelf, and items are being added to a virtual cart while a customer proceeds. Source: Forrester Consulting.

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Friction

LeanEssays

Uber set out to remove the friction from taking a taxi by reimagining the entire experience, from hailing to routing to paying; from drivers and cars to insurance and regulations. One third of the fuel that goes into a car is spent overcoming friction. By comparison, an electric car loses half as much energy - one sixth - to friction.