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New firm will provide software and analytic solutions for Big Health data challenges.
October 6, 2016
By: Business Wire
Vizient Inc. has formed Ediom LLC, a cognitive computing and data science company solely focused on the needs of the healthcare industry. Vizient formed this new company with Anita Pramoda, founder of Owned Outcomes Inc. and former chief financial officer at Epic Systems. Ediom will utilize its proprietary cognitive computing platform to provide software and analytic solutions for Big Health data challenges across the provider, supplier, and payor end markets. “The health care industry is creating data at an unprecedented rate, yet there is a need by all health care stakeholders to personalize that data,” said Pramoda, co-founder and CEO of Ediom. “Providers treat one patient at a time and we must do the same by developing software solutions that can search through mountains of data and find what is uniquely impactful to each patient.” Vizient has begun to embed cognitive methods in its supply analytics solutions through enhanced supply chain data and clinical value analysis. Now, Ediom’s capabilities will further boost the company’s ability to analyze increasingly critical work closer to the point of care and to patients. “Our members are looking for ways to deliver targeted, personalized care to their patients, which means they need the ability to better harness the power of cognitive computing and advanced data science,” said Bharat Sundaram, Vizient president, analytics and advisory services. “Integrating Ediom’s capabilities into our analytics platforms will enable us to address these needs. This is a perfect complement to our existing data and analytics offerings and a natural progression of Vizient’s commitment to its membership.” Ediom’s technology is designed specifically to handle the complex challenges of Big Health data. Further, Ediom is building on a foundation of use cases and provider needs that span Vizient’s large and diverse membership. Vizient Inc., the largest member-driven health care performance improvement company in the United States, provides data-driven solutions, expertise and collaborative opportunities that lead to improved patient outcomes and lower costs. Vizient serves a diverse membership and customer base which includes academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks and non-acute health care providers and represents almost $100 billion in annual purchasing volume. The Vizient brand identity represents the integration of VHA Inc., University HealthSystem Consortium and Novation, which combined in 2015, as well as the recently acquired MedAssets’ Spend and Clinical Resource Management (SCM) segment, which includes Sg2. Vizient is based in Irving, Texas, with locations in Chicago, Ill., and other cities across the United States.
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