Turning Big Data into Action: Healogics & NLP Logix Forge Partnership to Better Predict Healing Outcomes for Patients Sufferi...
October 18 2016 - 1:56PM
Business Wire
Healogics, Inc. today announced a partnership with NLP Logix, an
advanced analytics and machine learning data product and services
company. The companies will work together to harness Healogics
large data sets to create a model that will predict outcomes and
develop treatment plans for patients suffering from chronic
wounds.
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More than 6.7 million1 people are living with chronic wounds and
approximately $50 billion2 a year is spent in the United States
(US) caring for these wounds. This is why Healogics has spent
several years developing its proprietary wound care database,
i-heal®, to track wound care patient data. The company has invested
approximately $15 million in the past four years to hone its data
collection and analysis so Healogics Wound Care Centers® can
provide high quality, efficient care.
One output of this investment was the creation of an enterprise
data warehouse with details on more than two million wounds. This
warehouse led to an advanced analytics database with additional
in-depth longitudinal clinical information which will support
ongoing wound science research.
“Our investment in a robust data infrastructure and new
partnership with NLP Logix are evidence of our commitment to
furthering the science of wound care so we can fulfill our mission
of healing as many patients as possible, by the best means
available, everywhere we can,” said Healogics CEO Jeff Nelson.
“The combination of a national disease-specific dataset within a
captive care setting, in this case Healogics Wound Care Centers,
and an algorithmically-driven treatment strategy is unique in the
American healthcare setting,” explained Dr. Donald Scott Covington,
FACS, CHWS, Healogics chief medical officer during the Wound Care
Big Data Summit hosted by the company at the National Institutes of
Health last year in Bethesda, Md.
This new partnership positions Healogics as the clear leader in
leveraging large data sets to develop models and tools that can
help predict how a patient will progress through the wound healing
process. These evolving tools will inform treatment decisions that
will help to maximize outcomes and minimize overall costs.
“The NLP Logix team is excited to partner with Healogics on this
important project. We believe the combination of the clinical data
sets from Healogics and our expertise in machine learning and
predictive analytics will deliver models and tools that will
ultimately benefit patients and the health care system,” commented
Ted Willich, NLP Logix CEO.
About Healogics
Headquartered in Jacksonville, Fla., Healogics is the nation’s
largest provider of advanced wound care services. Healogics and its
affiliated companies manage nearly 800 Wound Care Centers® in the
nation and saw approximately 285,000 new patients in 2015 through a
connected network of partner hospitals and Wound Care Centers,
academic medical centers, and other post-acute sites. Healogics
utilizes an evidence-based systematic approach to chronic wound
healing to treat an underserved and growing patient population. A
fund managed by Clayton, Dubilier & Rice, a private investment
firm, is the majority shareholder of Healogics. For more
information, please visit www.healogics.com.
About NLP Logix
NLP Logix is an advanced analytics and machine learning data
product and services company, which has grown from a vision in 2011
to one of the fastest growing teams of deep learning practitioners.
NLP Logix delivers its solutions through LogixStudio, the company’s
proprietary platform that gives a customer the ability to quickly
leverage the growing library of algorithms and deploy them into
their workflow. NLP Logix is delivering predictive modeling and
machine learning solutions to customers across a wide swath of
industries, including financial services, energy, healthcare,
government, human resources and others. NLP Logix was recently
recognized as the third fastest growing private company in
Northeast Florida by the Jacksonville Business Journal. For more
information, please visit www.nlplogix.com.
1 L.E.K. Consulting 2014 Market Analysis “Market Sizing and
Assessment of Outsourced Outpatient Wound Care”
2 WOUNDS 2012; 24(1): 10-17 Wound Care Outcomes and Associated
Cost Among Patients Treated in US Outpatient Wound Centers: Data
from the US Wound
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version on businesswire.com: http://www.businesswire.com/news/home/20161018006549/en/
HealogicsLaura Davis, 904-446-3738laura.davis@healogics.comorNLP
LogixTed Willich, 904-437-4040ted.willich@nlplogix.com