The 10 Most Innovative Companies Bringing AI to Healthcare The 10 Most Innovative Companies Bringing AI to He | Page 40

Hindsait
Aiding Healthcare Get Better with AI
Pinaki Dasgupta
Founder & CEO
T
here is a ‘perfect storm’
brewing in the US Healthcare
Industry, which is crying out
loud for innovative solutions to bend
the cost curve and improve the quality
of care. There are three distinct
elements in the ‘perfect storm’
metaphor in US healthcare; rising cost
of healthcare -$3.2 Trillion in 2017 or
16.9% of GDP, the changing business
model from Fee for Service (FFS) to
Capitated payment model or Value
based Care, and Digitalization of US
Healthcare- as initiated by Hitech Act
in 2009.
Founding members of team Hindsait
Inc. saw this ‘Perfect Storm’ scenario
both as a huge challenge yet an
once-in-a-lifetime opportunity to
innovate and transform healthcare to
make a huge societal impact, which
was the guiding motivation for
team-Hindsait to come together and
transform US Healthcare system for
good.
Hindsait is a Delaware incorporated
C-Corp. The company’s Artificial
Intelligence platform enables payers
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and benefit managers to
improve quality of care
and reduce unnecessary
health services, human
errors, biases, wastages,
and frauds.
Hindsait’s brilliance starts with its
ability to ingest and translate
physicians’ “unstructured free text” in
patient charts within a context of
clinical guidelines and regulatory
requirements. These inputs drive
machine learning and predictive
analytics in Hindsait’s SaaS Platform
that evaluate, score, and flag patient
charts for specific actions like ‘Medical
Necessity Determinations’ during
pre-service as well post service
reviews and audits.
The company has pioneered the
application of an AI enabled utilization
management solution that has been
tested and proven with ~5 years of
experience covering 20+ Million
commercial, exchange, Medicare and
Medicaid health-plan lives across
USA. Its achievement is wide spread
and speaks profoundly of the
company’s success.
The Visionary Guardian of Hindsait
Hindsait was established under a
visionary entrepreneur, Pinaki
Dasgupta, who currently serves as the
CEO. His is a passionate advocate,
with a vision to transform healthcare,
by the way of Artificial Intelligence
(AI) technology. A former Accenture
Partner, Pinaki had founded Hindsait in
2013 to prevent unnecessary health
services, errors, frauds, wastages, and
abuses in US Healthcare systems.
Since 2013, under Pinaki’s leadership,
the company’s AI technology has been
adopted by leading Fortune 500
healthcare organizations and has drawn
strategic investments from GuideWell
Innovation/Florida Blue Cross and
Blue Shields and the firm has also
received multiple accolades and
recognitions from the leading analysts,
including prestigious Gartner’s “Cool
vendor in AI in Healthcare 2017” and
“Top 10 Artificial Intelligence Solution
Provider 2018” by Healthcare Tech
Outlook, among others.
“We are on a mission to transform US
Healthcare system by eliminating
unnecessary health services, errors,
frauds, wastages, and abuses, by
harnessing the power of Artificial
Intelligence (AI) technology,” asserts
Dasgupta.
The team at Hindsait is a group of
highly talented multi-disciplinary
personnel consisting of Data Scientists,
Physicians, Clinicians, Business
DECEMBER 2018