The partnership’s initial effort will be a hosted service leveraging Life2’s Artificial Intelligence Engine to benefit health systems in the United States.
Wesley C. Duesenberg, Jr., Chief Executive Officer at SIU, commented: “For over 50 years, SIU has underwritten a broad scope of risks ranging from the simplest property risks to highly sophisticated self insured programs. Throughout our history, innovative technology has always been a hallmark and Life2’s artificial intelligence fits perfectly with SIU’s progressive track record. Our first initiative is to help hospitals and health systems leverage their investments in insurance captives. While our initial focus will be in the United States market, the international insurance market will be an exciting and logical progression. The SIU team is confident and excited about what this partnership can deliver.”
Life2’s Artificial Intelligence Engine provides hospitals empirical evidence of which clinical and procedural actions are most effective. It utilizes artificial intelligence, deep machine learning, cognitive augmentation and expert guidance to deliver real time patient based risk stratification, causality analysis and empirical intervention selection. An Evidence Engine powers an automated Machine Learning Feedback Loop that compiles the outcomes and measures the effectiveness of each action. This results in real time “course correction”, helping hospitals and clinicians optimize patient outcomes as well as quality and financial performance while reducing risk.
