Professional Project Services Inc., or Pro2Serve, and Covenant Health have formed VortexT Analytics Inc., a strategic partnership that will address the rapidly evolving field of big data analytics in health care, a press release said.
The joint venture will use VortexT, a data analytics software based on algorithms originally developed and patented by Oak Ridge National Laboratory and licensed and further advanced by Pro2Serve. VortexT is currently being used in critical national security applications and is producing valuable data, the press release said.
Barry Goss, founder and chief executive officer of Pro2Serve, calls VortexT “a disruptive big data analytics technology that is proven, sustainable, and ready to be introduced into commercial markets, starting with healthcare.
“VortexT analyzes more data in less time and at less cost, and produces more valuable information than other big data analytics technologies,” Goss said. “We also hold field-of-use licenses for applying the technology to the insurance, financial services, and legal services industries.” [Read more…]