Developing Growth Strategies for Health-Tech Startup
Ace Consulting works with Droice Labs
Droice Labs, a promising New York based startup uses algorithms in machine learning, natural language processing to help hospitals leverage data to improve patient outcomes, reduce healthcare provider costs and promote value-based care.
Conducted secondary research of US Healthcare and Telemedicine industries, and interviewed physicians and CMO's at healthcare providers & insurance companies.
Procured data on hospital rating metrics (eg. readmission rate, patient length of stay, mortality rate) from CMS & Hospital Compare, to create a hospital selection model for DL's pilot initiatives. Defined analytical requirements of patient data viz. medical records, Medicare data etc. to build a risk adjustment model. Researched extensively on Veterans Affairs health initiatives & their analytics partnerships.
Duration of project: 9 months
Tools involved: Excel, R
Personal contribution & skills: Marketing Research, Data Analysis