Built for the Future
Pareto’s Data Management Platform contains patented technology related to the systems and methods for providing insurer risk data. We also utilize artificial intelligence and machine learning to improve our models and identify critical insights through our platform.
Across our numerous solutions, Pareto has analyzed more than 250 million encounters, demonstrating our robust experience and our ability to handle large amounts of data efficiently and effectively.
The Pareto platform is built to ingest data at scale and organize data effectively, with a core focus on how to make sense of a constantly expanding volume, velocity, and variety of data. With 14TB of data processed to-date, and more coming in every day, we are able to refine and update our solutions through machine learning based on new information collected.
By enabling the delivery of our analytical solutions, the Pareto platform has effectively identified over $2.5 billion in financial improvement opportunity for our 40+ clients.
Applying Responsible Analytics
In an age where the predictive analytics philosophy seems to be “more is better,” we say “not so fast.” Because the experience of our teams cast a wide net, and our understanding of the healthcare space runs deep, we have learned the importance of intention and precision when developing analytics in this industry. Simply put, we have found that more is not always better.
We are committed to continuous and speedy innovations by tapping into unexpected data sources and utilizing creative modeling techniques, but we make sure to take a measured and responsible approach to putting these innovations into practice. “Responsible Analytics” is the idea that the predictive algorithms with the greatest return for our clients are those that are thought through, carefully crafted, and appropriately applied.