Company Research Report: ClosedLoop

Company Overview

Name

ClosedLoop

Mission

ClosedLoop aims to help healthcare organizations improve outcomes and reduce unnecessary costs with accurate, explainable, and actionable predictions of individual-level health risks.

Founding

Founded in 2017 by Andrew Eye and Dave DeCaprio.

Key People

Andrew Eye: Chief Executive Officer

Dave DeCaprio: Chief Technology Officer

Mark Reardon, MD: Chief Medical Officer

Scott Davis: Chief Commercial Officer

Megan Thornton: Chief People Officer

Carol McCall: Chief Health Analytics Officer

Doug Morgan: VP of Engineering

Vickie Rice: VP of Customer Success

Stacy McBride: Head of Revenue Operations

Jack Holloway: Director of Data Science

Headquarters

Austin, Texas

Number of Employees

51-200

Revenue

No information is available.

Known For

ClosedLoop is known for being the leading healthcare AI and data science platform. The company won the CMS AI Health Outcomes Challenge in 2021 and was named Best in KLAS for Healthcare AI three years in a row (2022-2024).

Products

Product Offerings

1. ClosedLoop Predict

A platform designed to predict future health needs and adverse events so healthcare organizations can deliver more effective treatments, diagnoses, and interventions.

Key Features:

Integration with public Social Determinants of Health (SDoH) data

Comprehensive library of easily modifiable templates for predictive models

Data science automation to reduce data preparation time

2. ACO-Predict

A free AI-powered risk stratification tool for Medicare ACOs.

Key Features:

Risk stratification using CMS’s Beneficiary Claims Data API

Turnkey deployment and high accuracy in predicting adverse health events

No IT integration required for initial setup

3. ClosedLoop Evaluate

A SaaS solution to monitor and assess population health programs over time.

Key Features:

Continuous monitoring of key metrics and outcomes

Comprehensive impact and outcomes analyses

Integration with leading BI tools for enhanced insights

4. Healthcare Content Library

A comprehensive library of healthcare-specific predictive models, ML features, queries, and data transformation templates.

Key Features:

Rapid deployment and iteration of models

Prebuilt templates for typical healthcare use cases

Monthly updates and evidence-based feature templates

Recent Developments

Award-Winning AI Recognition: ClosedLoop has been named Best in KLAS for Healthcare AI for three consecutive years, 2022, 2023, and 2024.

Product Launches: Launched ACO-Predict and Evaluate to improve the real-world impact of healthcare programs.

Leadership Appointment: Appointment of Dr. Mark Reardon as Chief Medical Officer to guide the development of new Generative AI solutions.

New Products

ACO-Predict: Free AI-powered risk stratification tool for all Medicare ACOs.

Evaluate: SaaS solution for assessing and monitoring population health programs.

New Features

Enhanced Explainability: Added features to improve model explainability and transparency.

Expanded Data Integration: Supports a broader range of data types for enriched predictive analytics.

New Partnerships

No information is available.

Conclusion

ClosedLoop continues to lead healthcare AI innovations with a strong reputation for impactful data science solutions. Their recent product launches and leadership appointments illustrate ongoing commitment to improving healthcare outcomes through advanced AI technologies.

End of Report