Company Overview
N1 Health is an innovative AI-driven healthcare company, formerly known as Algorex Health, dedicated to transforming complex healthcare challenges through applied artificial intelligence. Headquartered at 4 Liberty Square, 4th Floor, Boston, MA 02109, N1 Health can be reached via phone at (617) 410-4610 or email at info@n1health.com.
The company specializes in enhancing business performance for healthcare organizations by predicting effective interventions for individual health outcomes. Their platform integrates customer data with comprehensive consumer datasets and predictive models to offer over 2,500 insights per individual. This enhances precision in targeting outreach efforts and interventions, improving both individual and organizational health outcomes.
Key Achievements
- Financial Impact: N1 Health reports a 4x return in risk-adjusted revenue, generating an additional $3.4 million for clients.
- Technological Leadership: Their AI platform integrates technology from top providers like Amazon Web Services (AWS) to deliver fast, measurable results.
- Strategic Partnerships: Collaborations with healthcare providers and insurance companies enable swift operationalization of predictions into actionable insights, leading to measurable improvements.
Leadership Team
Seth Henry, the Chief Executive Officer, is pivotal for customer-focused outcomes at N1 Health. Based in Hanover, New Hampshire, his leadership has been central to the company's growth and innovation.
Jacob Goldstein Luria, as President and Co-Founder, directs strategic positioning and product development from Boston, MA. His contributions are crucial in leveraging data science to support value-based care, enhancing organizational and member outcomes through AI insights.
Fred Ronnau, Chief Operating Officer, based in Franklin Lakes, New Jersey, focuses on realizing business value through predictive analytics and AI solutions, playing a vital role in operationalizing AI initiatives efficiently.
Amy Hannon, the Human Resources Manager, is responsible for workforce management from Montpelier, Vermont, contributing to the company's comprehensive operations in the healthcare sector.
Technology and Services
N1 Health’s AI platform provides a comprehensive view of individual healthcare needs, drawing from vast data sources to predict and guide interventions. Having achieved 3.7 million closed-loop interventions over five years, N1 Health showcases significant effectiveness, particularly in population health and value-based care. Pre-built predictive models in their proprietary Model Index boost engagements and drive efficiencies, significantly impacting healthcare plans and performance.
Customer Success
N1 Health maintains a focus on collaborative client relationships, deploying expert teams to client locations to ensure the seamless implementation of data-driven insights. Their platform facilitates rapid transformation of predictions into actions, aligning meticulously with customer goals for swift and impactful outcomes.
Competitor Profiling for N1 Health
Overview
N1 Health operates in a competitive landscape with diverse competitors in its healthcare sector. Additionally, it faces competition across broader sectors under the N1 umbrella.
Primary Competitors
- OneBill: Competes in the healthcare IT space by optimizing financial processes for healthcare providers.
- Eccovia Solutions: Challenges in integrated care environments with human services software solutions.
- SAP Customer Experience and ngDesk: Provide competitive customer engagement platforms for N1 Health's clientele.
In healthcare service provision, companies like Heartland Dental, MB2 Dental Solutions, and AOK emerge as significant competitors.
Broader N1 Subsidiaries
- Unbound Medicine and ScalaMed: Compete on digital health platforms, showing N1's involvement in diverse technology solutions across healthcare and pharmaceuticals.
- CommAlert and Centurion Security & Investigations: Highlight competition in security and communication services within N1's broader operations sector.
Market Position and Strategy
Positioned as a cloud-based AI platform, N1 Health distinguishes itself in the healthcare technology sector, setting itself against established entities like IBM Watson Health.
Recent Developments & Strategic Insights
Founded in January 2010 and headquartered in Richmond, Virginia, N1 Health's pivot towards an applied AI network signals a focus on innovation-driven solutions in healthcare. Financial backing from organizations like HealthTrend Capital, MANA Tech, Waterline Ventures, NRV, and Village Capital supports future growth and innovation initiatives.
Noteworthy competitors such as Florence, Cumulus Neuroscience, and Medrio underline N1 Health's commitment to pioneering healthcare solutions through technology.
A competitive landscape necessitates strategic partnerships and ongoing innovation from N1 Health to maintain and expand its presence, as it challenges both traditional and tech-driven healthcare sectors.
