Veda received third-party validation from the Erdos Institute, an independent organization of university PhDs advancing the fields of Data Science and Machine Learning, the company announced recently.
According to a release, Erdos Institute researchers found Veda’s AI-powered data curation engine to exceed 90% in accuracy scores for critical information like addresses, locations and phone numbers.
“As skepticism surrounds AI tools in healthcare, validation from the Erdos Institute underscores Veda’s commitment to leading the market with ethical and reliable solutions,” Veda CEO Meghan Gaffney said in a statement. “While outdated methods for maintaining accuracy and compliance continue to fail, Veda is proof positive that automation is an effective and necessary approach to supporting health plan members who rely on provider directories to find care.”
As previously reported, Veda looks to foster greater transparency and accountability in payer data solutions. Its technology allows organizations to access accurate profiles of more than 3.5 million active providers.