Transform 2021

, a company providing AI-powered predictive analytics for managing health care costs, has raised $14 million. The company says it’ll use the funds to scale its platform and invest in customer acquisition ahead of the opening of an office in Guadalajara, Mexico in 2021.

As many as 3.5 million hospital stays among adults in 2017 were considered potentially preventable, costing nearly $34 billion, according to the Agency for Healthcare Research and Quality. The preventable stays represented nearly 13% of all hospital stays and almost 9% of all costs, excluding obstetrics.

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