Oracle Cloud Gives Prosper Digital Therapeutics Tools to Boost Patient Care at Lower Cost

Rhea-AI Summary

Oracle has partnered with Prosper Digital Therapeutics to utilize its Cloud Infrastructure for a machine learning platform aimed at optimizing patient care. ProsperDTX aims to enhance predictive modeling by integrating data from various medical sources, achieving a 25% cost saving. This collaboration is important amid the heightened healthcare demands caused by the COVID-19 pandemic. Oracle's solutions also ensure compliance with HIPAA, facilitating efficient data science workflows. The partnership is set to significantly boost ProsperDTX’s capacity for personalized treatment plans.

Positive

• ProsperDTX reported a 25% cost saving by using Oracle Cloud Infrastructure.
• The partnership enhances predictive modeling capabilities, vital for patient care improvements.
• Oracle's solutions ensure HIPAA compliance throughout the machine learning lifecycle.

Negative

• None.

AUSTIN, Texas, March 18, 2021 /PRNewswire/ -- Oracle today announced that Prosper Digital Therapeutics (ProsperDTX), a company that pairs patient medical data with causal machine learning to develop personalized treatment plans, has selected Oracle Cloud Infrastructure (OCI) Data Science to host its machine learning platform. ProsperDTX uses Oracle Autonomous Data Warehouse and OCI Object Storage to ingest and store data from multiple sources, including medical records systems and wearables, in real-time for faster predictive modeling. With the unprecedented healthcare demands brought on by the COVID-19 pandemic, predictive data science modeling is critical to driving patient-centered solutions.

"We selected Oracle Cloud Infrastructure because of its unique ability to quickly process vast amounts of data and enable a faster time to market for our healthcare solutions. We've already realized a 25 percent cost saving," said Robert Goldberg, CEO, Prosper Digital Therapeutics. "With a proven record of offering cloud solutions and expertise for the healthcare industry, Oracle is an instrumental partner to our company's future growth."

"We are excited to work with ProsperDTX to help improve their ability to turn the power of machine learning into better patient care," said Greg Pavlik, senior vice president, data and AI, Oracle Cloud. "With our expertise in the healthcare field and our robust ecosystem of healthcare customers, we look forward to partnering with ProsperDTX to accelerate its network expansion as the company grows into its next stage of development."

ProsperDTX's machine learning technology develops causal models for each individual, thereby developing a care plan that can avoid complications related to cancer. By asking 'what if' questions, such as 'would I still get lung cancer if I continue smoking or stop smoking?' ProsperDTX can establish causal relationships and model what would happen in the future in the absence of a treatment or a delay of treatment in ways that optimize outcomes. This can't be achieved with traditional machine learning which has thus far focused on retrospective, or backward-looking research. What likely caused this person's heart attack? Was it smoking, bad diet, lack of exercise, all of the above? ProsperDTX machine learning focuses on future outcomes, not the past causes of current conditions.

Oracle Cloud Infrastructure Data Science helps data scientists rapidly build, train, deploy and manage machine learning models. Unlike other data science products that focus on individual data scientists, OCI Data Science helps improve the effectiveness of data science teams with capabilities like shared projects, model catalogs, team security policies, reproducibility and auditability. Using OCI Data Science, ProsperDTX is designed to facilitate compliance with the Health Insurance Portability and Accountability Act (HIPAA) for every stage of the machine learning lifecycle, from data ingestion to model deployment.

Additional Resources

• Learn more about Oracle's data science platform
• Watch how Prosper Digital Therapeutics uses OCI Data Science

About Oracle
Oracle offers suites of integrated applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.

Trademarks
Oracle and Java are registered trademarks of Oracle Corporation.

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SOURCE Oracle

FAQ

What is the partnership between Oracle and Prosper Digital Therapeutics?

Oracle partnered with Prosper Digital Therapeutics to provide its Cloud Infrastructure for enhanced machine learning capabilities aimed at improving patient care.

How much cost saving has ProsperDTX achieved using Oracle's services?

ProsperDTX has achieved a 25% cost saving by utilizing Oracle Cloud Infrastructure.

What compliance standards will Oracle's solutions help ProsperDTX meet?

Oracle's solutions will help ProsperDTX comply with HIPAA standards for patient data management.

How does Oracle's Cloud Infrastructure benefit healthcare solutions?

Oracle's Cloud Infrastructure enables faster processing of vast data amounts, enhancing healthcare solutions' speed to market.

What key technology does ProsperDTX use for patient treatment plans?

ProsperDTX uses machine learning technology to create personalized treatment plans that optimize patient outcomes.