Gradient AI completed the acquisition of healthcare analytics business unit from Prognos Health.

Gradient AI, a provider of Artificial Intelligence and Machine Learning based solutions designed specifically insurance industry, completed the acquisition of healthcare analytics business unit from Prognos Health, a health tech company. Financial terms were not disclosed. “The acquisition of Prognos underwriting business unit is a game changer. Our combined solution will provide a holistic picture of group health risk that has never before been possible. Insurers will now have a single point of access to multiple data sources, covering medical, prescription and lab data improving their abilities to project group health assessments and costs with much greater confidence,” Stan Smith, Gradient AI CEO and founder.