Industries

Healthcare


Improve clinical care and patient outcomes, reduce fraud, and manage financial risk.

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Healthcare

Insurance


Prioritize claims, reduce risk and cost, prevent fraud, and improve customer experience.

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Insurance

Financial Services


Improve regulatory compliance, detect fraud, assess risk, and enhance customer value.

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Financial Services

Software & Technology


Analyze sensor/log data to enhance product design and user experience, and reduce attrition.

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Software & Technology

Government


Prevent fraud, waste, and abuse, improve program integrity, and deliver return on investment.

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Government

Defense & Intelligence


Detect and prevent threats, improve security, prioritize caseload, and mitigate risk.

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Defense & Intelligence

Case Studies

Government

US Postal Service


Elder Research partnered with the U.S. Postal Service Office of Inspector General to develop and deploy a custom solution to identify and prioritize questionable contracts and healthcare claims for investigation. Leads generated were 74% actionable, resulting in over $11 million in recoveries, restitutions, and cost avoidance in the first year.

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Commercial

DentaQuest


Elder Research developed a provider risk scoring model that enabled targeted intervention with low quality providers and reduced per patient cost by nearly 20 percent.

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Commercial

nTelos


By applying advanced techniques for modeling and visualizing customer records, Elder Research created a combined data and text mining solution to increase marketing efficiency and reduce churn. The model improved targeted messages which resulted in higher profitability for nTelos, a regional mobile phone carrier.

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Featured Clients & Partners

Events

News

Gerhard Pilcher & Jeff Deal Interviewed for The Big Biz Show

Jeff Deal and Gerhard Pilcher join Bob "Sully" Sullivan and Russ T. Nailz, hosts of the Big Biz show which airs as Sully's Biz Brew on the Youtoo America Television Network, to discuss their book Mining Your Own Businessa practical guide on analytics for organizational leaders and top-level executives. Sully's Biz Brew Schedule

Aric LaBarr Spoke on Model Validation at Duke University

Senior Data Scientist Aric LaBarr spoke on Model Validation to Masters of Statistical Science students at Duke University on October 31, 2017.

RightShip Presenting Predictive Model Validated by Elder Research at PAW Business

Bryan Guenther, Qi Program Manager at RightShip, will present "Overcoming Challenges Implementing a Risk Model in the Maritime Industry" at Predictive Analytics World for Business in New York City on October 31st. The session will highlight challenges with implementing Predictive Analytics  in a unique, ground-breaking case study of predictive model deployment in the maritime industry. Prior to launch RightShip contracted Elder Research to validate the Qi models predictive performance.

Resources

Featured Video

Gerhard Pilcher discussed the gap between the promise of analytics to transform a company and the actual results, and how adaptability and intuition by leadership can help close that gap.

Target Shuffling is a process for testing the statistical accuracy of data mining results. It is particularly useful for identifying false positives, or when two events or variables occurring together are perceived to have a cause-and-effect relationship, as opposed to a coincidental one. 

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Book Overview

COVER_Mining_Your_Own_Business.jpg

Mining Your Own Business is a practical guide for organizational leaders and top-level executives that demonstrates how to harness the power of data mining and predictive analytics, and avoid costly mistakes.

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