Pya Analytics
Use state-of-the-art analytic techniques to improve profit, decrease costs, and mitigate risk.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
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Pya Analytics, which now operates as Data Tapestry, provides data architecture and analytical services for a diverse client base that includes healthcare, commercial, and governmental organizations. The firm was established in 2013 as an affiliate of the professional services firm PYA, originating from a collaboration with scientists and engineers from the Oak Ridge National Laboratory. This venture was initially led by Chairman Ed Pershing, co-founder of PYA, and President/CEO Brian Worley, a former division director at the Oak Ridge National Laboratory with a Ph.D. in nuclear engineering from MIT. The company's technical leadership included CTO Edmon Begoli, who also had a background with the lab.
The company's business model revolves around designing custom business intelligence solutions rather than offering standard products. It specializes in developing data system architectures tailored for analytics, predictive data modeling, and simulation and decision support visualization services. A significant portion of its services is dedicated to the healthcare sector, providing tools for claims analysis, benchmarking, and dashboards that help organizations understand cost structures and profitability. For example, their Post-Acute Care Analyzer allows organizations to view patient readmission rates, length of stay, and total cost of care. Beyond healthcare, the company serves commercial and government entities by leveraging techniques like natural language processing (NLP) to meet various data challenges.
A pivotal moment in the company's history occurred in February 2020, when its technology assets and team were acquired by Verana Health, a company focused on curating and analyzing real-world clinical data. This acquisition aimed to enrich Verana Health’s large clinical databases and enhance its research capabilities. Following this transaction, PYA Analytics rebranded to Data Tapestry in May 2020 to reflect a new strategic direction and expand its service offerings. The rebranding was steered by the remaining leadership, including COO Eric Edens, with a continued focus on making Knoxville a center for data and analytics technologies. Prior to the acquisition, the company had also explored other ventures, such as creating a subsidiary named MD Radio Inc. to syndicate an internet radio platform.
Keywords: data architecture, predictive modeling, data visualization, healthcare analytics, business intelligence, natural language processing, data linking, claims analysis, government data services, commercial data solutions, decision support, clinical data, real-world data, data system architecture, risk stratification, post-acute care analytics, service line analytics, revenue management, compliance monitoring, data engineering