AI Leader ClosedLoop Names New Chief Medical Officer

Dr. Mark Reardon Joins ClosedLoop to Guide Development of New Generative AI Solutions Within Award-Winning Healthcare AI Portfolio

AUSTIN, Texas, August 21, 2024 – ClosedLoop, the leading healthcare AI platform,  today announced the appointment of Mark Reardon, MD, MBA, as the company’s new Chief Medical Officer (CMO). The addition of Dr. Reardon to the Executive Leadership Team marks another step in ClosedLoop’s ongoing efforts to continue holding the top spot in the “Healthcare AI” category by broadening expertise beyond machine learning, with Generative AI solutions leveraging LLMs.

Prior to joining ClosedLoop, Dr. Reardon guided the transition of thousands of independent and health-system affiliated primary care physicians from fee-for-service to value-based care, while serving as an executive at a provider enablement organization. Dr. Reardon has also developed and implemented approaches to population health in a health policy role at the Centers for Medicare and Medicaid Innovation, as well as the not-for-profit dually-eligible health plan, Commonwealth Care Alliance.

“The healthcare industry continues to move toward a future where AI will play a critical role in the delivery of personalized, accurate and efficient care to everyone, regardless of their circumstances,” said Dr. Reardon. “I’m particularly motivated to be a part of an award-winning team leading innovations that will help ensure equitable access to healthcare for all, harnessing AI’s full potential to break down barriers and improve outcomes.”

“Our commitment to healthcare tech innovation has always demanded a tight focus on clinical-relevance and safety,” says CEO and Co-Founder, Andrew Eye. “We’re excited to have Dr. Reardon’s clinical guidance and leadership in our continued development of healthcare-dedicated, life-improving AI solutions.”

Since winning the largest Healthcare AI competition in history, hosted by the Centers for Medicare and Medicaid (CMS) in 2021, the company has continued to accelerate AI’s impact and adoption within the healthcare industry. ClosedLoop is already used to build predictive models, evaluate the impact of interventions, and analyze mountains of data for millions of patients across dozens of healthcare organizations, every day.ClosedLoop has been continually recognized for the effectiveness of its AI solutions through consecutive “Best in KLAS” wins for the past three years; an award only given upon 3rd party survey and evaluation of an IT organization’s customers. ClosedLoop has been building on this reputation through continued innovations in additional focus areas of AI, including LLMs.

About ClosedLoop

ClosedLoop’s mission is to “Accelerate AI’s ability to improve human health.” With hope, an innovative spirit, and a platform delivering actionable clinical insights, ClosedLoop has pioneered Healthcare AI since 2017, with achievements including winning the $1.6 million CMS AI Health Outcomes Challenge and earning “Best in KLAS” awards every year since 2021. In 2023 alone, the Platform generated over 700 million healthcare insights. ClosedLoop serves over 9 million patients across healthcare organizations in the Medicare, Medicaid, and commercial markets. ClosedLoop’s comprehensive Healthcare AI and data science platform features end-to-end machine learning automation, a library of healthcare-specific models, and cutting-edge generative AI leveraging the latest in LLMs. ClosedLoop’s trustworthy AI-driven solutions are consistently recognized for their reliability, customer satisfaction, and ability to outperform similar solutions in the healthcare industry.

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