Arena

Owned by Jakub Mormul (Unlicensed)
Dec 12, 2018
2 min read


This tool has solely been researched by the WilsonHCG Innovation team.

Summary

The early days

While Arena was formally founded by Michael Rosenbaum in 2015 (when it was known as Pegged Software), its roots began long before. Early in his career, while he was a Fellow at Harvard and working with the White House in economics and law, Rosenbaum saw how inefficient the labor market could be since it is primarily based on subjective perceptions of a candidate’s future performance. By capturing and applying a large amount of data to create more accurate predictions of a candidate’s performance, Rosenbaum argued that making the labor market work better could solve a host of problems. Seeing the potential to rethink the way hiring is done, he decided to put his theory into practice.


Outcomes are paramount

Arena captures large amounts of data about applicants and uses modern data science to help health care organizations improve outcomes by finding the right people for each role, in each department, at each location.


Collect data

Arena collects data about applicants through our cloud-based platform, including responses, text, interactions, public, and other data.


Generate predictions

Then we assemble the most relevant applicant data to generate a prediction for each candidate in each position.


Optimize for outcomes

Our predictions are optimized for the outcomes you choose and are customized for each organization, location, department, and role.


Always getting smarter

The longer we work with our clients, the more outcome data we receive from their specific organization and the more accurate the algorithms become by using cutting edge machine learning techniques.


Focused on health care

When it comes to making people decisions, health care institutions face a unique set of challenges. At Arena, we understand these challenges and we have been working shoulder to shoulder for close to a decade with hospitals and senior living organizations to overcome them.

We have massive amounts of data on a wide range of health care organizations, their employees, and their applicants. The more data we obtain in the health care domain the more accurate our algorithms become and the better predictions we can make for health care providers.


Implementation

The Arena platform fits seamlessly into the recruiting process so as soon as an applicant applies for a job, Arena collects the necessary data to generate a real time prediction. The Arena platform is based in the cloud—it does not require installation inside an organization and therefore requires little to no support from IT.

Hospitals and healthcare institutions face high turnover among their employee populations. Moreover, the responsibility for a solution to this problem often rests with Human Resources while the impact of the problem is felt across the organization.