Heritage Health Prize Awards $500K
For its work so far on building a model that predicts how many days a patient will spend in the hospital, one team has been awarded a half million dollar cash progress prize. Competition for the Heritage Health Prize continues.
Members of Team POWERDOT, receiving their $500,000 check.
(Photo: Blink Photography)
Continuing a trend of rewarding developers for building breakthrough technology solutions to unlock population health management from freely available, de-identified medical data, The Heritage Prize announced a $500,000 prize Monday at the Datapalooza IV conference.
Heritage Provider Network officials presented the cash award to the current leading team, POWERDOT, for its work on a predictive analytics challenge related to hospital admissions and length of stay.
HPN officials said they will continue the grand $3 million Heritage Health Prize competition until one of the leading teams reaches or exceeds the required benchmark.
"We are so encouraged by the results seen in the last two years, we will continue the competition and allow the top eligible leading teams access to an even broader data set to try to accelerate a successful benchmark performance by one of the teams," said Richard Merkin MD, president and CEO of Heritage Provider Network.
That broader data will include socio-economic status and additional pharmacy and lab data originally held back due to concerns that the data could be de-anonymized, Heritage officials said.
- CEO Exchange: Preparing for Population Health
- EHR Systems 'Immature, Costly,' AMA Says
- Advocate, NorthShore Deal Would Create 16-Hospital System
- Better HCAHPS Scores Protect Revenue
- Narrow Networks Cut Costs, Not Quality, Economists Say
- 3 Strategies for Retaining Millennial Employees
- 'Early Offer' Malpractice Programs May Spur Reform
- Interstate Medical Licensure Effort Advances
- Power of price: In South FL and the nation, healthcare costs often are shrouded in secrecy
- Two NY hospitals to offer free hip and knee replacement surgeries for qualifying patients in December