Heritage Health Prize:
Better health through analytics
More than 71 Million individuals in the United States are admitted to
hospitals each year, according to the latest survey from the American
Hospital Association. Studies have concluded that in 2006 well over
$30 billion was spent on unnecessary hospital admissions. Each of
these unnecessary admissions took away one hospital bed from someone
else who needed it more.
Is there a better way? Can we identify earlier those most at risk and ensure they get the treatment they need? The Heritage Provider Network (HPN) believes that the answer may be "yes" - but to do it will require harnessing the world's top experts from many fields.hospitals each year, according to the latest survey from the American
Hospital Association. Studies have concluded that in 2006 well over
$30 billion was spent on unnecessary hospital admissions. Each of
these unnecessary admissions took away one hospital bed from someone
else who needed it more.
Heritage launched the $3 million Heritage Health Prize with one goal in mind: to develop a breakthrough algorithm that uses available patient data, including health records and claims data, to predict and prevent unnecessary hospitalizations. Heritage believes that incentivized competition – one that includes the involvement of those with passionate minds that don't know what can't be done – is the best way to achieve the radical breakthroughs and innovations necessary to reform our health care system. Sponsoring this prize is simply one way that Heritage believes it can help solve a societal problem. Heritage is not an insurer and doesn't stand to benefit directly by solving this problem - but Heritage is in the business of looking after the health of Americans and believes that corporations have a role in enabling change for the better.
More at: http://www.heritagehealthprize.com/
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