Brenda Marie Rivers
The Centers for Medicare and Medicare Services has selected 25 entities to demonstrate artificial intelligence concepts as part of a competition aimed at developing AI capabilities that forecast patients’ health outcomes.
The Department of Health and Human Services component said Thursday the AI Health Outcomes Challenge seeks to develop AI-based predictive technologies that can help improve the service delivery of clinicians and healthcare providers.
Industry participants chosen for the competition’s first stage include Accenture’s federal arm, Booz Allen Hamilton, Deloitte, IBM and Northrop Grumman.
According to Seema Verma, administrator of CMS and a 2019 Wash100 winner, predictive AI capabilities can be used to reduce out-of-pocket costs while helping doctors prevent the onset of critical illnesses through early intervention.
CMS plans to narrow down the pool of participants to seven for Stage 2 of the challenge. Participants under the second stage will each receive $60K. The overall winner of the challenge will receive a grand prize of $1M and the second place participant will receive a consolation prize of $230K.
