Heritage Provider Network, a large multi-specialty network of group practices serving much of southern California, has launched a competition with a $3 million prize to develop a more accurate way to predict the likelihood of an individual's future hospitalization.
The industry spends more than $30 billion a year in unnecessary hospital admissions, says Richard Merkin, M.D., president and CEO of HPN. The competition is designed to spur participation by data analytics professionals. The goal is that the competition will bring innovative thinking to health analytics, he adds.
Participants in the competition, called the Health Prize, will be given a data set comprised of de-identified medical records of 100,000 HPN patients. The teams will predict the hospitalization of a set percentage of those patients who went to the hospital during the year following the start of the competition, and do so with a defined accuracy rate.
HPN includes 2,100 primary care physicians and more than 30,000 specialists. More information on the competition soon will be available at theheritagehealthprize.com.
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