CMS launched the challenge in March 2019 to encourage companies to create AI tools that predict unplanned healthcare facility admissions and adverse events within 30 days. The competition had more than 300 initial entries in total, and seven finalists were named in October 2020.
ClosedLoop.ai will receive $1 million in prize money for winning first place, while Geisinger will take home $230,000 for finishing as the runner up, according to the April 30 news release.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
