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CMS Competition Seeks to Accelerate AI Utilization in Health Care

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The Centers for Medicare and Medicaid Services announced a competition that will offer up to $1.65M for artificial intelligence-driven initiatives to forecast unplanned admissions and other adverse events in hospitals or nursing facilities.

CMS said Wednesday the year long AI Health Outcomes Challenge provides an opportunity for innovators to develop   deep learning and neural network mechanisms to help clinicians manage the quality of care. The CMS Innovation Center might use innovations from the competition to evaluate provider payment and delivery models.

The agency could select up to 20 participants via an online application process during the launch stage, which runs through June. The winners will then design and test their proposed AI platforms using Medicare claims data as part of stage one. stage two. The winner will receive a $1M prize, and the runner-up will receive $250K.