CMS names 25 innovators advancing in AI Health Outcomes Challenge

The Centers for Medicare and Medicare Services this week announced the 25 participants selected to move on to the next round of its Artificial Intelligence Health Outcomes Challenge. WHY IT MATTERS Launched this past March by the CMS Innovation Center, in collaboration with the American Academy of Family Physicians and the Laura and John Arnold Foundation, the AI Health Outcomes Challenge aims to give innovators a showcase for how they're developing AI and machine learning technologies, deep learning tools and neural networks. While the focus is on helping hospitals and health systems drive cost efficiencies for value based reimbursement, prevent adverse patient safety events and boost quality outcomes, CMS put out the call innovators from all sectors of the economy – not just from healthcare. More than 300 different organizations submitted proposals. They were evaluated by a group of data science experts, clinical informaticists and care providers. A CMS selection panel then chose 25 of the applicants to advance to Stage 1.