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HPN Announces Team POWERDOT Wins $500,000 As Current Leader
Date:6/3/2013

WASHINGTON, June 3, 2013 /PRNewswire/ -- Heritage Provider Network announced today a $500,000 award to the current leading team, POWERDOT. HPN made the announcement at the Health Datapalooza Forum in Washington DC, and also revealed they will continue the $3million Heritage Health Prize competition until one of the leading teams reaches or exceeds the required benchmark.

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"I am very happy to be awarding POWERDOT a $500,000 prize for their leading team effort," said Dr. Richard Merkin , President and CEO of Heritage Provider Network.  "We are so encouraged by the results seen in the last two years, we will continue the competition and allow the top eligible leading teams access to an even broader data set to try to accelerate a successful benchmark performance by one of the teams."

The prize challenges entrants to create an algorithm that predicts how many days a patient will spend in the hospital. Created, developed and sponsored by Dr. Merkin, President and CEO of HPN, the goal of the prize is to decrease the number of avoidable hospitalizations, saving the country more than $40billion in preventable hospitalization costs.

"I would like to thank the entire community of over 1,500 of the world's best and brightest data scientists who worked so diligently with this massive healthcare data set," said Dr, Merkin.  "I want to encourage the eligible teams to take advantage of the continuing competition and bring us solutions as soon as possible.  They can help us harness big data to provide healthier outcomes and lower the cost of healthcare for American families."'/>"/>

SOURCE Heritage Provider Network, Inc.
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