•  

How Open Data and Prize Competitions Will Drive Innovation in Health

A session at Strata Rx

Tuesday 16th October, 2012

5:15pm to 5:55pm (PST)

Healthcare is 18% of US GDP and is projected to grow to 37% by 2050. To avoid this unsustainable trajectory, we must reinvent how we deliver healthcare. The past few years have seen an explosion in prizes competitions in the health sector, as well as in many other sectors. Challenges and crowdsourcing are on everyone’s lip. Perhaps the surprise should be that it has taken so long for everyone to wake up to prizes’ benefits, as prizes and challenges have a long history of benefiting humanity and driving major breakthroughs. A prize was used to incentivize the first flight across the Atlantic, a prize led to the invention of canning, and, truly importantly, prizes have even been used to create Super Bowl commercials.

Prizes are effective at spurring entrepreneurship, crowdsourcing innovation and accelerating progress. It is commonly believed that one of the principle reasons prizes and challenges are so successful is that they incentivize individuals who have never thought about the problem and never worked in the field, and who are not constrained by the “accepted wisdom,” to think about problems in new and creative ways. Health care is desperately in need of such “outside the box” thinking.

In addition to prizes involving the creation of applications and finding of cures for specific diseases, we have also seen the growth in health data prizes. This growth is critical, and it is critical that it continue, as it is in data analysis, data mining and machine learning where the biggest talent gap exists between health and other industries. For too long data scientists first choice in employment has been investment banking and tech. Incentivized data prizes can introduce these individuals to health care, and help them realize the societal changes they can drive when they turn their attention from creating apps that direct you to the local Starbucks and instead begin to think about how to use big data sets to predict and prevent disease.

This panel will provide an overview of important macro level policy and regulatory trends in the health sector that will drive tremendous demand for data science and analytics from a government, care delivery and technology perspective. In addition the panelists will focus on specific examples of how using prizes competitions in conjunction with an open data movement are disrupting the data analytics space. Aman Bhandari, the Senior Advisor to the US CTO will describe context around health reform, the efforts being led by the Federal Government to free up data sets for use by data miners, as well as the data prizes that the Government has created around that data. Jonathan Gluck, a Senior Executive at Heritage Provider Network and the individual at Heritage who has run the $3 million Heritage Health Prize (which seeks the creation of an algorithm that predicts the number of days an individual will spend in the hospital in a given year), will discuss the prize as well other prizes in which Heritage is involved. And Anthony Goldbloom, President and Chief Scientist at Kaggle will detail how one builds a platform and community of solvers to tackle predictive modeling problems.

In addition to the current prizes in which their organizations are involved, Anthony, Aman and Jonathan will discuss the issues and opportunities surrounding prizes using health data. Those issues include:

1. privacy and HIPAA concerns, as well as what can be done to address these concerns and provide the competitors with the most robust data set possible;
2. the difficulty in obtaining robust health care data sets; and
3. the unanticipated policy concerns that surround health data challenges.

Finally, they will discuss the opportunities available to industry through challenges, and how to create a challenge that will obtain the participation of the data community and lead to successful solutions for challenge’s sponsor. We are in the early stage of health challenges. To data, most health challenges have focused on apps, games, and data visualizations. Come hear how we can use health data challenges to fix healthcare, spur new business models, and avoid prize and app fatigue.

About the speakers

This person is speaking at this event.
Anthony Goldbloom

Founder and CEO of Kaggle. bio from Twitter

This person is speaking at this event.
Jonathan Gluck
This person is speaking at this event.
Aman Bhandari

bu·reau·crat. passionate abt solutions, data, tech & innovation for domestic+global health. sr advisor to the us cto. Tweets R mine bio from Twitter

Sign in to add slides, notes or videos to this session

Tell your friends!

When

Time 5:15pm5:55pm PST

Date Tue 16th October 2012

Short URL

lanyrd.com/sycwz

View the schedule

Share

See something wrong?

Report an issue with this session