The student team of Edward Cho, Lianne Ho, and David Sung from the University of Southern California has won the $20,000 First Place prize in the Humana-Mays Health Care Analytics 2018 Case Competition sponsored by health and well-being company Humana Inc. (NYSE: HUM) and Mays Business School at Texas A&M University.
Nearly 700 master’s-level students representing 246 teams from 42 major universities in the U.S. registered for the national competition to compete for $35,000 in prizes. Students enrolled full-time in accredited Master of Science, Master of Arts, Master of Information Systems, Master of Public Health, or Master of Business Administration programs at an educational institution based in the United States were eligible to enter.
Cho, Ho, and Sung received the top prize following a presentation on Nov. 14 to an executive panel of judges at Texas A&M’s Mays Business School’s CityCentre Houston location.
The Second Place prize of $10,000 was awarded to Hanyin Nifrom, Uyanga (Melody) Sumiya, and Qi Xu from Bentley University, while the Third Place prize of $5,000 was presented to Kyle Cross, Ming-Hsin Li, and Efrat Mordechay from the University of California, Los Angeles.
“Mays Business School is pleased to partner with Humana to bring together the brightest graduate students in the country to innovate using data analytics to solve a real-world business problem in health care, one of the three Grand Challenge areas of Mays Business School,” says Arvind Mahajan, Associate Dean for Graduate Programs at Mays Business School.
The analytics case received by the students was designed to be multi-faceted and complex, similar to a real-world business problem. The students were asked to predict the likelihood of a patient having a heart attack within the next three months using data collected from the previous year. Students had to evaluate more than 400 variables, including age of the patient, sex, geography, and other medical conditions.
“Being new to the health care industry myself, I was impressed with the expertise and professionalism of the students during the competition. We hope that our scenario encourages them to continue learning and growing their analytical skills. It is through creative, passionate people that we will be able to deliver high-quality care for generations to come,” said Heather Cox, Chief Digital Health and Analytics Officer for Humana.
The teams were judged based on the following criteria:
- Ability to establish key performance indicators aligned to business needs
- Quantitative analysis identifying key business insights
- Ability to provide unique insights for business improvements
- Professionalism and visualization skills
Participation in the Humana-Mays Health Care Analytics 2018 Case Competition represents a 132 percent growth over the inaugural 2017 competition, where more than 300 master’s degree candidates representing 109 teams from 19 major universities in the U.S. registered for the competition. Students Hongxia Shi, Shenyang Yang, and Xiangyi Che from Purdue University received the top prize.
About Texas A&M’s Mays Business School
Mays is a full-service business school that steps up to advance the world’s prosperity. Our mission is to be a vibrant learning organization that creates impactful knowledge and develops transformational leaders. Mays Business School educates more than 6,404 undergraduate, master’s and doctoral students in accounting, finance, management, management information systems, marketing and supply chain management. Mays consistently ranks among the top public business schools in the country for its programs and for faculty research
Humana Inc. (NYSE: HUM) is committed to helping our millions of medical and specialty members achieve their best health. Our successful history in care delivery and health plan administration is helping us create a new kind of integrated care with the power to improve health and well-being and lower costs. Our efforts are leading to a better quality of life for people with Medicare, families, individuals, military service personnel, and communities at large.
To accomplish that, we support physicians and other health care professionals as they work to deliver the right care in the right place for their patients, our members. Our range of clinical capabilities, resources and tools – such as in-home care, behavioral health, pharmacy services, data analytics and wellness solutions – combine to produce a simplified experience that makes health care easier to navigate and more effective.
More information regarding Humana is available to investors via the Investor Relations page of the company’s web site at www.humana.com, including copies of:
- Annual reports to stockholders
- Securities and Exchange Commission filings
- Most recent investor conference presentations
- Quarterly earnings news releases and conference calls
- Calendar of events
- Corporate Governance information