Health and well-being company Humana Inc. (NYSE: HUM) and Mays Business School at Texas A&M University are launching the first healthcare analytics case competition at the university’s campus to showcase students’ analytical abilities to solve a real-world business problem. The case competition is open to all accredited colleges in the United States.
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 are eligible to enter. Students are invited to join in groups of two to three students—from the same school—to tackle a real-world case that will be announced in October.
The deadline for participants to submit their completed analyses will be Oct. 27 by 11:59 p.m. CT. Five finalists will then present their analyses to an executive panel at Texas A&M’s Mays Business School on Nov. 9, with the winner being selected immediately afterward.
“It feels great to partner with an institution—Texas A&M, my alma mater—that played such a pivotal role in my career development,” said Humana President and CEO Bruce Broussard. “Health care analytics are increasingly being prioritized for their positive impact on shaping health care. Therefore, it is important to provide students with real-life scenarios and opportunities to challenge and shape them as professionals.”
“An analytical mindset is one of the key characteristics of a Mays Transformational Leader. The Mays Business School MBA Program is pleased to host the Humana Data Analytics Case Competition, which will attract the brightest graduate students in the country to come together and solve a real-world business problem,” says Eli Jones, Dean of Mays Business School.
The prizes for the winning teams will be $6,000 for first place, $3,000 for second place and $1,500 for third place. The teams will be 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
The case problem the students will receive is designed to be ambiguous, similar to a real-world business problem. Applicants are encouraged to pick from an array of tools, including R. Python, SAS, SPSS, Matlab and Excel, to solve the problem.
“This competition represents Humana’s growing investment in health care analytics,” said Vipin Gopal, PhD, and Enterprise Vice President for Humana. “Many of these students are using – or creating – analytical tools that could potentially shape the way that our industry provides care.”
Key dates for participants include:
- Oct. 2: prospective participants can attend the virtual opening kickoff at 5 p.m. EST
- Oct. 6: deadline for participants to form a team of two to three people
- Oct. 20: participants attend a pre-submission workshop
- Oct. 27: deadline for participants to submit their completed technical analyses
- Nov. 9: finalists present to executive panel at Mays Business School’s CityCentre Houston location; the winner is selected
About Mays Business School
At Mays Business School, we step 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 6,400 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. 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.