Mays Business School at Texas A&M University and leading health and well-being company Humana Inc. (NYSE: HUM) have announced the winners of the 2021 Humana-Mays Healthcare Analytics Case Competition, a competition during which students use their analytical abilities to solve a real-world business problem. The student team of Siyan Cai, Jia Shi, Manqiu Liu, and Tsz Fung Pang from Georgia Tech received the First-Place prize of $50,000 following a virtual presentation on Nov. 11 to an executive panel of judges.
This is the fifth year of the competition, which has grown to be one of the top healthcare analytics case competitions in the country. Over 750 master’s level students, representing 75 major universities in the U.S., registered for the national competition to compete for $80,000 in total prizes. The Second-Place prize of $20,000 was awarded to Alejandro Sáez Coma and Ignacio Aguilar Ramos from New York University (NYU), while the Third-Place prize of $10,000 was presented to Eunjin Jeong, Yuxuan Mei, Ji Qi, and Linh To from Boston University.
The student teams examined a multifaceted and complex real-world business problem. This year’s competition focused on providing vaccination opportunities for vulnerable and underserved populations, as existing disparities in health equity have become more evident during the vaccination response to COVID-19.
Students were asked to create a model to predict vaccine hesitance among a specific population. The students’ challenge was to propose solutions so that Humana can design a targeted outreach that prioritizes the most vulnerable and underserved populations to receive health solutions.
“By materializing our commitment to minimizing health inequities and mitigating bias, we are leveraging prescriptive analytics and predictive modeling to reach our most at-risk and hesitant member populations,” said Heather Cox, Chief Digital Health and Analytics Officer for Humana. “This year’s participants have shown great dedication to identifying populations and creating elegant solutions that drive forth positive change. This is just one glimpse into the transformative power of quality data.”
“I am pleased that the students’ analyses will help Humana shape the way the industry delivers healthcare,” says Arvind Mahajan, Associate Dean for Graduate Programs at Mays Business School. “This case study is an example of how students learn to apply their analytical skills to solve complex business problems which can have a social impact, and in this case, improve the lives of patients and their families.”
The fifth annual competition was held virtually and was open to all accredited educational institutions based in the United States. Full-time and part-time master’s students from accredited Master of Science, Master of Arts, Master of Information Systems, Master of Public Health, Master of Business Administration programs, or other similar master’s programs in business, healthcare, or analytics, were eligible to enter.
The teams were judged based on the following criteria:
- Quantitative analysis identifying key business insights
- Professionalism, data visualization, and presentation skills
- Ability to provide meaningful implications and recommendations based on results/insights
Prior top winners include the Wharton School of the University of Pennsylvania (2020); University of California, Los Angeles (2018 & 2019); and Purdue University (2017).
For more information, visit HumanaTAMUAnalytics.com.
About Mays Business School
At Mays Business School, we strive 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 nearly 6,300 undergraduate, masters, and doctoral students in accounting, finance, information systems and operations management, management, and marketing. Mays ranks consistently 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