Twenty-five participants were selected to advance to stage I of the Artificial Intelligence Health Outcomes Challenge, which is designed to accelerate the development of AI applications that help healthcare providers predict clinical outcomes and keep patients healthy.
The contest is part of CMS' implementation of President Trump's Executive Order on Maintaining American Leadership in Artificial Intelligence, which was issued in February 2019.
CMS opened the contest up to candidates in March, with contestants completing an online application with a slide deck that provided information about their entry and their solution. The application period closed in June with over 300 entrants, according to CMS.
Of the 25 candidates that made it to stage I, up to seven will continue to stage II; each will receive $60,000 and further support to develop their algorithms using CMS datasets. CMS will announce the stage II finalists in April 2020, it said. The challenge's grand prize winner will receive $1 million and the runner-up will receive $230,000.
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