COLLEGE STATION, Texas--(BUSINESS WIRE)--The student team of Alexander Kondziolka and Jonathon Thierer from The Wharton School of the University of Pennsylvania has won the $40,000 First Place prize in the Humana-Mays Healthcare Analytics 2020 Case Competition sponsored by health and well-being company Humana Inc. (NYSE: HUM) and Mays Business School at Texas A&M University.
Over 700 masters level students representing over 70 major universities in the U.S. registered for the national competition to compete for $70,000 in total prizes. The fourth 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.
Alexander Kondziolka and Jonathon Thierer received the top prize following a virtual presentation on Thursday, Nov. 12 to an executive panel of judges. The Second-Place prize of $20,000 was awarded to Christopher Painton, Yilun Sun, and Ruiwen Wang from the University of Southern California (USC) Marshall School of Business, while the Third-Place prize of $10,000 was presented to Kamala Pillai, Jack Sampiere, and Chloe Xu from the University of California, Los Angeles (UCLA) Anderson School of Management.
“Advanced analytics have helped Humana identify those members who are at the highest risk for COVID-19 in order to make quick and personal outreach to them,” said Heather Cox, Chief Digital Health and Analytics Officer for Humana. “This is just one example of how analytics can enhance our industry in resolving challenges and help us deliver better care and improve outcomes. This year’s participants applied similar ingenuity and thoughtfulness to their approaches and ideas, and their dedication to finding solutions was remarkable.”
The analytics case received by the students was designed to be multi-faceted and complex, similar to a real-world business problem. This year’s competition focused on social determinants of healthcare that affect a wide range of health, functioning, and quality-of-life outcomes and risks. Transportation challenges are one of these determinants. Students were asked to create a model to predict which Medicare members are most likely struggling with these issues. The goal was to propose solutions for overcoming these barriers to accessing care and achieving members’ best health.
“Mays Business School is a model academic institution championing responsible research and teaching on every aspect of decision making in businesses. To that end, 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 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
This is the fourth year of the competition, which has grown to be one of the top healthcare analytics case competitions in country.
For more information, visit HumanaTAMUAnalytics.com.
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 6,400 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. (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