$ 3,000,000 for the best algorithm

    Hello, Habr!

    On May 4, 2011, California’s largest healthcare organization, Heritage Provider Network, announced a tender for the best forecasting algorithm that would make it possible to reduce healthcare costs.

    The competition started on April 4, 2011 at 19:00 GMT and will last almost 2 years - until April 3, 2013.

    The main prize of the competition, namely $ 3,000,000, will be received by the one who develops an algorithm that allows to predict with the greatest reliability based on data from previous years how many days this year patients will spend in the hospital.

    Anonymous samples of similar data for the past 3 years are provided as source data.


    The competition is held in three stages. At each stage, 2 winners are selected, each of whom receives a guaranteed prize from 20 to 60 thousand US dollars in accordance with the terms of the promotion. The winners of each stage will be announced at the O'Reilly's Strata Conference, which will be held in New York and then in Santa Clara (California).

    Deadline of the first stage - August 31, 2011.

    As an assessment and comparison of the results of the participants, the metric described in the competition rules is used.

    Competition rules and other useful information can be found on the official website . To participate, simply register by entering your e-mail and confirm your agreement with the rules, after which the source data in the form of .csv files and the specification for them will be available for download.

    I must say that such contests became known thanks to NetFlix. In 2009, the BellKor's Pragmatic Chaos team received $ 1,000,000 from the NetFlix service for improving the recommendation algorithm.

    Apparently, this is a good way to pump skills, prove yourself and earn with your mind. Isn’t it, Habr?

    Also popular now: