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Texas A&M University Mays Business School and Humana to Launch Fifth Annual Healthcare Analytics Case Competition
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
Humana Inc. (NYSE: HUM) and Mays Business School at Texas A&M University have announced the 2021 Humana-Mays Healthcare Analytics Case Competition, offering a total prize package of $80,000. First place will receive $50,000, second place $20,000, and third place $10,000. The competition is open to master’s students from accredited U.S. institutions, encouraging teams to solve a real-world healthcare business challenge. The event highlights Humana's commitment to analytics in healthcare and aims to advance student learning through real-world applications.
Positive
Increased prize pool to $80,000, incentivizing participation.
Collaboration with Texas A&M enhances brand visibility and engagement.
Focus on real-world analytics encourages innovation and practical learning.
Promotes healthcare data analytics, aligning with industry trends.
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COLLEGE STATION, Texas--(BUSINESS WIRE)--
Mays Business School at Texas A&M University and leading health and well-being company Humana Inc. (NYSE: HUM) have announced the details of the 2021 Humana-Mays Healthcare Analytics Case Competition to showcase students’ analytical abilities to solve a real-world business problem. The prize package for the winning teams has increased to $80,000, with $50,000 for first place, $20,000 for second place, and $10,000 for third place.
The fifth annual competition will be held virtually and is 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, are eligible to enter. Students are invited to create teams of two to four to tackle a real-world case. Each team can only include students from the same school.
“Healthcare is one of the three grand challenges established at Mays during our strategic planning process. This process also yielded our vision, which is ‘to advance the world’s prosperity,’” said Duane Ireland, interim dean of Mays Business School. “The national analytics competition is an important part of our commitment to address healthcare issues. Enhancing the quality of this competition is the fact that it attracts the brightest graduate students from across the country. Using real-world, anonymized data in the case, the analyses students complete create high-impact learning opportunities for them while influencing the future of the dynamic healthcare industry.”
“At Humana, we’re passionate about helping our members achieve their best health. We’re excited about the opportunity to partner with my alma mater Texas A&M University on this unique real-world experience for students,” said Humana President and CEO Bruce Broussard. “We recognize healthcare can be challenging and complex. The future of health care depends greatly upon data analytics as a means of creating personalized experiences and designing a better system for our members – one that’s simple to navigate, connected and contributes to better health outcomes.“
The teams will be 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
Key dates for 2021 participants include:
Sept. 8: Virtual kickoff call for prospective participants
Sept. 17: Team registration due
Sept. 24: Virtual Q&A session with competition leadership
Oct. 10: Completed team analysis due
Oct. 22: Finalists selected and notified
Nov. 11: Virtual presentations to executive panel; winners announced
Prior top winners include The Wharton School of the University of Pennsylvania (2020); University of California, Los Angeles (2018 & 2019); and Purdue University (2017).
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, management, management information systems, marketing, and supply chain management. Mays ranks consistently among the top public business schools in the country for its programs and for faculty research.
About Humana
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 with the goal of making 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 website at 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
What is the 2021 Humana-Mays Healthcare Analytics Case Competition?
The competition is a collaboration between Humana Inc. and Mays Business School at Texas A&M University, offering students the chance to solve real-world healthcare business problems.
What is the total prize money for the Humana-Mays Competition?
The total prize package is $80,000, with $50,000 for first place, $20,000 for second place, and $10,000 for third place.
Who can participate in the Humana-Mays Healthcare Analytics Case Competition?
The competition is open to full-time and part-time master’s students from accredited U.S. institutions in fields such as business, healthcare, or analytics.
When are the key dates for the 2021 Humana-Mays Competition?
Key dates include Sept. 8 for the kickoff call, Sept. 17 for team registration, and Nov. 11 for the virtual presentations of finalists.
How does the competition benefit participants?
Participants have the opportunity to engage in high-impact learning, gaining valuable analytical skills by working with real-world data.