On March 27, the Centers for Medicare & Medicaid Services (CMS) announced a new program called the "Artificial Intelligence Health Outcomes Challenge" (AI Challenge) which  is a three-stage competition to accelerate artificial intelligence solutions to better predict health outcomes such as unplanned hospital and skilled nursing facility admissions and adverse events for potential use by the CMS Innovation Center in testing innovative payment and service delivery models under the authority of section 1115A of the Social Security Act (42 U.S.C. 1315a). CMS is partnering with the American Academy of Family Physicians (AAFP) and a private foundation to award up to $1.65 million to selected participants during the three stages of the Challenge. More information about the AI Challenge is available from a CMS press release linked here or the actual AI Challenge website here.

For more articles and regular updates on legislative changes, regulatory developments and other news of interest to businesses, professionals and investors in the healthcare industry, please subscribe to Day Pitney's mailing lists.

Click here for more Healthcare Blogs from Day Pitney

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.