Healthcare X PRIZE

11.6: co.pol/Healthcare X PRIZE is to create an optimal health paradigm:

American health care system requires fundamental transformation

to meet the needs of the nation.

An Initial Prize Design for a proposed $10+ Million Healthcare X PRIZE

was announced on April 14, 2009 by the X PRIZE Foundation, WellPoint, Inc.

and the WellPoint Foundation.

This first-of-its kind competition will focus on

reinventing the health care system in a bold, measurable and scientific fashion

to catalyze dramatic improvements in health and health care value

in the United States.

The Grand Challenge for the Healthcare X PRIZE is to create

an optimal health paradigm that empowers and engages individuals and

communities in a way that dramatically improves health value.

The proposed prize is designed to improve health value by more than 50 percent

in a 10,000 person community during a three year trial.

In order to effectively compete for this prize,

teams will need to fundamentally change health financing, care delivery,

and create new incentives that will result in

achieving the required improvements in health value

for both individuals and communities.