Wednesday, October 15, 2008

Health Care X PRIZE

WellPoint, the WellPoint Foundation and the X PRIZE Foundation Collaborate to Advance Revolutionary Ideas to Improve Health Care - X PRIZE Foundation press release - WellPoint, Inc. (NYSE: WLP), the nation’s largest health insurance company in terms of medical membership; the WellPoint Foundation, one of the largest corporate foundations in the United States; and the X PRIZE Foundation, the nation’s pre-eminent philanthropic organization focused on innovation through competition, today announced a landmark collaboration to develop a $10 million or more competition designed to generate new ways to address the nation’s serious health care system challenges. The press release includes comments from Newt Gingrich and Bill Bradley. Here's more:

At this time, WellPoint, the WellPoint Foundation and the X PRIZE Foundation are announcing their intention to collaborate to develop a prize; the actual award amount, competition rules and guidelines are expected to be finalized in early 2009.

Healthy is what we're after - X PRIZE Health Care prize page with videos from Peter Diamandis, Angela Braly (President and CEOWellPoint, Inc.), and Newt Gingrich.

Yet another X-Prize competition kicks off, this time for healthcare - VentureBeat