Author: Gary Kleinman
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The aim of this research is to develop a model to forecast short term health cost changes. The motivation for producing such a model is to provide local decision makers with a tool to predict short term health care costs in their localities. In order to achieve this objective, we collected data on total health care expenditures and demographic data for California counties from 2000 to 2007. We then used various statistical methods to better understand the data and developed a regression model. Each year's prediction model was then used to forecast the following year's total health care expenditure. The model developed adequately predicted health care costs for the years on which the model was developed (2000-2006), and adequately forecast health care costs for the holdout year, 2007. The average adjusted r-squared value was 0.57, with an average MAD score of 34. The best predictors of total health care expenditures were county population, the number of county health care facilities, and county per capita personal income. The practical implications of the model are that it will provide public and private decision makers with a useful tool for forecasting short term demand for health care services, enabling better planning for health care manpower, facility planning, and financial planning needs. The contribution of this paper contrasts with earlier work in that it supports short term operational, not strategic, planning needs. The paper's limitation is that it relies on data from one state. It should be tested in other, dissimilar, areas of the United States.
Short-Term Predictions of the Total Medical Costs of California Counties
Author: Gary Kleinman
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The aim of this research is to develop a model to forecast short term health cost changes. The motivation for producing such a model is to provide local decision makers with a tool to predict short term health care costs in their localities. In order to achieve this objective, we collected data on total health care expenditures and demographic data for California counties from 2000 to 2007. We then used various statistical methods to better understand the data and developed a regression model. Each year's prediction model was then used to forecast the following year's total health care expenditure. The model developed adequately predicted health care costs for the years on which the model was developed (2000-2006), and adequately forecast health care costs for the holdout year, 2007. The average adjusted r-squared value was 0.57, with an average MAD score of 34. The best predictors of total health care expenditures were county population, the number of county health care facilities, and county per capita personal income. The practical implications of the model are that it will provide public and private decision makers with a useful tool for forecasting short term demand for health care services, enabling better planning for health care manpower, facility planning, and financial planning needs. The contribution of this paper contrasts with earlier work in that it supports short term operational, not strategic, planning needs. The paper's limitation is that it relies on data from one state. It should be tested in other, dissimilar, areas of the United States.
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The aim of this research is to develop a model to forecast short term health cost changes. The motivation for producing such a model is to provide local decision makers with a tool to predict short term health care costs in their localities. In order to achieve this objective, we collected data on total health care expenditures and demographic data for California counties from 2000 to 2007. We then used various statistical methods to better understand the data and developed a regression model. Each year's prediction model was then used to forecast the following year's total health care expenditure. The model developed adequately predicted health care costs for the years on which the model was developed (2000-2006), and adequately forecast health care costs for the holdout year, 2007. The average adjusted r-squared value was 0.57, with an average MAD score of 34. The best predictors of total health care expenditures were county population, the number of county health care facilities, and county per capita personal income. The practical implications of the model are that it will provide public and private decision makers with a useful tool for forecasting short term demand for health care services, enabling better planning for health care manpower, facility planning, and financial planning needs. The contribution of this paper contrasts with earlier work in that it supports short term operational, not strategic, planning needs. The paper's limitation is that it relies on data from one state. It should be tested in other, dissimilar, areas of the United States.
Advances in Business and Management Forecasting
Author: Kenneth D. Lawrence
Publisher: Emerald Group Publishing
ISBN: 0857249606
Category : Business & Economics
Languages : en
Pages : 219
Book Description
Intends to present advanced studies in the application of forecasting methodologies to such areas as sales, marketing, and strategic decision making. This title includes topics such as: sales and marketing, forecasting, new product forecasting, judgmentally-based forecasting, the application of surveys to forecasting, and sales response models.
Publisher: Emerald Group Publishing
ISBN: 0857249606
Category : Business & Economics
Languages : en
Pages : 219
Book Description
Intends to present advanced studies in the application of forecasting methodologies to such areas as sales, marketing, and strategic decision making. This title includes topics such as: sales and marketing, forecasting, new product forecasting, judgmentally-based forecasting, the application of surveys to forecasting, and sales response models.
Health care costs and services in California counties
Author: California. County Health Care Costs Study
Publisher:
ISBN:
Category :
Languages : en
Pages : 178
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 178
Book Description
Health Care Costs and Services in California Counties
Author: County Health Care Costs Study (Calif.)
Publisher:
ISBN:
Category : County government
Languages : en
Pages : 172
Book Description
Publisher:
ISBN:
Category : County government
Languages : en
Pages : 172
Book Description
Health Care Costs and Services in California Counties: Report of the County Health Care Costs Study to the California Legislature in Response to Senate Concurrent Resolution
Author: California. Department of Health. Office of Planning and Program Analysis
Publisher:
ISBN:
Category :
Languages : en
Pages : 136
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 136
Book Description
Health Care Costs and Services in California Counties
Author: County Health Care Costs Study
Publisher:
ISBN:
Category : Medical care, Cost of
Languages : en
Pages : 136
Book Description
Publisher:
ISBN:
Category : Medical care, Cost of
Languages : en
Pages : 136
Book Description
Health Data Summaries for California Counties
Author:
Publisher:
ISBN:
Category : California
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category : California
Languages : en
Pages :
Book Description
Cost of Medical Care
Author: Emily H. Huntington
Publisher: Univ of California Press
ISBN: 0520350138
Category : Business & Economics
Languages : en
Pages : 162
Book Description
This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1951.
Publisher: Univ of California Press
ISBN: 0520350138
Category : Business & Economics
Languages : en
Pages : 162
Book Description
This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1951.
California Weighted Hospital Input Price Index (CWHIPI) Values Estimates and Forecast
Author:
Publisher:
ISBN:
Category : Hospitals
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category : Hospitals
Languages : en
Pages :
Book Description
Medical Care and Costs in California Families in Relation to Economic Status
Author: Margaret C. Klem
Publisher:
ISBN:
Category : California
Languages : en
Pages : 150
Book Description
Publisher:
ISBN:
Category : California
Languages : en
Pages : 150
Book Description