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to macro-level initiatives such as lowering healthcare costs to patients and health equity remain largely untapped by finance functions. This report sheds light on the challenges faced and opportunities available in healthcare cost management while emphasizing the need for finance functions to evolve and making recommendations
Therefore, this document provides an overview of some of the available advanced statistical forecasting techniques, how to select the appropriate one, existing software, how to interpret and use the output, links to the NHS demand and capacity models, and their limitations.
23 Μαρ 2022 · This paper introduces a proposal to forecast costs through techniques such as a standard model of long short-term memory (LSTM); and patient grouping through k-means clustering in the Keralty...
21 Νοε 2019 · Abstract: People’s health care cost prediction is nowadays a valuable tool to improve accountability in health care. In this work, we study if an interpretable method can reach the performance of black-box methods for the problem of predicting health care costs.
Forecasting: A Cost Control Tool for Health Care Managers Everette S. Gardner, Jr. and Curtis P. McLaughlin Adapting the appropriate forecasting technique to a health care environment is essential for cost control. As the Chapel Hill experience shows, forecasting is within everyone's reach and can successfully reduce costs. 0361-6274/80/0053 ...
13 Ιουλ 2023 · Attempts have frequently been made to raise efficiency and cost-effectiveness in healthcare services. However, to achieve these goals, background knowledge and skill are essential and good understanding of forecasting methods can help healthcare administrators learn, apply, and utilize data to attain their goals.
health care cost estimation. • Discuss methodological and empirical challenges. • Identify best practices in the measurement, statistical anal-ysis, and application of health care costs. • Assess potential advantages, limitations, and challenges to developing standardized approaches to the conduct and reporting of cost analyses.
